How much interest is paid, and when, where, and in which currency do I get it?The interest payment depends on the wallet yield and the balance of the wallet at 12 PM UTC. You can see them on your crypto wallet overview page.
Calculation formula: interest payment = wallet balance x ((1 + wallet yield) ^ (1 / 365) - 1).
The yield is paid out daily at 11 PM UTC to the same crypto savings wallet where your asset is stored. It is paid out in the same currency. The first payout takes place no sooner than 24 hours from your first deposit to this crypto wallet.
Example:

• You first funded your crypto savings wallet on September 1st at 10 PM UTC. First yield payout will be credited to this wallet on September 2nd at 11 PM UTC.
• You first funded your crypto savings wallet on September 1st at 11:45 PM UTC. First yield payout will be credited to this wallet on September 3rd at 11 PM UTC.

What is the wallet yield?
This is the annual percentage yield (APY) of the crypto savings wallet. It includes the compound interest effect (reinvestment of the yield received), unlike annual percentage rate (APR).

How can I calculate earnings from a crypto savings wallet?
You can use our calculator or calculate your earnings with this formula:
Earnings = initial asset amount x (((1 + wallet yield) ^ (1/365) - 1) ^ number of days the asset is stored)