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How is 4% APY possible?
When you subscribe to Stablecoin Earn Plus, you <b>deposit USDC on the Base network into the Aave protocol</b>. This is then lent out to borrowers who pay you interest, while Bitget Wallet adds a percentage bonus on top of it.
When you subscribe to Stablecoin Earn Plus, you <b>deposit USDC on the Base network into the Aave protocol</b>. This is then lent out to borrowers who pay you interest, while Bitget Wallet adds a percentage bonus on top of it.
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How much must I invest?
You can invest any amount from $1 and above.
<b>First 30 days (for your first subscription)</b>:
- From $1–$1000: 4% APY
- Amounts above $1000: ～2.3% APY (based on real-time Aave interest)
<b>After 30 days</b>:
- All subscription amounts default back to ~2.3% APY (based on real-time Aave interest)
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Does interest start accruing immediately?
Yes. Interest starts accruing, and can be redeemed, in real time.
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Do I get the bonus interest if I buy the same protocol’s product somewhere else?
<b>Only Bitget Wallet's "Stablecoin Earn Plus" offers the 4% boosted APY.</b> If you subscribe to Aave V3 on the Base chain through other channels, you will only receive the lower protocol earnings.
