From now on, we reward our new investors with USDC vouchers instead of sending the bonus to their wallet immediately after the first investment.
Here's how it works now:
A user can see the voucher after signing up on 8lends, but it remains locked until they complete KYC and make an investment. It can only be used with a new investment of at least 100 USDC within 30 days after signing up.
The bonus is paid out together with the principal on that investment once it is repaid.
Why did we move to vouchers?
Because this approach encourages new investors to keep investing instead of claiming a bonus for a single quick action and then leaving the platform.
What bonuses do we issue as vouchers now?
🔘 Welcome Bonus (30 USDC) for completing KYC and making an investment.
🔘 Maclear Transfer Bonus (20 USDC) for transferring your KYC verification from Maclear to 8lends.
You can't use both vouchers for the same investment. But you can use them for two different investments. For example:
Investment #1: You invest 100 USDC and apply the Welcome Bonus voucher.
Investment #2: You invest 100 USDC and apply the Maclear Transfer Bonus voucher.
❗️ If you sell the investment linked to an activated voucher on the Secondary Market before it reaches maturity, that voucher expires automatically. You'll then receive a new voucher for the same amount with a new 30-day expiration period starting from the reissue date.
So, do you love the move to vouchers? 👇