Xend Finance allows you to save a portion of your income and get significant return allowing you to reach your financial goals quicker.
The currency you use to save is BUSD, a stable currency pegged to the Dollars.
1 BUSD = 1 Dollar.
So, basically, you’re saving in dollars, preserving the value of your savings.
To save on Xend Finance you need BUSD and BNB for transaction fees.
You have two savings options:
Flexible Savings: Save, withdraw, manage your money for free at any time with up to 15% annual percentage yield (APY) and interests distributed daily. It's suitable for savers who need flexibility for their cash.
Fixed Savings: Lock cash away for a fixed period of time with no access to it until maturity. It‘s suitable for users who need to save cash for a long time and earn better returns.