What are the rates and how is it paid out?

Modified on Thu, 25 Sep at 11:16 AM

Interest is compounded and paid out daily at midnight (00:00 GMT+8). The rates may differ based on the stablecoin currency and your respective Earn balances.

These are the current rates*:

1. XUSD

3% APY on whole XUSD balance

2. XSGD

1.0% APY on whole XSGD balance

3. USDC

2.0% APY on whole USDC Earn balance

APY (annual percentage yield) takes into account the effect of compounding. As an example, with daily compounding, an initial 100,000 USDC in your Earn balance with 2.0% will work out to 102,020.10 USDC after a year.

*Rates are subject to change.