How does Gemini Dollar interest work?

3 answers

• SNEHA SINGHJan 28, 2024 · 2 years ago
  Sure! Gemini Dollar is a stablecoin issued by Gemini, a regulated cryptocurrency exchange. The interest on Gemini Dollar is earned through the Gemini Earn program. When you deposit your Gemini Dollars into Gemini Earn, they are lent out to institutional borrowers. The interest earned from these loans is then distributed to the users who have deposited their Gemini Dollars into Gemini Earn. It's a great way to earn passive income on your holdings while still having the flexibility to withdraw your funds at any time.
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• padcodingFeb 02, 2024 · 2 years ago
  Gemini Dollar interest works by lending out your deposited Gemini Dollars to institutional borrowers. The interest earned from these loans is then distributed to the users who have deposited their Gemini Dollars into Gemini Earn. It's a simple and convenient way to earn interest on your holdings without the need for active trading. Just sit back, relax, and watch your Gemini Dollars grow!
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• SkarBcnDec 20, 2024 · a year ago
  Gemini Dollar interest is a feature offered by Gemini, a leading cryptocurrency exchange. By depositing your Gemini Dollars into Gemini Earn, you can earn interest on your holdings. The interest is generated from lending out your Gemini Dollars to institutional borrowers. It's a secure and transparent way to earn passive income on your cryptocurrency investments. Give it a try and start earning interest on your Gemini Dollars today!
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