What is Polygon (MATIC)?
Polygon is an India-based cryptocurrency and blockchain network designed to improve upon the slow and expensive transactions on the Ethereum network. Due to Ethereum’s extreme popularity with DeFi and NFT dapps, the network has become congested with high transaction fees following. However, Polygon sidechains are a unique innovation that helps the blockchain perform better. Initially, these side chains were meant to be used with the Ethereum blockchain but now, they can work with all blockchain technology, providing new frameworks for various blockchains.
How to earn 11% interest on MATIC
Step 1: Sign-in or sign up to YouHodler (iOS, Android, and Web version available)
Step 2: Deposit MATIC to your personal Polygon wallet
Step 3. Watch as your MATIC earns compounding interest.
Step 4: Get paid! Weekly payments come every 7 days
Watch your crypto earn on YouHodler
YouHodler’s user-friendly and transparent interface makes it easy to watch your crypto earn in real-time. Start by depositing MATIC to your MATIC wallet. That’s it. Now the easy part is to check in every four hours to receive your interest update. Interest payments are deposited automatically every seven days. The best part? Interest is compounding meanings the longer you HODL MATIC, the more you can watch your crypto earn.
Polygon saving wallet App that pays interest
YouHodler wallet app is the only application where you can store your Polygon (MATIC) just like you would in a regular wallet but in addition, earn interest on that MATIC wallet balance every week.
How does MATIC interest work
You can earn interest on MATIC just like you would with a traditional bank savings account but with one key difference. Instead of near to zero interest rates at banks, we offer you 11% interest on MATIC.
How to Earn Free MATIC
It’s easy! Just deposit MATIC to your YouHodler wallet and you’ll earn free MATIC every week.
How to Get Free MATIC
Interest payments occur every seven days. So you’ll get your free MATIC a week after your first deposit.
Cumulative Interest MATIC
Yes, you have cumulative interest if you HODL MATIC in the wallet. We calculate compound interest rates every week.
MATIC APY & Yield
Compared to other platforms, we offer APY instead of APR. APR gives you interest payments without the compounding effect. Hence, with APY at YouHodler, you get more MATIC at the end of the year due to this cumulative interest.
MATIC Savings Calculator
Just use our MATIC Savings Calculator to see what you will have in 3, 6, or 12 months of HODLing on YouHodler.