August 20, 2021 / Product
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
|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]
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.
Follow these simple steps to get started: