Gluwa Product Updates: Jenfi & sUSDC-G

This product update shares important two important updates for Investor DAO members. User action may be required.

Gluwa Product Updates: Jenfi & sUSDC-G

We have two product updates to share with the Gluwa community. If you’re a user of either or both, action is required from your end, so please review the applicable sections below.

Jenfi Investment Maturation

Congratulations to Jenfi’s investors who have earned 19.04% APR over the last year, totaling $95,200 in USDC yield paid out!

As of February 10, 2024, the Jenfi investment opportunity officially matured. The repayment date and time is February 16, 2024 at 7:00 PM EST — we recommend you withdraw your funds once it unlocks. If you do not complete your withdrawal by February 28, 2024, funds will automatically be withdrawn to the wallet address on file.

ACTION REQUIRED: Please check your Gluwa Invest account to initiate your withdrawal.

Decommissioning of sUSDC-G Token

As part of our ongoing effort to streamline user experience, the sUSDC-G token will begin its decommission. While the effective end date is still to be determined, we strongly encourage users to swap their tokens for USDC as soon as possible.

ACTION: To initiate the withdrawal and swap to USDC (ERC20) or CTC (ERC-20) aka G-CRE, please follow the swap instructions here.

🖇️ Use the official swap link here.

Thank you all for being valuable Gluwa Invest users!

About Gluwa

Gluwa is an Open Finance platform, connecting capital from developed markets to emerging market lending opportunities using blockchain technology. By providing the decentralized infrastructure rails to raise and disburse capital anywhere in the world, and securing immutable credit data on Creditcoin, Gluwa is empowering a new generation of users with the economic tools, information and accessibility they need to thrive, redefining the way we think about global capital markets.

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