AltaFin Introduces Earn Contracts

August 20, 2021 / Product

AltaFin is pleased to announce that the Earn contract feature is now live on the AltaFin Platform.


How does AltaFin Earn work?

Loan crypto assets to AltaFin, and earn up to 22%. All contracts are base denominated in USDC so AltaFin can utilize the capital for real estate acquisition in the United States.

Interest is calculated daily in a Base and Bonus rate and can be redeemed every 7 days. [see table below].


Assets Currently Accepted

Ethereum, USD Coin, Tether, yearn.finance, Uniswap, SushiSwap, Wrapped Bitcoin, Chainlink, Dai, 1inch, Celsius, Polygon, Compound, Maker, Aave


Launch Interest Rates

Months 3 9 18 48
Base 0% USDC / 4% AFN 0% USDC / 6% AFN 2% USDC / 8% AFN 2% USDC / 8% AFN
Silver 0% USDC / 8% AFN 0% USDC / 10% AFN 2% USDC / 8% AFN 2% USDC / 14% AFN
Gold 0% USDC / 9% AFN 0% USDC / 11% AFN 3% USDC / 9% AFN 3% USDC / 16% AFN
Platinum 0% USDC / 9% AFN 0% USDC / 12% AFN 4% USDC / 10% AFN 4% USDC / 18% AFN

[Shown as Base/Bonus]


Loyalty Tiers

All loyalty tier % is based off of USDC value of assets and crypto portfolio. For example, if your Crypto Wallet contains $2,300 of AFN tokens and $32,300 of ETH you would have 7% AFN and would quality for the Gold Tier.

  1. Silver - 1%
  2. Gold - 5%
  3. Platinum - 10%


Follow these simple steps to get started:

  1. Sign in to the AltaFin Platform
  2. Transfer one of the accepted assets into your Crypto Wallet
  3. Click "Begin Earning Interest" to open an earn contract