 Bitcoin.com is unlocking earn on crypto!  At long last, we're excited to be offering a passive-interest product that's easy to use, and available to anyone. To start earning 10-20% APY automatically, all you need to do is hold flexUSD.
What is flexUSD? FlexUSD is a 1-click mint/redeem US-dollar-pegged (USDC) stablecoin which pays holders interest automatically. Simply hold flexUSD and compound your interest. FlexUSD can also be used as collateral to trade, meaning you can earn yield and trade at the same time.
FlexUSD is an ERC-20 token and also lives on the Bitcoin Cash network via Simple Ledger Protocol (SLP) and SmartBCH (SEP20).
How much interest can I earn by holding flexUSD? The interest rate varies, but on average flexUSD has consistently paid out between 10-20% APY.
Where does the yield come from? Behind the scenes, yield for flexUSD is generated by interest paid on short-term lend/borrow markets on the Bitcoin.com Exchange and CoinFLEX exchange. Interest rates will vary but are estimated at between 10-20%.
How do I get flexUSD? You can swap into it a few taps in the Bitcoin.com Wallet. Here's a guide explaining how. You can also trade crypto for flexUSD on the Bitcoin.com Exchange, or "mint" flexUSD on the Bitcoin.com Exchange.
Read more about Bitcoin.com's partnership with CoinFLEX here.
Get more details about the new Bitcoin.com Exchange here.
And as always, if you have any questions, don't hesitate to reach out to Support. |
Earn passive income with 10-20% APY just by HODLing flexUSD
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