Hodlnaut Increases its Stablecoin Interest Rates, Launches New Token Swap Feature
Hodlnaut has increased its stablecoin interests rates to 10% (APR) and 10.5% (APY)
SINGAPORE, May 6, 2021 /PRNewswire/ Hodlnaut, an emerging cryptocurrency lending platform based in Singapore, announced today an increase in its Dai (DAI), USD Coin (USDC), and Tether (USDT) stablecoin interest rates. The new interest rates will be effective from May 4 2021.
Previously, Hodlnaut offered an 8.0% APR (8.3% APY) for stablecoins. The rates have now increased to 10.0% APR (10.5% APY). The new rates will provide significant returns to users while they hold their stablecoins with Hodlnaut.
The company has maintained consistent interest rates on both cryptocurrency and stablecoins irrespective of the changing market conditions.