Hodlnaut, a crypto interest-earning platform based in Singapore, has just announced its revised interest rates. With effect from 9 August 2021, users can earn interest with the new rates and tiers in the crypto asset of their choice from the six supported assets: BTC, DAI, ETH, USDT, USDC, and WBTC.
Previously, Hodlnaut offered an APY of 6.2% for BTC and WBTC, 6.7% for ETH, and 10.5% for USDC, USDT, and DAI. However, the new rates and the introduction of tiers have been updated to reflect the current market conditions.
Depending on the tiers, users can now earn up to 7.5% APY on BTC, WBTC, and ETH, up to 12.7% APY on USDC and USDT, and up to 8.3% APY on DAI. The rates have been adjusted to ensure maximized earning opportunities for users. To view the full tiered interest rates, check out our resourceful guide.
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“We always strive to offer the best experience on our platform for our users. The change in interest rates and the introduction of a tier system is thus necessary in order to maintain the best risk management policies while having our users attain maximized interest rates,” said Juntao, CEO and Co-founder of Hodlnaut.
The interest will be calculated at the end of every day and deposited to the user’s account every Monday, 5 pm (GMT +8).
