Deposit any Afreum token, such as AFR, AFRX, ANGN, or SNGN, into Afreum Save for periods of 30 DAYS, 90 DAYS, or 180 DAYS to earn up to 12% APY.
Boost your
APY (Interest) with a higher
Loyalty Tier, and earn
APY BOOST of up to an additional
2% APY, and down to
ZERO WITHDRAWAL FEES for each deposit period.
Three
Loyalty Tiers are based on the value of
AFRX tokens in your portfolio relative to other
Afreum tokens, such as
AFR,
AFRX,
ANGN, and
SNGN.
Loyalty Tiers are determined dynamically as follows: 1.
BRONZE TIER (AFRX weight less than 10%). 2.
GOLD TIER (AFRX weight between 10-25%). 3.
VIBRANIUM TIER (AFRX weight greater than 25%).
AFRX Weight is calculated as ((USD VALUE OF AFRX IN PORTFOLIO / USD VALUE OF OTHER AFREUM TOKENS IN PORTFOLIO) * 100). Portfolio refers to token balances in any Stellar Wallet, Afreum Save, and liquidity pool shares.
APY BOOST depends on your
Loyalty Tier at deposit time, and range from
0-2% depending on the deposit token.
APY BOOST and
ZERO FEES increase earnings.
Interest APY and APY BOOSTS are paid in the deposit token, with the exception of Fiat Tokens, where rewards are paid entirely in AFRX tokens. Afreum does not invest any deposited tokens, including fiat token USDC reserves.
Withdrawal Fees are applied on total reward (excluding the initial deposit) at withdrawal time at 1% (BRONZE TIER), 0.5% (GOLD TIER), and 0% (VIBRANIUM TIER).
All Withdrawal Fees, including other fees collected across the Afreum Ecosystem are (BURNED) at the time of collection, introducing a unique deflationary aspect to all Afreum tokens.
APY and
APY BOOST rewards are subject to token availability in the
Afreum DAO Wallet at the time of calculation. Once tokens are distributed no more
Bonus APY will be distributed.
Afreum does not make any warranties or guarantees in relation to the Afreum Save product as per our Terms of Service. While the developers have taken appropriate measures to minimize risks relating to Smart Contracts and Web 3 applications, the developers, and any individuals or entities associated with the Afreum project, shall be indemnified and held harmless from any and all claims, losses, damages, or liabilities arising out of or related to the use of the project, its services, or any associated transactions, to the fullest extent permitted by law.
