PDAX’s Hold and Earn Campaign for $USDC, $USDT Raises from 10% to 11% Annual Yield

Starting November 11, 2024, to November 30, the Hold and Earn campaign of virtual asset service provider PDAX is offering an 11% annual yield for those users who ‌hold

Virtual asset service provider PDAX is kicking off its Hold and Earn campaign, offering an 11% annual yield for users who hold $USDT and $USDC during the period from November 11 to 30.

The significance: An increase in yields presents an enhanced opportunity for traders who prefer to hold tokens and lack the time to actively monitor the market.

PDAX’s Hold and Earn Campaign in a nutshell: The crypto exchange, which also offers tokenized bonds and supports an NFT marketplace, launched its Hold and Earn Campaign on July 1, 2024, with 10% annual interest on $USDC and $USDT tokens.

“The Hold & Earn Program is a rewards initiative where users can earn incentives based on the amount of tokens they hold on PDAX. It’s designed to reward users for their loyalty and long-term engagement. This allows us to provide a rewarding experience that meets the needs and interests of our community.”

How It Works: To calculate the daily rewards earned, it will be based on the minimum daily balance of the respective token in your wallet over a 24-hour period.

Must Read: In addition to PDAX, BitPinas has also compiled a list of platforms and applications that offer yield farming. The good news is that we update this list monthly!

This article was originally published in BitPinas: PDAX’s Hold and Earn Campaign for $USDC, $USDT Raises from 10% to 11% Annual Yield

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