Choise.com Launches the First Ever NFT Interest Accounts
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MetaFi platform Choise.com is excited to announce the launch of a new product, NFT Interest Accounts, which is the first of its kind. Users can now mint tokens to receive an NFT with the interest account characteristics.
Choise.com is a cutting-edge cryptocurrency platform that combines the benefits of centralized and decentralized finance services into a single system. It is set on the goal of creating a bridge between the user bases of CeFi and DeFi, making it much easier for users to learn about and utilize DeFi products for a chance at greater gains.
To advance their efforts in the NFT industry, Choise.com is launching the first product of its kind, NFT Interest Accounts. With this new service, users can now open interest accounts in DAI, USDT, USDC, and CHO and receive up to 26% APY.
Then, all they need to do is mint a token to receive an NFT with the interest account characteristics. When the interest account term reaches its end, Choise.com exchanges the users' NFT for the amount that was locked in the account plus the accrued interest.
Users need to connect their MetaMask wallet to the Choise.com platform, select a coin, the amount to be locked, and the term. After they click the "mint" button, the platform writes off the interest account amount, and the user receives their exclusive NFT with the characteristics of their account.
Notably, assets can be locked for either 12 or 24 months, with users getting their interest at the end of the term. The stipulated deposit periods and APY, respectively, are as follows:
Duration (months) 12 24
USDT/USDC (APY) 15% 16%
DAI (APY) 15%
CHO (APY) 20% 25%
There is also a convenient
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