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Earning via Rewards

Earn SMARTCREDIT token rewards on SmartCredit.io by borrowing, lending, staking, or referring users. Reward rates update dynamically based on protocol usage and staking participation.

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Key Takeaways

  • SmartCredit.io distributes SMARTCREDIT token rewards weekly to borrowers, lenders, and stakers.
  • Borrowing and staking SMARTCREDIT rewards can reach approximately 15% APY after interest costs; lending and staking combined can reach approximately 33% APY.
  • The highest-yield strategy (borrow, buy SMARTCREDIT, earn and stake bonus rewards) targets approximately 55-60% APY.
  • Staking alone earns approximately 40-80% APY depending on the proportion of token holders who stake.
  • All rewards are claimable via "My Rewards" on smartcredit.io.

Reward specific use cases

  • Strategy 1: Borrow, earn weekly bonus rewards, and stake weekly bonus rewards - results in circa 15% APY after interest payment.
  • Strategy 2: Lend, earn weekly bonus rewards, and stake weekly bonus rewards - results in circa 33% APY. Here is the video walkthrough.
  • Strategy 3: Borrow, buy SMARTCREDIT, earn weekly bonus rewards, and stake weekly bonus rewards - results in circa 55%–60% APY. Here is the video walkthrough.
  • Strategy 4: Monetize collateral via borrowing, buy SMARTCREDIT, earn weekly bonus rewards, stake SMARTCREDIT incl. weekly bonus rewards - results in circa 17%–21% APY. Here is the video walkthrough.
  • Strategy 5: Borrow, pay interest, and earn SMARTCREDIT bonus rewards for borrowing (10–20% APY).
  • Strategy 6: Lend, earn interest, and earn SMARTCREDIT bonus rewards for lending (25% APY).
  • Strategy 7: Stake SMARTCREDIT and earn staking rewards (40%–80% APY). Here is the video walkthrough.

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