This digital currency investing platform is offering 90% interest on Axie Infinity tokens to its users.
Finblox is Offering 90% interest rate on Axie Infinity tokens
The majority of bitcoin investors make money by purchasing low and selling high.
However, in recent years, a slew of new options have emerged, ranging from DeFi to NFTs. Axie Infinity token owners can now earn up to 90% yearly income by simply investing their tokens with a Hong Kong-based digital asset investment platform.
Finblox is a digital currency investing platform that provides an annual income to over 15,000 members without requiring any lock-ups. It pays out 3% on Ethereum and Bitcoin, which is the lowest yield. It pays 8 percent APY on Avalanche and Solana, and 10 percent APY on USD Coin.
Finblox goes all out when it comes to the Axie Infinity coins, paying out a whopping 90% APY. It achieves this yield by actions such as leasing the asset to financial institutions for leverage or to other DeFi-related trusted partners.
Axie Infinity is a Major Player in the Blockchain Gaming Industry
Axie Infinity has quickly established itself as a major player in the burgeoning blockchain gaming industry. It’s the third-largest gaming-related cryptocurrency, behind Decentraland’s MANA and The Sandbox, with a market valuation of $4.7 billion.
AXS has risen from $0.5 to over $76 in the last year, representing a 15,000 percent increase. In November of last year, at the height of the crypto bubble, it hit a new high of $165.
Peter Hoang, the co-founder of Finblox commented:
Axie Infinity has brought crypto gaming to the mainstream and created a new way for anyone to turn their time into money through the play-to-earn mechanic.
After quitting his position as the founder and CEO of Gotrade, a zero-commission stock trading software that garnered a lot of traction in Southeast Asia, Peter established Finblox.
He teamed up with Dmitriy Paunin, the former CTO of Coins. ph, the largest cryptocurrency exchange in the Philippines with 16 million users.
Finblox has been a huge hit since its inception. It attracted seven-figure capital from notable investors such as Sequoia Capital and MSA Capital in December of last year.
Peter made the following remark at the time:
Our vision is to help the next 1 billion people build their wealth with crypto.  What we’re able to offer is stability with more consistent rates and no lock-in periods associated with other DeFi platforms. Our core focus is to build an accessible and modern product that will help our users accumulate wealth over the long term and build the financial blocks for their future.
