DeFi protocol Phuture launches USDC earn product

DeFi protocol Phuture launches USDC earn product
фото показано с : coinjournal.net

2022-9-27 15:17

Phuture’s Earn Product for USDC is powered by DeFi protocol Notional Finance. Users can deposit the stablecoin USDC and earn income on the assets saved in the USDC Savings Vault.

Decentralised crypto platform Phuture has formally introduced its first yield earning offering via the recently announced ‘Saving Vault’ product.

The first crypto asset on offer is USDC Savings Vault, or “USV”, the DeFi protocol’s first Savings Vault that will see customers earn reliable interest on their USDC holdings.

According to Phuture, the crypto savings product targets offering users a new way to generate passive income on their USDC, which will be accessible at dependable and predictable rates.

Heard the news from @decryptmedia? 🗞️$USV, our first Savings Vault, will allow users to earn dependable interest on their $USDC.📈

Powered by @NotionalFinance, the leading fixed rate borrowing protocol, $USV is the smart way to put your money to work.https://t.co/MwJfVyL4e0

— Phuture Finance 🐳| Exposure to crypto, simplified (@phuture_finance) September 27, 2022

The USV will be powered by Notional Finance, an Ethereum-based protocol that offers a platform where users can borrow or lend crypto assets at a fixed rate.

Commenting on the product and the partnership with Phuture, Notional CEO Teddy Woodward noted:

“Interest rates in crypto can swing wildly. Notional’s focus is to bring fixed-rate opportunities from tradfi to DeFi so users can plan for the future and depend on predictable rates. We’re proud to partner with Phuture to provide their users an even simpler way to access Notional’s fixed rate yields.”

The vault will leverage smart contracts to offer an automated yield generating product. Users can access this product via the Phuture app, with equivalent vault shares allocated to represent the USDC deposits.

The post DeFi protocol Phuture launches USDC earn product appeared first on CoinJournal.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

BlockMason Credit Protocol (BCPT) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.04 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0195725 (-100%)

earn product defi usdc phuture protocol launches

earn product → Результатов: 65


Фото:

KX.finance Announces Upcoming DeFi/DEX Aggregator Launch On APTOS/SUI Blockchain

KX.finance team is proud to announce the upcoming launch of their new Aptos/Sui-based DeFi/DEX tool and aggregator with aggregation capabilities. According to the LitePaper from the official website, this innovative new product will offer aggregation capabilities and solve three pain points of existing DEX and Aggregators:  End users can earn crypto in several x-to-earn ways […]

2022-9-19 16:07


Фото:

BitMEX introduces new EARN and CONVERT products to its ecosystem

BitMEX, a crypto trading platform owned by HDR Global Trading Limited, is announcing the long-awaited add-ons to its ecosystem, namely: Bitcoin EARN and CONVERT. As their names suggest, the products offer users new ways to earn and convert crypto, other than the crypto exchange and derivatives trading services present on BitMEX. The first major product, […]

2022-1-20 16:35


No High DeFi Yield for US Customers, Coinbase Allows Global Users to Earn Interest on DAI via Compound

Cryptocurrency exchange Coinbase has launched a high DeFi yield product for its global users, except in the US. “We are making DeFi more accessible, enabling eligible customers in more than 70 countries to access the attractive yields of DeFi lending on their DAI with no fees, lockups, or set-up hassle,” Coinbase said in a prepared […] The post No High DeFi Yield for US Customers, Coinbase Allows Global Users to Earn Interest on DAI via Compound first appeared on BitcoinExchangeGuide.

2021-12-11 00:00


Фото:

Compound (COMP) Unveils Institutional-Grade DeFi Product Compound Treasury

DeFi protocol Compound (COMP) launches Compound Treasury to give institutions a taste of lucrative DeFi yields. Compound Protocol Launches Compound Treasury Compound (COMP), a blue-chip decentralized finance (DeFi) protocol built on Ethereum that lets users earn interest or borrow assets against collateral has launched Compound Treasury which is geared toward non-crypto native businesses and financialRead More

2021-6-29 10:16


Фото:

Binance Unveils Vault Allowing Users To Earn 5-8% Annual Interest On Staked BNB Tokens

Binance cryptocurrency exchange has announced the launch of BNB Vault, an investment product that allows users to stake their BNB and earn 5-8% annual interest. BNB Vault is a yield aggregator that lets users put their BNB tokens to work by utilizing the exchange’s wide array of financial products including DeFi staking, Flexible Savings, and […]

2020-11-4 09:33


Фото:

Bitwala introduces Bitcoin Account with 4.3% Interest

Digital crypto bank Bitwala and crypto lender Celsius Network have partnered in a deal that will see bank account holders earn interest for hodling their BTC Bitwala, which created the world’s first crypto bank account in 2018, has announced a new product that allows account holders to receive interest payouts on their Bitcoin (BTC) assets […] The post Bitwala introduces Bitcoin Account with 4.3% Interest appeared first on Coinjournal.

2020-5-14 12:14


Coinbase Plans to Sunset $100 Million ‘Earn.com Portfolio’ to Focus on Coinbase Earn in 2020

Coinbase is planning to phase out Earn.com from their product portfolio and users have up to February, 2020 to make all withdrawals. The exchange had acquired this micro-task platform back in 2018 at around $100 million which was considered a significant investment within the crypto industry at the time. A recent email was sent out […]

2019-12-23 19:30


CoinMarketCap Launches Interest Rate Comparison for Cryptoasset Lending Platforms

CoinMarketCap has launched a new product, ranking crypto-asset lending platforms according to the interest rates on offer. The product, called Interest by CoinMarketCap, works in a similar way to the existing ranking service, but in this case ranks crypto assets, 33 in total, by the interest rates borrowers and lenders either pay or earn respectively.

2019-10-17 17:43


FunnyToken ICO

What is FunnyToken? In a world where digital assets have gained value with the use of ERC-20 blockchain, FunnyToken(FUNTO) aims at bringing cryptocurrencies into use in games and digital services. FunnyToken intends to be an option for purchase and sale online and offline services’ in-app elements or any advantage offered.

2019-9-1 17:33


NERVE ICO

NERVEecentralized earnings and is therefore similar, but not equal to a stock share. As with any share purchase, the holders own their respective share of the product’s earnings potential. As opposed to conventional stock, the NERVE (NRV) equity token entitles the investor to a share in total revenue rather than net profit.

2019-4-15 06:03


Coinbase Earn Promises to Give Away 1 Billion Stellar Lumens, Aims to Teach About XLM Protocol

Coinbase is known for innovation and for serving their customers in a way that allows them more freedom and movement in the crypto industry. Most of the announcements lately have been about new listings of third-party tokens, but today is about their own product – Earn XLM. Earn XLM is an opportunity from Coinbase Earn. […]

2019-3-27 00:45


Alluva: Crypto Assets Rating and Investment Prediction Offerings Data

What Is Alluva? Alluva is a blockchain-based product that incentivizes participants by enabling them to earn cryptocurrency rewards from ratings and making predictions on crypto assets. Alluva aims at providing the investment space with clarity and transparency by providing Institutions, startups, cryptocurrencies, and retail investors with a way of using predictions and ratings to carry out […]

2019-3-18 11:26