# FINSWAP — The Most Convenient Fixed Term Stablecoin Staking

**Published by:** [FINX GLOBAL](https://paragraph.com/@finx-global/)
**Published on:** 2022-11-09
**URL:** https://paragraph.com/@finx-global/finswap-the-most-convenient-fixed-term-stablecoin-staking

## Content

Introduction of Stablecoin StakingTo understand what stablecoin staking is, let’s review the meaning of staking. Staking is an act of depositing your coins into an exchange for a set period of time in order to earn interest. Despite its advantages, there are specific risks that come with staking, mainly due to the volatility of cryptocurrency prices and the market price. Hence why more people are opting for stablecoin staking instead. To eliminate the high risk that comes with the volatility of cryptocurrencies, the safer option is to opt for stablecoin staking which is the process of depositing stablecoins that are more — as the name says — stable. According to current research, the top stablecoin that is preferred to use are ones that are staked against the US Dollar due to its high liquidity. These coins include Tether (USDT), USD Coin (USDC), and BinanceUSD (BUSD). All three of these coins are heavily traded and audited.An Introduction to FINSWAP stablecoinFINSWAP is one of the fastest growing stablecoin staking platform that provides the highest APR return, which is as high as 17%, and FINSWAP focuses on USDT as the main stablecoin. Below is the breakdown of FINSWAP USDT Staking rate. To begin with, FINSWAP is offering 3 types of staking :12% APR when you stake for 4 months lock period,15% APR when you stake for 8 months lock period,17% APR when you stake for 12 months lock period.To top it off, a lot of stablecoin staking platforms are not user-friendly — where users would need to swap a couple of times to get relevant coins (EG: xUSD, fUSD etc) before being able to stake. To reduce the extra steps and promote the better user experience, FINSWAP staking can be easily done with just one click.Additionally, users who keep hold of their USDT for a longer term will benefit from fixed-term staking which offers the natural path to maximize yield and generate more tokens. By choosing a longer period to lock your USDT in the pool, users get to enjoy a boosted APR compared to flexible staking. Not enough reason to get you to stake? Here’s another good reason. As you know, it is currently bear market as the majority are still afraid of the uncertainties surrounding cryptocurrency. So while the market is still in bear, staking on FINSWAP is a good way to utilise your stablecoin while waiting for the right project to invest in!FINSWAP MechanismNow some of you might ask, how does FINSWAP able to pay high stablecoin APR rates? To put it simple, FINX invests the deposits and earns even bigger returns, in part by lending cryptocurrency to traders, who are willing to pay high rates to use it to leverage their business. In short, the main way we generate these rates is by lending assets to institutions or others required partners, and passing on the returns to investors. FINSWAP is also able to offer the industry’s higher rates on stablecoins because of the increased demand for such digital assets. We generate our revenue through the retail, institutional & open finance lending and consistently gives back a portion of our total revenue back to the community of crypto holders. Users can now swap other digital assets to USDT using FINSWAP and immediately start earning interest with it. FINSWAP deals directly with our customers and pay them interest using specific smart contract, rather than an intermediary, that manages borrowing and lending, and interest payments.Upcoming Features for FINSWAPInitial NFTs Offering (INO):INO is NFT assets from different projects available exclusively on FINX NFT Marketplace. The collections can launch either via auction, flat rate sales, or mystery boxes. INOs can be conducted over several rounds, offering a different number of assets each round with a tiered price structure. Through INO, users can enjoy early access to exclusive NFTs from different projects. 2. NFTs Marketplace Our web-based marketplace will be a crucial part of the FINX ecosystem. The marketplace will allow the users to buy, sell, and trade NFTs. Our NFTs Marketplace also supports personalized profiles for users. These profiles allow you to choose your own name and choose from NFT profile images you’ve collected to use as your profile’s display picture. 3. Launchpad FINX Launchpad is a token launch platform that gives investors early access to new and pre-listed tokens from promising projects. Users can commit a certain amount of FINX Tokens toward each new project and earn new tokens. 4. Farm Yield Farming in FINX Farms is a great way to earn FINX Tokens on FINSWAP. FINX Farms require you to stake two tokens to get LP Tokens, which you then stake in the Farm to earn rewards. This lets you earn FINX Tokens while still keeping a position in your other tokens!ConclusionIn shorts, FINSWAP is one of the most convenient stablecoin staking platform that provides competitive APR with a lock up period. Users can not only get to enjoy as high as 17% APR, while the crypto price volatility is also removed with the use of stablecoin as main staking pool. Take this opportunity to earn interest with your USDT while we are still in the bear market and invest with extra money once the bull is back! Start here: http://app.finx.global/poolsAbout FINX GLOBALFINX is the future of finance. We aim to promote digital asset payments into the financial system and accelerate the paradigm shift to seamless digital payments that are accepted globally. As a result, FINX streamlines the intensive process of converting digital assets to fiat currencies by providing a global platform that enables anyone from anywhere across the world to seamlessly transact and participate in the world of digital assets conveniently and faster than before. This ultimate vision is to help the world to better understand cryptocurrencies and digital assets and fuel mass adoption.** Social Media & Communities** Website: https://finx.global/ Discord: https://discord.gg/finxglobal Twitter: https://twitter.com/FINXSupport Whitepaper: https://finx-tech.gitbook.io/finx-global/about-finx-global/vision

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