- FINblox offers up to 90% annual interest to its users if they deposit their AXS signals on the platform.
- AXS is earning nine times more interest than the next highest earning cryptocurrency, USD Coin at 10 percent APY.
For most cryptocurrency enthusiasts, money comes from buying low and selling high. However, in recent years many other avenues have opened up, from DeFi to NFT. And now, Axie Infinity token holders can earn up to 90% annual interest simply by depositing their tokens with a Hong Kong-based digital asset investment platform.
Finblox is an investment platform that pays the annual return of six digital currencies to more than 15,000 users without the need for any type of block. The lowest performance is Ethereum and Bitcoin, for which you pay 3%. On Avalanche and Solana, you pay 8 percent and on USD Coin, you pay 10 percent APY.
When it comes to Axie Infinity signals, Finblox breaks the bank and pays out a whopping 90 percent huge APY. It generates this return through activities such as lending the asset to financial institutions for use in leverage or even to other trusted partners in the DeFi space.
Axie Infinity is now one of the largest players in the growing blockchain gaming world. With a market capitalization of more than $ 4.6 billion, it is the third most gaming – related cryptocurrency, behind MANA Decentraland and The Sandbox (SAND).
Over the past year, AXS has grown from just $ 0.5 to today’s trading at over $ 76, a 15,000% increase. At the height of the cryptocurrency boom, in November last year, it set a new record price of $ 165.
Peter Hoang, co-founder of Finblox, said:
Axie Infinity brought cryptocurrency gaming into the mainstream and created a new way to convert time into money through «play to win» mechanics.
Peter Finblox founded after leaving his role as founder and CEO of Gotrade, a zero-stock trading app that has become quite popular in Southeast Asia. He teamed up with Dmitriy Paunin, a former CTO of Coins.ph, a Philippine cryptocurrency exchange that, with 16 million customers, is the largest in the region.
Finblox has been a huge success since its launch. In December last year, it received seven – digit funding from leading investors including Sequoia Capital and MSA Capital.
At the time, Peter said:
Our vision is to help the next 1 billion people create their wealth with cryptocurrencies. What we can offer is stability with more consistent rates and no lock – in periods associated with other DeFi platforms. Our main goal is to build an accessible and modern product that helps our users accumulate long-term wealth and build the financial building blocks for their future.
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