Dear Poloniex users,
To help grow your crypto holdings, Poloniex is launching Poloniex EARN, a suite of fixed-term & fixed-income products. Users can subscribe to EARN-suite tokens on Launchbase to earn yields on their holdings.
As the first product in the EARN suite, USDTEARN1 is a 90-day fixed-income product with an APY of 8%. The total supply of USDTEARN1 is 5,000,000. Each user can subscribe to up to 10,000 USDTEARN1.
USDTEARN1 subscription opens at 14:00:00 on September 26, 2022 (UTC)
To subscribe, please go to: https://poloniex.com/launchbase/USDTEARN1
Notes:
- Subscription will end when all the USDTEARN1 tokens offered are subscribed. First come, first served;
- Each USDTEARN1 will be automatically redeemed for 1.02 USDT after the maturity date (December 25, 2022);
- Automatic redemption period: December 26–30, 2022;
- You cannot trade or transfer USDTERAN1 during the 90-day period due to its nature as a fixed-term & fixed-income product. Your USDTEARN1 will be recycled after 90 days, and the corresponding amount of USDT will be distributed to your account.
- Poloniex reserves the right of final interpretation for this product.
Poloniex Team
September 25, 2022
Find us on
Telegram: https://t.me/poloniexenglish
Twitter: https://twitter.com/Poloniex