Users of not-for-profit platform hi can now earn up to 40% APY rewards on their cryptocurrency assets. This is a major update as all hi members will have the opportunity to earn passive income on their crypto assets.
According to a press release, apart from the estimated 40% APY on crypto assets, users of the not-for-profit platform hi will also earn yield options on a number of crypto-assets, such as Bitcoin (BTC), Ethereum (ETH), USDT, etc.
The introduction of the Earning feature will incur no hidden fees for participants. Also, several cryptos, like BTC, LTC, DOGE, BNB, USDT, USDC, ETH, etc., will be available for staking on the hi platform.
Put Your Idle Crypto to Use on hi
The growing increase in decentralized finance (DeFi) and the entire crypto space has resulted in a corresponding increase in participants’ earnings. This, in turn, has resulted in the launch of more user-centric earning opportunities for cryptocurrency enthusiasts. Moreover, these opportunities include interesting earning features that make it possible for users to earn rewards without necessarily having to sell off their crypto assets. This means that participants can easily earn passive income by simply holding crypto assets.
The not-for-profit hi is one of such innovative platforms. Thanks to its recently introduced Earnings feature, its members will be able to put their idle crypto assets to good use. Speaking on the announcement, the co-founder of hi, Sean Rach, spoke highly on what hi was looking to achieve. He added that the not-for-profit platform was focused on “[…] delivering membership value.” He also stated that the introduction of Earnings highlights the platform’s commitment to users. Furthermore, Rach disclosed that having “[…] the ability to earn a reliable return on crypto is something that everyday consumers are just now becoming aware of.” And that hi was concerned with “[…] developing an easy to understand user experience that offers several duration and payout options in multiple currencies.”
More on hi Earnings
The launch of hi’s Earnings feature is a major milestone achievement for the not-for-profit platform. Currently, the earning platform provides interested persons with several depositing timelines, ranging from 7, 30, 90, 180, and 365 days. These specified timelines each come with their respective yield. This, in turn, means that interested persons will be able to boost their earnings within any of the specified time frames.
Notably, all accrued interest will be paid in the hi native token, the hi Dollars (HI), into the user’s “Flexible.” To participate, interested persons only need to transfer their crypto assets from hi’s “Flexible” to “Earnings’’ while also specifying their preferred payout time.
hi, in simple terms, is a community-governed, not-for-profit platform built using blockchain technology. Thus, the platform is focused on improving value for members and not for profits as members are the major stakeholders of the platform. hi, after its inception, launched a unique digital wallet facilitating a top-notch payment experience on several popular social media platforms like Telegram, WhatsApp, Web app, etc. Plans are also in place to launch this digital wallet on other social messaging platforms in the near future.
At the time of publication, HI was trading at $0.654789 with a market cap of $89,826,336 and a 24-hour trading volume of $109,637. Notably, the token price is also up by 2.1% in the last 24 hours.
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