Cryptocurrency Q&A How much interest does compound crypto pay?

How much interest does compound crypto pay?

DondaejiDelightfulCharmingSmile DondaejiDelightfulCharmingSmile Sun Oct 27 2024 | 7 answers 1184
I'm curious about the interest rates offered by compound crypto. I want to know how much interest I can earn by investing in this platform. How much interest does compound crypto pay?

7 answers

Stardust Stardust Tue Oct 29 2024
Depositing USDC in Compound can be a lucrative opportunity for investors.

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LightningStrike LightningStrike Tue Oct 29 2024
Currently, the platform offers a distribution APY of 3.62%.

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Alessandra Alessandra Tue Oct 29 2024
This means that by depositing your USDC in Compound, you will receive 3.62% of your deposit amount back in COMP tokens.

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Stefano Stefano Mon Oct 28 2024
The COMP tokens are distributed over a year, providing a steady stream of rewards.

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AzrilTaufani AzrilTaufani Mon Oct 28 2024
This rate of return is attractive for those looking to earn passive income on their USDC holdings.

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