Lending Rate Update 🧮

Weekly lending rate updates on CeFi & DeFi platforms.

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Hi everyone,

Click here to access the interest rate tracker. It’s been updated so you can see the best rates offered among the various lending platforms. Also, please consider signing up to new platforms with the referral links offered by the moderator. He helps to maintain and update the excel spread sheet. I’m sure he’;; greatly appreciate it.

Notable Rate Changes

Crypto.com decided to heat up the competition by increasing a few of their rates. Assuming you have 500 MCO tokens staked and deposit your funds for 3 months, you’ll earn the following rates;

• ETH: 4.5% to 5.5%

• LTC: 4.5% to 5.5%

• XRP: 4.5% to 5.5%

• EOS: 4.5% to 7.5%

• ALGO: 4.5% to 6.5%

Celsius only made the following rate change. Given the recent price movement, traders are looking to enter margin positions. This increase in margin demand likely resulted in the rate going up.

• BSV: 6.29% to 8.58%

Bitrue has launched a new and improved mobile app. Moreover, they are planning to burn 100 million BTR tokens sometime next week. This comes just before their white paper 2.0 release. Personally, I’m looking forward to their DeFi integrations. Since their announcement the BTR token has gone up 27% plus . Meanwhile they’ve also removed a couple tokens from the lock ups.

• VET 10.2% removed from lock ups

• BTR 17.3% removed from lock ups

Bitrue @BitrueOfficial

BTR Burns are good, but how about a #BTRInferno!? 🔥 Next week we'll be burning 100,000,000 BTR from our team's locked reserves -10% of all $BTR that exists. It will motivate us to build great features which bring value to the remaining BTR. More info - bit.ly/2ZcC8iw

Argos Crypto @ArgosCrypto

.@CelsiusNetwork has just reached the huge milestone! 87% of all $CEL tokens in the circulation are held in the Celsius app! Imagine how many $CEL tokens is their team forced to buy from the exchanges to pay out the interest on our Celsius tokens. 😱 This is mega bullish.

Crypto.com @cryptocom

Increased interest rates for $EOS, $ETH, $XRP, $LTC & $BCH on Crypto Earn! 🔥 Earn up to 7.5% p.a. on #EOS, 5.5% p.a. on #ETH, #XRP, #LTC & #BCH, effective 9am UTC, 10 July 2020. Details: help.crypto.com/en/articles/29… #CryptoEarn

Ledger 20% OFF Promotion EXPIRES: 7/16/20

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