Emirex DeFi is developed to provide users with the opportunity to earn income by investing in the most effective DeFi projects. However, users can get even more if they have EMRX tokens on the balance.
Last updated August 27, 2021
EMRX tokens can be used to increase your yield from Emirex DeFi Products. When you request investing in Emirex DeFi, you also need at least 50 EMRX tokens to lock up for investment activation, and you can lock up more EMRX tokens to increase your interest rate. The more EMRX tokens you lock up for the DeFi investment, the higher is the interest rate bonus to your earnings.
Example: You make a DeFi investment of 5000 USDT, and in 6 months your estimated return is 34%, which makes 1700 USDT. However, if you have locked up 1000 EMRX, your income gains a +10% interest rate bonus, which means you make 1870 USDT instead of 1700 USDT, which is 170 USDT (10%) more.
Things to know about EMRX tokens for DeFi investment:
- The interest rate bonus generated by already locked-up EMRX tokens is eligible for all investments made after EMRX tokens were locked up.
- Users can withdraw locked-up EMRX tokens anytime unless they are currently used for the DeFi investments made by the user. Locked-up tokens that are used for the active investments can be withdrawn only after closing that active investment.
- Tokens get locked up for Emirex DeFi and generate an interest rate bonus for the investments only after the user’s request to lock up them for DeFi.