Enjoy an extra 5% APR on up to 50,000 USDC deposited into Simple Earn during the campaign.
Click on "Join now" to participate. Users in restricted jurisdictions cannot participate in this campaign.
Head over to USDC Simple Earn and subscribe incremental USDC
During this campaign, you can earn an extra 5% APR for up to 50,000 USDC that you deposit on Simple Earn, as long as it exceeds the amount you deposited before the campaign started. Please note that the bonus APR only applies to your incremental USDC balance, which is USDC deposited during the campaign period.
Incremental USDC balance = Total USDC on Simple Earn - Initial USDC on Simple Earn
"Initial USDC on Simple Earn" refers to the amount of USDC deposited in Simple Earn on the initial snapshot date, which is on January 29, 2024, 08:00 UTC.
If you withdraw any USDC from Simple Earn during the campaign period, your incremental USDC balance will decrease accordingly.
The additional 5% APR applies to both Tier 1 (0 to 1,000 USDC) and Tier 2 (Over 1,000 USDC) Simple Earn subscriptions. The rewards from the additional 5% APR will be accrued and distributed to your Simple Earn USDC subscription once every two weeks. Rewards will be accrued from Monday to Sunday, and distributed by Wednesday the week after.
Any USDC deposited beyond the 50,000 USDC cap will earn the standard market rate APR.