Access to Affordable Loans While Earning High Interest
- Start earning interest within 20 seconds after committing funds to the pool
- Funds are not locked. Withdraw anytime
- All loans are over-collateralized in smart contracts that monitor lending positions and will automatically liquidate in the event of a market risk
- Lend and Borrow at the same time. Draw up to 75% from your committed funding at any time.
Create a debt reserve & earn interest without hassle.
COMPARE DEFI MARKETS WITH TRADITIONAL SAVINGS ACCOUNT RATES:
*estimated earnings based on a deposit of €2,000
Earnings 12 mo*
Up to €7,700
Deposit & Withdraw anytime
- Make transfers with GBP, EUR or THB from your bank account to Everex wallet
- Swap to eMoney: DAI or USDC
- Add eMoney to Lending Protocol
- Start Earning Interest
- Withdraw Anytime. No commitment. No Minimums
*The DeFi Interest rate is variable. There are times where the interest rate on DeFi protocols is over 50x the average of a traditional bank account.
Earning Money with Lending Protocols
A decentralized lending protocol can be understood as an automated money market.
Decentralized lending protocols enable lenders to deposit their digital assets into a smart contract. The interest rate is variable and fluctuates between 6 and 14% APR*.
The contract then makes those funds available to hedge funds and margin trading pools willing to pay interest for access to liquidity (the digital assets supplied to the smart contract). Borrowers pledge cryptocurrency as collateral to borrow from these lending pools.
Your interest is calculated with each block mined on Ethereum blockchain. Available for withdrawal at any time. Borrowers repay loans with interest to redeem collaterals.
How Lending Protocols Work
*Please read legal disclaimer at the bottom of the page.
Earn High Interest With
What is Compound?
Compound is an algorithmic money market protocol on Ethereum that lets users earn interest or borrow assets against collateral. Anyone can supply assets to Compound’s liquidity pool and immediately begin earning continuously-compounding interest. Rates adjust automatically based on supply and demand.
Supplied asset balances are represented by cTokens: representations of the underlying asset that earn interest and serve as collateral. Users can borrow up to 50-75% of their cTokens’ value, depending on the quality of the underlying asset. Users can add or remove funds at any time, but if their debt becomes undercollateralized, anyone can liquidate; a 5% discount on liquidated assets serves as incentive for liquidators*.
How to Earn with Compound:
- Register with Everex wallet and pass verification process;
- Send us email and we will respond with step by step instructions;