Dear Nami Community,
In order to provide more financial service products to serve a variety of user needs, Nami Exchange has officially provided Nami Lending loan service and Nami Earn staking utility from 2023-10-31 09:00 (UTC).
What is Nami Lending?
Nami Lending is a financial product that gives users the option to borrow digital assets using another asset as collateral. Borrowed assets can be used to trade on the market or withdrawn from the exchange to serve a variety of user purposes.
The list of assets to support collateral and loans and their correspondent interest rate depends on Nami Exchange's designation from time to time. The amount of assets that can be borrowed depends on the value of the collateral, based on the LTV (loan-to-value) index - percentage between loan value and collateral value
Steps to create a loan with Nami Lending
The following is a preliminary description of the steps to complete loan registration with Nami Lending. For detailed instructions, please read here:
(Tips: Users can always pay the loan early in part or in full without additional fees)
Illustration of the 0.1 BTC collateral loan interface to borrow 2,252 USDT with a 7-day term interest of 7.9992 USDT
What is Nami Earn?
Nami Earn is a utility that helps users optimize profits with the amount of idle digital assets by receiving passive rewards through depositing digital assets into Nami Earn packages. Each of these Earn packages will have different terms and reward rates. The list of digital assets supported and theirs APR at Nami Earn will be updated from time to time.
Steps to register for a Nami Earn Pool
The following is a brief description of the steps to complete the registration for Pool Nami Earn. For detailed instructions, please read here:
(Tips: Users can always withdraw assets from Pool Nami Earn before maturity, however all rewards received from Pool Nami Earn will be deducted from the amount of assets deposited in the Pool)
Illustration of the 120-day term Pool Nami Earn Stake BNB interface with Pool deposit amount of 100 BNB and expected reward of 0.68 BNB:
More information:
Note: Nami reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice.
Risk Warning: Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Nami is not liable for any losses that might arise from your investment. This information should not be regarded as financial or investment advice.
About Nami Exchange
Nami Exchange is a trading platform belonging to the Nami Foundation ecosystem that enables dynamic trading and effective investing through its Spot and Futures trading systems, which offer a wide selection of nearly 1,000 trading pairs, support leverage up to x125, and 24/7 live support in Vietnamese & English.
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