Check out our latest new feature; Savings Vaults!

It is designed to help you maximise returns on your idle stablecoins by offering access to some of the best and reliable vaults available in the market.

Our first vault is powered by Compound III, where you can earn up to 7.86% APR (as of the current writing) on your stablecoins.
(Do note that the APR varies depending on the utilization of the lending pool.)

What is Compound III?
It allows users to deposit USDC into lending pools, becoming a resource for borrowers. In return, lenders earn interest on their deposits.

What are the rewards?
When you deposit USDC, you not only earn interest in USDC but also in COMP, Compound's governance token.

How to get started?
Login to your BasedApp account, select Saving Vaults, and key in the amount of USDC you wish to deposit.

Here’s a guide if you need some help: https://basedapp.io/blog/grow-your-idle-stablecoins-with-our-new-savings-vaults