Choise.com Introduces Web3.0 Interest Accounts with Outstanding 26% APY on Stablecoins
MetaFi platform Choise.com has launched a new product - Web3.0 Interest Accounts. Now Choise.com users have the ability to earn on USDT, USDC, and CHO (the platform's native token) interest accounts, through its proprietary ecosystem.
Choise.com sets a goal of finding the DeFi products that offer good options for earning, and making access to them easier for users by collecting all these products within a simple, easy-to-use, one-click solution.
How Web3.0 Interest Accounts Work
Users of the service will choose from three deposit periods, lasting 6, 12, and 24 months, respectively. Each term will have a different possible annual percentage yield (APY). The APY will also differ depending on the coin a user will be depositing.
USDT and USDC deposited for 24 months will attract up to 16% APY. The figure will be 26% for CHO deposited for a similar period.
Deposit Period (months) 6 12 24
USDT/USDC (APY) 13% 15% 16%
CHO (APY) 13% 25% 26%
To get started on Web3.0 Interest Accounts, the platform requires users to make a minimum deposit of USD 500 worth of USDT, USDC, or CHO. However, there is no limit to the maximum amount users can deposit.
Interest payments will be made at the end of each deposit term in the same cryptocurrency with which the investor made the initial deposit.
DeFi Interest Accounts users will be free to build their investment strategies based on their risk appetite. This is because the deposits are divided into three distinct risk levels: safe, moderate, and risky. That said, even though the risk levels are clearly defined, Choise.com still advises people who are interested in investing to do their own research before putting money into a certain deposit.
Choise.com is an innovative crypto solution that combines all the advantages of CeFi and DeFi services into one system. At the heart of Choise.com is a new, in-house ecosystem: Charism, a suite of products that provides users with more chances to earn on their crypto assets.
The platform was hived off and rebranded from the crypto wallet and CeFi ecosystem Crypterium, in 2021.
Choise.com is run by Vladimir Gorbunov, the company's founder, and CEO. More than 160 people work for the company, and their main goal is to find new ways to combine CeFi and DeFi technologies to reflect the future crypto market.
The company's portfolio today includes over 700,000 users.
Click on the links below to learn more about Choise.com
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