KuCoin Earn Launches the APR Tiers Function

2022/07/08 10:04:30Ankündigungen

Dear KuCoin Users,

In order to continuously optimize the user's experience, the KuCoin Earn platform has launched the "APR Tiers" function to provide users with different levels of APR with different subscription amounts.

Details about APR Tiers:

1) The tiered interest rate currently only supports Staking Flexible and Flexible Promotion products, while other products are not supported.

*The current products available for APR Tiers include USDT Flexible Promotion and USDC Flexible Promotion.

2) For products that support "APR Tiers", the characters "APR Tiers" will be displayed on the product display page, and the detailed content of the "APR Tiers" will be displayed on the product subscription page.

3) The assets subscribed by users will accumulate interest according to the tiered APR.

Example: The APR Tiers level of USDC Flexible Promotion is 3% for 0-1,000 USDT; 1.5% for >1,000 USDC.

The interest is calculated at 3% for the subscribed amounts of 0~1,000 USDC, and the interest is calculated at 1.5% for the subscribed amounts of 1,000~10,000 USDC. The final interest received by the user is the sum of the two steps. The Daily Interest Formula: User’s Daily USDC Interest = 1,000/365*3% + (10,000-1,000)/365*1.5%

Thank you for your support!

The KuCoin Earn Team