DeFi Users Can Now Earn Compound Interest on Crypto.com

2020-12-17 15:34

Crypto.com has just announced the launch of DeFi Earn, a new feature included in its DeFi Wallet app.

Crypto.com Zeroes in on DeFi

The new feature allows users to capture yield across several decentralized finance projects. It is made possible by integrating the essential lending protocol Compound.

The move will give Crypto.com’s users easy access to nine DeFi tokens, including BAT, COMP, DAI, ETH, UNI, USDC, USDT, WBTC, and ZRX. The company has confirmed that more will be listed soon. 

At current, the highest interest rate is 5.92% for USDT.

Users will be able to grow their holdings by earning interest in Compound, and tokens will automatically be added to the protocol paying out the highest yield at the time of deposit. Crypto.com will charge 0.5% on withdrawals as part of the service.

DeFi Earn is live now. The app can be downloaded here. 

Disclosure: At the time of writing, the author of this feature owned BAT, ETH, and UNI, among a number of other cryptocurrencies. Crypto.com is a sponsor of Crypto Briefing.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Bitcoin Interest (BCI) на Currencies.ru

$ 0 (-1.38%)
Объем 24H $0
Изменеия 24h: 0.44 %, 7d: 1.22 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0055889 (-100%)

interest crypto compound earn users defi

Источник: cryptobriefing.com

interest crypto → Результатов: 126


Фото:

Browser Extension Aims to Identify Cryptocurrency Tribalism on Twitter

A new browser extension called “Coinflict of Interest” was recently launched on GitHub and it aims to solve the problem of transparency on Crypto Twitter. Created by an open-source developer, Coinflict of Interest exposes bias towards certain coins among well-known figures in the crypto industry, helping people differentiate between truthful and sponsored content.

2019-3-27 09:40


CredEarn Program By Cred Offers TrustToken Holders Of TrueUSD Stablecoin Up To 8% In Interest

CredEarn Program Offers Holders Of TrueUSD Stablecoin Up To 8% In Interest Holders of TrueUSD (TUSD), a stablecoin that is pegged to the U.S. dollar can invest the cryptocurrency with Cred, a crypto lender who has partnered with TrueUSD's developer, TrustToken to enable its investors to earn 8 percent in annualized returns, according to reports […]

2019-3-26 21:14


Newfangled Crypto Service Signals Continued Institutional Interest In Bitcoin

Since Bitcoin (BTC) began to falter in early-2018, optimistic investors, many of which are “HODLing,” have resorted to grasping for straws. Case in point,  the words, “Wall Street” and “institutional investors,” are incessantly mentioned, as crypto diehards have sought to find a light at the end of the proverbial tunnel.

2019-3-24 00:00


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Mt. Gox Mystery: Defunct Exchange Moves Over $2 Billion In Bitcoin – Details

Mt. Gox is back in the news, this time, transferring 32,371 Bitcoin, valued at $2.19 billion at current prices, to an undisclosed address. The transaction from a defunct crypto exchange happened when Bitcoin’s market price was stuck in the $65k to $73k range and anticipating the results of the US elections. Related Reading: No Comeback: […]

Consensys cuts workforce by 20% amid restructuring

Consensys is reducing its workforce by 20%, a move designed to streamline operations and reinforce its leadership in the web3 space, according to an Oct. 29 release. The staff cuts are part of its new restructuring plan, which aims to strengthen its long-term sustainability and commitment to decentralization as it navigates tough economic conditions and […] The post Consensys cuts workforce by 20% amid restructuring appeared first on CryptoSlate.

Bitcoin wallets dormant for 15 years suddenly move BTC

Satoshi era bitcoin wallets dormant since 2009, have just moved 250 BTC to new wallet addresses. The five wallets transfered BTC in batches of 50 coins each. Bitcoin price traded around $63,500, having touched highs above $64,000 across major exchanges.

Bitcoin wallets dormant for 15 years move BTC after touching highs above $64,000

Satoshi era bitcoin wallets dormant since 2009, have moved 250 BTC to new wallet addresses The five wallets transferred BTC in batches of 50 coins each Bitcoin price traded around $63,500, having touched highs above $64,000 across major exchanges Several Bitcoin (BTC) miner wallets dormant for over 15 years have moved 250 BTC worth over […] The post Bitcoin wallets dormant for 15 years move BTC after touching highs above $64,000 appeared first on CoinJournal.