Economics for lender
ICP holders looking for higher yield and shorter lock up than staking ICP
Last updated
ICP holders looking for higher yield and shorter lock up than staking ICP
Last updated
User decides how long to lend out their ICP for. The longer the lock up period, the higher the share of interest received in the form of multiplier of d.ICP. Lockup period from 0 days to 24 weeks.
The way the multiplier works is that for every 1 ICP deposited, the longer the lockup you receive up to 1.6x share of interest for a lockup period of 24 weeks (6months).
There is an early withdrawl fee based on days remaining x 5%.
