Overview of the New Tiered Rewards System
Crypto Earn is introducing a tiered rewards rate structure for fixed-term allocations, effective April 4, 2022, at 10:00 UTC. This update aims to provide competitive yields for over 40 supported tokens while offering higher rewards for select cryptocurrencies.
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Key Changes in the Reward Structure
Tiered Rates Based on Allocation Value
- Tier 1: Full rewards rates apply to fixed-term allocations โค $30,000 USD.
- Tier 2: Allocations exceeding $30,000 USD earn 50% of the full rate.
Flexible vs. Fixed Terms
- Flexible-term allocations are excluded from the tier calculation.
- Existing fixed-term allocations count toward the $30,000 Tier 1 quota but retain their original rates.
Token-Specific Rate Adjustments
- Updated rates for LUNA, EGLD, ATOM, ETH, BTC, and stablecoins took effect March 26, 2022.
- DOT and MATIC rates changed on April 4, 2022.
How to Optimize Your Earnings
| Strategy | Benefit | Requirement |
|---|---|---|
| Stake CRO | Higher base rates | Minimum CRO balance |
| Private Membership | +2% p.a. on fixed terms | Crypto.com Private tier |
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FAQs: Addressing Common Queries
Q: Will my existing fixed-term allocations be affected?
A: No, but their value counts toward your Tier 1 quota. New allocations follow the tiered structure.
Q: Do flexible terms have tiered rates?
A: No. Only 1-month and 3-month fixed terms are subject to tiers.
Q: How are rewards calculated for Tier 2?
A: The portion above $30,000 earns 0.5x the full rate (e.g., $40,000 allocation = $30,000 at full rate + $10,000 at 50%).
Q: Are stablecoin rates changing?
A: Yes, refer to the updated FAQ for revised APYs.
Final Notes
- No changes to term durations (Flexible/1M/3M).
- Private members retain their +2% CRO bonus on fixed terms.