Coinbase will provide tiered USDC subsidies for open contract positions

According to Odaily Planet Daily, Coinbase's derivatives platform has been updated with a new feature today, offering tiered USDC subsidies based on users' open positions in contracts. Super Jun explained, "This subsidy is directly aligned with funding products like BFUSD and USDE. For example, if a user deposits 1 million USDC and opens a $2 million contract, their 1 million USDC will automatically receive an 8% annualized return. If their deposit reaches 10 million USDC and they open a $20 million contract, they will receive a 12% annualized return on their 10 million USDC."