We have added SOL, AVAX, and LUNA to Crypto Earn. Users can now enjoy up to 6% p.a. interest on AVAX, 4.5% p.a. on SOL, and 3% p.a. on LUNA deposits. Crypto.com Private users are entitled to bonus interest of up to 8% p.a.
Crypto Earn supports over 40 coins, including BTC, ETH, LTC, ATOM, DOT, UNI, and USDC. Interest is accrued daily and paid weekly in the deposited crypto, and users can access Flexible, 1-Month or 3-Month terms.
About Solana (SOL)
Solana aims at scaling blockchain without sacrificing decentralisation or security. Core to Solana’s scaling solution is a decentralised clock titled Proof-of-History (PoH), built to solve the problem of time in distributed networks where there is not a single, trusted, source of time. By using Verifiable Delay Functions, PoH allows each node to locally generate timestamps, eliminating the need for the broadcasts of timestamps across the network, enhancing overall network efficiency.
About Avalanche (AVAX)
Avalanche is an open-source platform for launching highly decentralised applications, new financial primitives, and new interoperable blockchains. It democratises financial markets and bridges all blockchain platforms together into one interoperable ecosystem.
About Terra (LUNA)
LUNA is a cryptocurrency that is mined to power Terra’s DPoS blockchain. Terra is a protocol of money that ensures price-stability by algorithmically expanding and contracting supply. Miners therefore provide stability and security. In exchange, the protocol offers stable mining rewards from transaction fees and seigniorage in all economic conditions. Terra uses seigniorage created by its mining operations as transaction stimulus, thereby facilitating adoption.