Xend Finance
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Xend Finance

XEND FINANCE LAUNCHES STAKING PROGRAM WITH DEFICLIQ

We are delighted to partner with DefiCliq to enable investors to participate in time-based staking programs with significant yields.

It means you can stake $XEND and earn more $XEND. This opens up another opportunity to get $XEND tokens alongside our farming pool on PancakeSwap and pre-staking service on AscendEX (formerly BitMax).

To start staking $XEND, click here: https://www.deficliq.com/xend-staking/.

With this partnership, Xend Finance users will be able to participate in different staking pools, with higher returns for stakes with a longer time period.

The staking system also allows users the flexibility of joining a preferred pool and redeeming their tokens at any time, albeit at a cost. Users can receive the maximum rewards when they hold till full maturity.

Each staking pool has a maturity date, and users would know exactly when they would receive the maximum rewards.

$XEND Staking Pools

$XEND has three staking pools including Silver (1 month), Gold (2 months), and Platinum (3 months) with varying reward terms.

Silver Pool

Rewards: 7% APY

Full Maturity: 1 Month

Can Unstake: 15 Days

Early Unstake Penalty: 50% of rewards

Gold Pool

Rewards: 11% APY

Full Maturity: 2 Month

Can Unstake: 1 Month

Early Unstake Penalty: 35% of rewards

Platinum Pool

Rewards: 15% APY

Full Maturity: 3 Month

Can Unstake: 2 Month

Early Unstake Penalty: 25% of rewards

Users can stake $XEND in all of the three pools above. To start staking, visit https://www.deficliq.com/xend-staking/

Note: For now, you can only connect your Binance Smart Chain Wallet to stake. Support for Metamask and other digital wallets are coming in a few days.

About Xend Finance

Xend Finance provides the tools and platform for a decentralized financial credit union, regardless of geographic location and home country currency. Members can earn multiple levels of interests on their savings by seamlessly exchanging their crypto or fiat currency to stable cryptocurrencies and staking — the process of locking up crypto assets to earn yields — on lending platforms so members can earn compound interest on their money. The Xend Finance platform is the first decentralized finance (DeFi) credit union in the world.

Follow Xend Finance via official channels:

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About DefiCliq

DefiCliq is the first company to provide both collateralized and uncollateralized loans that, too in both p2p and traditional ways, with more features like DAO (off-chain governance), staking, interoperability in one place as a Polkadot Substrate Project, thus becoming a leading competitor in the fintech space. Learn more about DefiCliq on their website, Twitter and Medium.

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Feranmi Akeredolu

Feranmi Akeredolu

Creative and knowledge brand interested in finance and tech.