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Monday, August 19, 2024

Earn 8.86% APY on Your USDC | CoinStats Weblog


We’re thrilled to introduce CoinStats’ new integration and partnership with Affine — the world’s first cross-chain funding and financial savings app. 

CoinStats’ Affine integration allows you to put your idle crypto belongings to work straight on CoinStats and earn as much as 8.86% APY — all whereas robotically defending in opposition to impermanent loss. 

Earn Actual Yield
8.86% APY in your USDC 

This brand-new Affine integration will convey you a handy solution to put money into a number of belongings, earn a considerable actual APY, and reduce your threat.

Affine is a DeFi protocol primarily based on Ethereum and Polygon networks that gives customers entry to diversified yields throughout varied DeFi protocols.

Affine’s USDC Earn is much like a financial savings account. You retain your funds in USDC and lend it out to a basket of lending protocols to earn yield.

Affine’s baskets allow customers to earn excessive actual yields and reduce their threat by having their investments unfold out throughout totally different platforms. The usage of pre-constructed baskets removes the trouble of manually managing positions on every particular person platform. 

Affine has raised a seed spherical from main crypto buyers corresponding to Coinbase Ventures,  Circle Ventures, founders of Dragonfly Capital and Polygon Networks, and extra. The protocol is absolutely audited by Halborn, one of many business’s prime sensible contract auditor firms. 

What Does This Imply for You?

CoinStats’ Affine integration permits our customers to speculate utilizing Affine’s USD Earn basket straight on CoinStats. 

Not solely do these baskets supply stable actual yields of as much as 8.86% — in addition they comprise a number of belongings that robotically rebalance. Which means investing in USD Earn gives you with the advantages of a diversified portfolio whereas holding a single asset. 

Furthermore, all the hampers include no lockup durations, which means you possibly can withdraw your funds everytime you need! 

This integration will convey CoinStats and Affine (in addition to our person bases) nearer, permitting Affine customers to simply observe their investments, and granting CoinStats customers entry to extra (and higher!) funding automobiles straight on the platform.

This partnership brings CoinStats one step nearer to reaching its aim of being essentially the most in depth one-stop hub for all crypto buyers. 

Remaining Phrase

As soon as once more, we need to categorical our pleasure for partnering up with a protocol that can convey extra advantages to CoinStats customers. Be at liberty to move over to the CoinStats Earn web page and check out Affine’s USD Earn basket investments, and tell us your ideas! 

Final however not least, thanks on your time and steady help — we’re wanting ahead to evolving and reaching nice issues collectively! 

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