Onomy Protocol (NOM) Savings is UP! Subscribe & Earn up to 100% APR!
Bitget
2023-04-03 10:01
We're excited to announce that Bitget Earn has launched special Flexible Savings products for Onomy Protocol (NOM). Subscribe to NOM Savings and enjoy up to 100% APR. Spots are limited, so don't miss out!
Event period: April 3, 10 AM - April 5, 10 AM (UTC)
*The subscription access will be terminated after March 5, 10 AM (UTC). Users will not be able to subscribe after the deadline.
Interest period: April 4 - April 10 (UTC)
*After subscribing, interest will be calculated from the next day (D+1) and distributed on the day after (D+2).
| Asset |
Term |
Subscription Amount |
APR |
| NOM |
Flexible |
5 - 100 NOM |
100% |
| Flexible |
100 - 300 NOM |
5% |
|
| Flexible |
> 300 NOM |
2% |
Introduction
NOM is used to secure the Onomy Network through Proof-of-Stake that provides rewards for staking NOM over time through delegation or becoming a validator for the Network.
Reminders
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Users can view and manage Flexible Savings assets by going to Assets > Earn > Savings.
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Once subscribed, interest will be calculated from the next day (D+1).
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Daily interest will be calculated using the following formula: est. Daily interest = Subscription amount x Est. APR / 365
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Redemption: users can redeem their funds via the Redeem button at any time the day after they subscribe (D+1). The principal will be returned to the user's spot account shortly after.
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Users can enable or disable Auto Transfer on the Subscription Confirmation page.
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Have questions? Check out the Bitget Flexible Savings User Guide for more details.
Disclaimer
Cryptocurrencies are subject to high market risk and volatility despite high growth potential. Users are strongly advised to do their own research and invest at their own risk.
Thank you for your interest in Bitget products!