How to earn via Rewards?
These use cases are effective to earn SMARTCREDIT rewards
Reward specific use cases:
- Strategy 1: Borrow, earn weekly bonus rewards, and stake weekly bonus rewards — results in circa 15% APY after interest payment.
- Strategy 2: Lend, earn weekly bonus rewards, and stake weekly bonus rewards — results in circa 33% APY. Here is the video walkthrough.
- Strategy 3: Borrow, buy SMARTCREDIT, earn weekly bonus rewards, and stake weekly bonus rewards — results in circa 55%–60% APY. Here is the video walkthrough.
- Strategy 4: Monetize collateral via borrowing, buy SMARTCREDIT, earn weekly bonus rewards, stake SMARTCREDIT incl. weekly bonus rewards — results in circa 17%–21% APY. Here is the video walkthrough.
- Strategy 5: Borrow, pay interest, and earn SMARTCREDIT bonus rewards for borrowing (10–20% APY).
- Strategy 6: Lend, earn interest, and earn SMARTCREDIT bonus rewards for lending (25% APY).
- Strategy 7: Stake SMARTCREDIT and earn staking rewards (40%–80% APY). Here is the video walkthrough.
Additional info:
- The medium article “How to earn with SmartCredit.io?” details many attractive strategies for earning with SmartCredit.io.
- Details of the token model and rewards are available in the medium article “Updated token utility from the Release 1.2”
- High-level summary of rewards and staking is available in: "SmartCredit.io launches Credit Lines, Staking and Bonus rewards"
Last modified 26d ago