Woofun AI reports that Binance has launched BTC Yield, an open-ended yield strategy product denominated in BTC. Designed for long-term holders, the product utilizes a covered call option strategy to generate potential returns without requiring frequent market trading. Shunyet Jan, Head of Binance Exchange and Trading Business, stated: "BTC Yield further enriches the product options available to our users, allowing them to leverage their digital assets in more ways." The initiative aims to lower barriers to entry for traditional financial strategies. To mark the launch, Binance Earn is offering a 100,000 USDC prize pool for eligible subscribers.