News

Build a 9.3% passive income stream through the upgraded Fixed-Rate Project!

Mar 11, 2021

Steaker upgrades the Fixed-Rate Project with a higher annual percentage rate (APR), shorter contract periods, and a lower investment threshold, allowing users to earn interests from 8.8% to 9.3% effortlessly! If you are risk-averse, this is a perfect chance to build up a passive income stream without being affected by market fluctuations. Meanwhile, to encourage the crypto newbies to give a shot, the investment threshold is lowered to 500 USDⓢ. What’s even better, there will not be any penalty if one decides to redeem before maturity.

Fixed-Rate adopts “stablecoin lending” as a strategy, collecting interests from well-known decentralized platforms on Ethereum at relatively low risks. Although this strategy seems simple, there are still some difficulties for retail investors to conduct by themselves. For example, the lending amount is often higher than expected. As Ethereum price remains at the peak, it requires at least 50,000 USDⓢ to compensate the cost of the gas fee. However, it only takes 500 USDⓢ to subscribe to our Fixed-Rate Project, then you can enjoy the passive income opportunities right away!

＊In the above example, 3 months are calculated in 92 days. The actual interest earned will be slightly different depending on the actual investment period.

Reminder for the Fixed-Rate subscribers

For those who have subscribed to the Fixed-Rate before 2021/03/11 15:00 (UTC+8), the APR will remain at 6%, and the contract period will not be affected. However, the “Remaining Time” column has been changed to “—”, so there won’t be any penalty caused by “Redeem” or “Renew” the project, and you can still gain the accumulated interests and rewards. If you want to transfer to the upgraded one, all you have to do is click the “Renew” button.

About the Fixed-Rate Project

  • Project Upgrade: 2021/03/11 15:00 (UTC+8)
  • Minimum Investment: 500 USDⓢ
  • Supported Currency: USDT, USDC, and DAI
  • Contract Period: 7 days / 1 month / 3 months
  • Project Start Time: 1 working day after deposit completed
  • Penalty: none
  • Incentive Fee: none
  • Redemption Fee: none

For more information about the upgraded Fixed-Rate, please visit Steaker.com.