NEW FEATURE ALERT! — EARN UP TO 70% APY IN $XEND ON YOUR SAVINGS

Feranmi Akeredolu
Xend Finance
Published in
2 min readJun 10, 2021

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We are always looking for ways to help our users earn more on their savings and build long-term savings habits by incentivizing savers with $XEND. We recently launched a savings feature in partnership with DefiDollar, allowing users to earn up to 25% on their savings.

Now, Xend Finance users can save and earn multiple levels of interest and benefits. Aside from the stable currency interests you get on your savings, you can earn $XEND tokens too!

What does that mean for you?

Save on the platform and earn a stable interest rate of around 15% APY on your funds and get up to 70% APY in $XEND tokens too based on your savings amount and lock-up period.

The longer you leave your funds saved on the platform, the more $XEND tokens you can get. It ensures our users are incentivised to save for the long-term and not give in to the temptation to withdraw.

Before you start saving, you can calculate the potential rewards on your funds. The Reward Calculator helps a user calculate how much they could earn when they save their money for a month or more.

Calculate $XEND rewards on your savings:

  • Visit https://bsc.xend.finance.
  • Click on Reward.
  • Enter the amount of BUSD you wish to save.
  • Toggle between 1 month, 2 months, 3 months, and 4 months periods
  • Click on Calculate.
  • The system calculates your potential earnings based on the duration you choose.

Note: You can only earn $XEND rewards when you use either the Fixed Savings strategy or Esusu and Cooperative Savings Strategy with a lock-up period greater than 1 month.

Start Saving Today

PS: We have another exciting feature coming out soon that would allow you to earn for referring friends to save on the Xend Finance platform. Follow our social channels to watch out for this announcement: Telegram channel, Twitter, Facebook, Instagram, LinkedIn.

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Feranmi Akeredolu
Xend Finance

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