How to EARN?

Created by LIQD Admin, Modified on Sat, 10 Sep, 2022 at 10:44 AM by LIQD Admin

Earn Interest
1. a. Funds in your current balance do not earn interest, so you can stake or subscribe any amount into the earn wallet, where it will accrue interest daily based on the applicable annual interest rate offered.
2. b. For example if GBP has an interest rate of 8% then daily interest of 0.02% will be added to any funds in your earn wallet.
3. c. To begin EARNing you can select ‘stake’ then enter amount you wish to subscribe and submit. The request will be sent to our admin team for processing, which often happens within an hour or two.
4. d. After approved, the subscribed amount will be shown in your earn wallet balance
5. e. You will see interest added in your transactions page, each day this will calculate the current balance and add interest to it. So your interest rate is compounded on APY basis.
6. f. EARN balances are not locked by default, but LIQD may offer fixed terms at enhanced interest rates. These will be clearly marked at the time of subscribing funds and will result in the subscribed amount being time locked for the term period, after which it will be released along with the accrued interest earned.
7. g. Available EARN balances can be withdrawn back to your current wallet balance by ‘unstaking’ them. Just choose to unstake and select the amount. Admin will process this and update your balances.