Tokenomy partners with reputable and licensed third party service providers around the world to offer compelling interest rates on Earn products. For fixed deposit products, Tokenomy engages crypto finance institutions that can optimize your returns within different timeframes. For staking services, we work with multiple staking project leaders to simplify the process of staking, and keep your crypto assets secure at the same time. Users no longer have to sign up with various yield enhancing platforms, Tokenomy is the one-stop shop for crypto yield products.
How are interest rates calculated?
As per the Earn Service Agreement, the periodic rate is calculated by dividing the applicable annual interest rate by three hundred and sixty five (365) multiplied by the relevant duration of the product subscription (rounded down to 8 decimal places). All interest will be paid in the same Digital Asset used to subscribe.
As a hypothetical example, let’s assume that there is an ongoing Earn Product with the following terms: BTC-denominated, 30 days, 5% per annum in interest rates, subject to a maximum total limit of 100 BTC. User A deposits 1 BTC into the Program, and after 30 days, User A receives 1.00410958 BTC in return (1 BTC * 5% * 30/365).