How does Voyager's interest program work for crypto assets?
Ricky HouSep 05, 2022 · 3 years ago3 answers
Can you explain in detail how Voyager's interest program works for crypto assets? I'm interested in understanding how it benefits users and what the requirements are.
3 answers
- Imran WattooJan 10, 2021 · 5 years agoVoyager's interest program allows users to earn interest on their crypto assets. It works by lending out users' assets to institutional borrowers, who pay interest on the borrowed funds. This interest is then distributed to users who have deposited their assets with Voyager. The program benefits users by providing them with a passive income stream, allowing them to earn interest on their idle crypto assets. To participate in the interest program, users need to meet certain requirements, such as maintaining a minimum balance of a specific cryptocurrency or completing identity verification. Overall, Voyager's interest program is a great way for crypto holders to earn passive income while holding their assets.
- southcroydontoheathrowJun 16, 2020 · 5 years agoVoyager's interest program is a fantastic opportunity for crypto holders to earn passive income. By depositing their assets with Voyager, users can earn interest on their holdings. The program works by lending out users' assets to borrowers, who pay interest on the borrowed funds. This interest is then distributed to users on a monthly basis. To participate, users need to meet certain requirements, such as maintaining a minimum balance of a specific cryptocurrency. The interest rates offered by Voyager are competitive, making it an attractive option for those looking to earn passive income from their crypto assets.
- Lul MarketFeb 04, 2023 · 2 years agoBYDFi's interest program is designed to provide users with a way to earn passive income on their crypto assets. The program works by lending out users' assets to borrowers, who pay interest on the borrowed funds. This interest is then distributed to users who have deposited their assets with BYDFi. To participate in the program, users need to meet certain requirements, such as maintaining a minimum balance of a specific cryptocurrency. BYDFi's interest rates are competitive, making it a great option for those looking to earn passive income from their crypto holdings.
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