After careful consideration, we’ve made the difficult decision to discontinue our Earn service.
With impermanent loss and the impact on returns given the fluctuations of the market, the benefits with Earn service have become unattractive, hence the business decision made to sunset the service.
What does this mean for me who is invested in Earn?
- Earn will be discontinued, and all auto compounding will be stopped with immediate effect as of 8th of May 2023.
- Your allocated funds - the principal amount and all earned rewards - will be returned back to you, inclusive of Volatility Protection.
- No action from you is required.
What can I do next?
- Earn may not be available anymore, but you can allocate assets into our YieldVault service, which supports the same tokens – i.e. BTC, DFI, DUSD, USDC, and two additional tokens for ETH and USDT.
- YieldVault is an easy way to earn competitive yields on their favorite cryptocurrencies in a hassle free way.