Coinbase will provide tiered USDC subsidies for open positions in contracts According to BlockBeats, on August 20th, according to the community manager Super Jun, Coinbase's derivatives have updated new features today, providing tiered USDC subsidies based on users' open positions in contracts. Super Jun said, 'This subsidy directly targets fund fee products such as BFUSD and USDE. For example, if a user deposits 1 million USDC and opens a contract worth 2 million USD, then the user's 1 million USDC deposit naturally comes with an annualized 8% return.'; If the user's deposit reaches 10 million USDC and a contract of 20 million USDC is opened, then the user's 10 million USDC will receive an annualized return of 12%