The Chainge Earn Program is live on Koinos

Chainge
5 min readAug 23, 2024

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We’re thrilled to announce that the Earn Module has expanded to the Koinos chain, offering users an effortless way to grow their crypto assets simply by holding them on Koinos. No lock-ups, no minimum holding periods — full ownership & flexibility + highly competitive APYs. With the Koinos Earn program, you can instantly start earning rewards on your BTC, ETH and USDT holdings.

Why Earn on Koinos with Chainge?

In the rapidly evolving world of DeFi, finding safe and lucrative opportunities to grow your assets can be challenging. The Chainge Earn module offers a seamless solution by allowing you to earn rewards on popular assets with daily claimable APYs. Whether you’re a seasoned trader or just starting, this feature is designed to maximize your returns while keeping you in full control of your assets.

APYs for Koinos Across Multiple Assets

  • BTC: 8.2% APY
    Rewards are disbursed equally between $BTC and $KOIN.
  • ETH: 10.4% APY
    Rewards are disbursed equally between $ETH and $KOIN.
  • USDT: 16.24% APY
    Rewards are disbursed equally between $USDT and $KOIN.

⚠️ Note: All APY rewards are distributed daily on the Koinos chain.

How to Start Earning:

In a nutshell: Hold BTC, USDT or ETH on Koinos chain.

  1. You can bridge (or cross-chain swap) BTC, ETH or USDT to the Koinos destination chain using dapp.chainge.finance
  2. If you already have any of these currencies on Koinos, whether received from other sources or previously held, simply continue holding them

Minimum Amounts Required to Earn Rewards:

USDT: Rewards are earned on amounts exceeding 100 USDT
BTC: Rewards are earned on amounts exceeding 0.0025 BTC
ETH: Rewards are earned on amounts exceeding 0.05 ETH

Program Objective: Increase Total Value Locked (TVL) on the Koinos chain by holding BTC, ETH and USDT on Koinos.

Rewards Collection:

  • Accrual & Availability: Rewards accrue daily and can be claimed at any time. The APY in KOIN is provided by the Koinos Group and deposited into a designated KOIN rewards vault. This setup allows for the double APY benefit. These rewards are refilled on a daily basis and will be claimed by users on a first-come, first-served basis.
  • Depletion Notice: If the KOIN rewards vault is depleted, you can either wait until the next day to claim the full amount (USDT/BTC/ETH + KOIN) or choose to claim only the rewards in USDT/BTC/ETH immediately, forfeiting the KOIN rewards.

*Note: In very rare instances, two users might attempt to collect rewards at the exact same time when the remaining KOIN rewards are only sufficient for one. In this case, only one of the users will receive the KOIN rewards.

Claiming Your Rewards

Rewards accrue daily and can be claimed anytime. To claim your rewards, visit the Chainge Earn Dashboard page and click the claim button for each supported token.
Example: You bridge 1000 USDT from any supported chain (such as Ethereum, Solana, Tron, Arbitrum, Linea, BASE, BSC, etc.) to Koinos. Once on Koinos, you will have approximately 999.4 USDT in your address after a 0.06% bridging fee (excluding gas fees). Based on the Chainge 8.12% APY for USDT, the daily claimable rewards will be 999.4 USDT x 0.0812 / 365 = 0.22233227 USDT. Additionally, you will receive an equivalent amount in $KOIN rewards if available (bringing the total to a 16.24% APY)
You can claim these rewards daily. When claiming, you will receive the USDT amount instantly, along with the KOIN rewards if the KOIN rewards vault is not yet depleted.

You can bridge out yout USDT to any other chain (such as Solana, Tron, Ethereum, Arbitrum, Linea, Optimism, BASE, etc.) at any time, at which point the earnings will cease. Additionally, you can transfer your USDT on Koinos to another person at any time, which will stop your earnings and transfer the earning potential to the recipient.

Wallet Management: To access and manage your earnings on Koinos, ensure that your connected wallet is Kondor. Using a compatible wallet is crucial for accessing and managing your assets and KOIN rewards effectively.

General Notes

  • The rewards accumulate over time, giving you the flexibility to collect them at any interval that fits your preference. However, we do encourage users to claim daily so they have a better opportunity to collect both parts of the APY.
  • Keep track of your asset balances to ensure you meet the minimum thresholds for earning

Start Earning Today

With the Earn module now live on Koinos, there’s no better time to start growing your crypto assets. Visit dapp.chainge.finance/earn?chain=KOIN to explore this new program and begin earning rewards on your assets today!

About Koinos:

Koinos is the world’s first fee-less smart contract platform, launched on November 5th, 2022, with a unique proof-of-burn consensus algorithm. Thanks to its “Mana system,” users can interact with the blockchain without paying gas fees — $KOIN is automatically locked and unlocks over time, creating a seamless, game-like experience. Koinos also supports forkless upgrades and allows developers to use familiar languages like TypeScript and C++. To learn more visit koinos.io

About Chainge:

Chainge is a leading decentralized cross-chain liquidity aggregator and bridge infrastructure provider, offering seamless interoperable trading across 60+ blockchains. With over $1 billion in cumulative trading volume, Chainge aims to empowers users with AI-driven trading for any token on any chain. Its architecture optimizes swap paths for the best rates and fast transactions, catering to both novice and experienced traders. To learn more, visit chainge.finance or experience the future of trading firsthand at dapp.chainge.finance.

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