TokenBaby Posted January 18, 2019 Share Posted January 18, 2019 (edited) https://uphold.com/en/apps/app/credearn CredEarn is currently available to Uphold members outside the United States. The Cred team is working to make this product available to the U.S. market in the coming months. You must have an Uphold account to access CredEarn. Edited January 18, 2019 by TokenBaby Donkey and XRPwinning 2 Link to comment Share on other sites More sharing options...
Donkey Posted January 18, 2019 Share Posted January 18, 2019 7 minutes ago, TokenBaby said: https://uphold.com/en/apps/app/credearn CredEarn is currently available to Uphold members outside the United States. The Cred team is working to make this product available to the U.S. market in the coming months. You must have an Uphold account to access CredEarn. This looks interesting but I have a few questions, not sure if you are able to answer. 1. How do they use the loaned digital assets to generate revenue and pay for the interest? 2. Do they lend the DAs to short-sellers who will then borrow them to short-sell the market? 3. What kind of risks will the participants bear in such an arrangement? 4. Will the interest be paid in the DA equivalent or in fiat? 5. Can we construe the difference in projected interest rates across the DAs as an indication of the pricing pressures that are applied to the respective DAs? Sharkey and retryW 1 1 Link to comment Share on other sites More sharing options...
Guest Posted January 18, 2019 Share Posted January 18, 2019 (edited) 6. Is this in the wrong section? Apparently it was. Now that this has been moved I'm comfortable saying this without it sounding like I'm trying to shill. Truth is I'm straight up shilling! I frigging love Uphold! And I'm sitting on some LBA so feel free to buy the living crap out of it! Edited January 18, 2019 by Guest Link to comment Share on other sites More sharing options...
KarmaCoverage Posted January 18, 2019 Share Posted January 18, 2019 46 minutes ago, Cobalt said: This looks interesting but I have a few questions, not sure if you are able to answer I've been looking, signed up for their early access. Still no details, I cant tell how they are doing this. I think they have their own "coin" in conjunction with some other players. Not sure how that is built into the service's design? I have ideas of how, but no real way to tell which methods are being used. If anyone finds actual details, please share. Donkey 1 Link to comment Share on other sites More sharing options...
princesultan Posted January 18, 2019 Share Posted January 18, 2019 (edited) Do they insure holdings held on exchange? This could be interesting... Edited January 18, 2019 by princesultan Link to comment Share on other sites More sharing options...
Tehol_Beddict Posted January 18, 2019 Share Posted January 18, 2019 8 minutes ago, princesultan said: Do they insure holdings held on exchange? This could be interesting... If it’s insured - verifiably, legitimately, completely insured - this would be very interesting. I doubt this is the case, therefore can’t risk leaving XRP sitting on an exchange no matter how much I trust uphold. Donkey, ZerpAndFlurp, Sharkey and 3 others 6 Link to comment Share on other sites More sharing options...
LeGonze Posted January 18, 2019 Share Posted January 18, 2019 I just signed up... Here you have some FAQs... Just click on the FAQ Link... https://uphold.com/en/credearn Donkey 1 Link to comment Share on other sites More sharing options...
LeGonze Posted January 18, 2019 Share Posted January 18, 2019 1 hour ago, Cobalt said: 4. Will the interest be paid in the DA equivalent or in fiat? For what it says... They pay your interest in Fiat or Stablecoin... 15 minutes ago, princesultan said: Do they insure holdings held on exchange? This could be interesting... This is what they say Quote Is CredEarn FDIC insured? Cred is not a bank and the CredEarn product is not FDIC insured. princesultan and Donkey 1 1 Link to comment Share on other sites More sharing options...
princesultan Posted January 18, 2019 Share Posted January 18, 2019 5 minutes ago, LeGonze said: For what it says... They pay your interest in Fiat or Stablecoin... This is what they say That settles that for me. Not worth the risk. Tripple, LeGonze and QuantumOfSolace 3 Link to comment Share on other sites More sharing options...
Donkey Posted January 18, 2019 Share Posted January 18, 2019 11 minutes ago, LeGonze said: I just signed up... Here you have some FAQs... Just click on the FAQ Link... https://uphold.com/en/credearn Thanks! The direct link to the FAQs: https://uphold-earn.mycred.io/static/earn/files/CredEarnFAQ.pdf LeGonze 1 Link to comment Share on other sites More sharing options...
LeGonze Posted January 18, 2019 Share Posted January 18, 2019 Just now, Cobalt said: Thanks! The direct link to the FAQs: https://uphold-earn.mycred.io/static/earn/files/CredEarnFAQ.pdf I couldn't copy that one for some reason... Donkey 1 Link to comment Share on other sites More sharing options...
TokenBaby Posted January 18, 2019 Author Share Posted January 18, 2019 (edited) More info... https://medium.com/@universalprotocol/earn-more-on-your-digital-assets-with-credearn-21e4dad0e645 and... Edited January 18, 2019 by TokenBaby Donkey 1 Link to comment Share on other sites More sharing options...
BrownBear Posted January 18, 2019 Share Posted January 18, 2019 42 minutes ago, princesultan said: Do they insure holdings held on exchange? This could be interesting... Uloveme 1 Link to comment Share on other sites More sharing options...
jMusic Posted January 18, 2019 Share Posted January 18, 2019 You may also want to check out celsius network. I have been earning 5.1% apr interest on some xrp for a while now. The interest is paid like-for-like, ie, I receive the interest as xrp. LTC just got increased to 6.15% apr. They use BitGo for cold storage. Of course, there has been no third-party audit yet so this could all be bs. DYOR. LeGonze 1 Link to comment Share on other sites More sharing options...
fiik Posted January 18, 2019 Share Posted January 18, 2019 none cbf reading anymore … sigh https://uphold-earn.mycred.io/static/earn/files/CredEarnFAQ.pdf TokenBaby 1 Link to comment Share on other sites More sharing options...
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