September 16, 2021: Not-for-profit financial services platform hi will introduce its Earnings product to all members allowing them to passively earn on any crypto asset, this Thursday. Earnings will offer hi members up to 40% APY plus yield options on several cryptocurrencies including Bitcoin, Ethereum and stablecoins such as USDT.
Once launched, members of hi can start to stake their tokens start earning on their crypto assets. The feature comes with no hidden fees and a host of tokens available to stake including BTC, ETH, LTC, DOGE, BNB, USDC, USDT and more.
Earnings products are growing rapidly across the wider crypto market giving HODLers an opportunity to earn yield without necessarily selling off their assets. By putting their idle assets to work, hi members will receive up to 40% APY on their crypto including stablecoins - one of the top interest-earning crypto accounts.
Sean Rach, co-founder of hi, said:
"With our focus on delivering membership value, the launch of Earnings underlines our commitment and marks another milestone. In a zero interest rate environment, the ability to earn a reliable return on crypto is something that everyday consumers are just now becoming aware of. We have focused on developing an easy to understand user experience that offers several duration and payout options in multiple currencies."
The platform offers members depositing timelines of 7, 30, 90,180, and 365 days, with the yield set accordingly. This allows members to boost their earnings with the utmost flexibility in the timeframe they require. The interest is paid in hi Dollars (HI) into the member’s ‘Flexible’ with the member selecting their preferred payout time limit - either daily or at the end of the term.
hi members who wish to try Earnings simply transfer their assets from ‘Flexible’ to ‘Earnings’ and select the desired duration/payout for a clearly stated APY. Those who are not yet members can sign up on the web app version of the hi app (web.hi.com), deposit their assets and start earning in just a few clicks.
hi is leveraging blockchain technology to build services that are community powered. Members of hi are the key stakeholders of this ecosystem and the business is committed to maximize membership value - not profits. Our first product is a digital wallet that provides members with the most seamless payment experience via social messengers (initially Telegram and WhatsApp, with others to follow) and web app (web.hi.com). Learn more and get hi at hi.com.
- Dan Edelstein