Dezy Brings You Supercharged XSGD Yields
We promised you something special for XSGD and Dezy is thrilled to bring you what will be amongst the highest XSGD denominated returns in the market!
Effective from 00:00 UTC on Feb 1 2023 all deposits into the USDC:XSGD Fuel The Market strategy via Dezy will be incentivised with an additional 3% annualised return on funds added to the XSGD side of the pool.
How does that work?
Alongside the base yield you are generating, you will now make an additional 3% annualised on your XSGD making this amongst if not the most profitable DeFi yield opportunities for XSGD holders.
To break that down for everyone, lets take an example deposit of $1000.
That amount is split across the USDC and XSGD side of the pool.
You are generating the listed annualised yield on your entire deposit. The 3% annualised yield is being calculated additionally on the XSGD side of the deposit.
So in the case of a $1000 deposit, that would be 9.66% (at the time of this writing) calculated across all funds deposited with an additional 3% calculated on the amount placed into the XSGD side of the pool.
Feel free to dive deeper by visiting our FAQ on the topic.
Nice. When?
Now! As of 00:00 UTC Feb 1 for all existing and new deposits.
You can expect to find your additional yield paid out to you as a reward under your Overview Dashboard within the Dezy dApp.
Rewards will be paid out no later than the 15th of the month for the previous month (IE: March 15 for February).
Thank you to the real MVP
We’re grateful to StraitsX for supporting us in offering this opportunity to our users! The team has been immensely collaborative with us since Day 1 and we remain eager to continue supporting the further adoption as well as liquidity depth of XSGD.
Keep your eyes peeled! We’re starting with the USDC:XSGD Fuel The Market strategy but maybe we’ll find additional fund things to do with XSGD in the near future :)
Don’t forget that all deposits into Dezy will currently be eligible for our NFT Giveaway and Gas Reimbursement campaigns.
