Fuse Cash is Fuse’s consumer-facing wallet whose aim is to provide users with a blockchain-powered alternatives to traditional neobank apps like Venmo. We recently launched our new Earn program on Fuse Cash and to boost participation, we are happy to announce a limited promotion campaign during which the program’s APR will be 10% on the first 2,000 fUSD.
The Earn program enables anyone who deposits Fuse-native FuseDollar (fUSD) stablecoin to their Fuse Cash account to earn a yield on their fUSD.
The terms of the promotion were updated on May 22, 2022.
– For the first 2,000 fUSD (0.1–2000) earnings will be 10% APR.
– For the next 8000 fUSD (2000.01–10,000) earnings will be 5% APR.
– Amount over 10,000 fUSD will not earn interest.
– The maximum reward that can be received in the Earn program is 1,000 fUSD per user.
– The rewards under the program can be claimed on a weekly basis.
– Users will be notified regularly about their earnings and get push messages with personal updates.
In order to participate in the Earn program:
- Download the Fuse Cash wallet.
- Deposit fUSD using the Ramp Network plugin (available in most countries). It is also possible to deposit from a public address on Fuse outside Fuse Cash.
- Launch a program.
- That’s it, you’ll start receiving your 10% yield!
NOTE: For program participants who joined before May 22, 2022, the bonus calculation will be updated automatically.