Choise.com launches the first ever NFT fixed income accounts

by James · August 31, 2022

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

MetaFi platform Choise.com are pleased to announce the launch of a new product, NFT Interest Accounts, which is the first of its kind. Users can now mint tokens to receive an NFT with the interest account characteristics.

Choise.com is a pioneering cryptocurrency platform that combines the benefits of centralized and decentralized financial services in a single system. It aims to create a bridge between the user bases of CeFi and DeFi, making it much easier for users to learn about and use DeFi products for a chance at bigger gains.

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NFT interest accounts are now active!

To advance their efforts in the NFT industry, Choise.com is launching the first product of its kind, NFT Interest Accounts. With this new service, users can now open interest bearing accounts in DAI, USDT, USDC and CHO and receive up to 26% APY.

All they need to do is create a token to receive an NFT with the interest account characteristics. When the interest account period comes to an end, Choise.com exchanges users’ NFT for the amount that was locked in the account plus accrued interest.

How users can access NFT interest account

Users must connect their MetaMask wallet to the Choise.com platform, select a coin, the amount to be locked and the term. After they click the “mint” button, the platform writes the interest account amount and the user receives their exclusive NFT with the properties of their account.

In particular, assets can be locked for either 12 or 24 months, with users receiving their interest at the end of the period. The fixed deposit periods and APY, respectively, are as follows:

Duration (months) 12 24

USDT/USDC (APY) 15% 16%

DAI (APY) 15%

CHO (APY) 20% 25%

There is also a handy calculator available on the account, which allows users to assess potential profits before locking up their assets. It should be noted that the number of available NFTs is limited, so this offer has an expiry period.

About Choise.com

Choise.com is an innovative crypto solution that combines all the advantages of CeFi and DeFi services in one system. At the heart of Choise.com is a new, internal ecosystem: Charism, a series of products that give users more chances to profit from crypto assets.

The platform was separated and rebranded from the crypto wallet and CeFi ecosystem Crypterium in 2021. Choise.com is run by Vladimir Gorbunov, the company’s founder and CEO. More than 160 people work for the company, and their main goal is to find new ways to combine CeFi and DeFi technologies to reflect the future crypto market.

The company’s portfolio currently includes over 700,000 users.

Click on the links below to learn more about Choise.com

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