10 May What is Xend Finance?
Xend Finance is a digital savings platform that allows individuals, cooperatives and companies to save in stable currencies and earn daily compounded interest. You have access to stable currencies like BUSD, which is equivalent to 1 US Dollar. You can get an Annual Percentage Yield (APY) of up to 15% on Xend Finance.
With Xend Finance you can save as an individual, as a group (Esusu) and as a Cooperative. To save on Xend Finance you need BUSD and BNB for transaction fees
In Xend Finance, there are 2 personal saving options: Flexible Savings and Fixed Savings.