How to Deposit $HOLO to Earn Interest
DEPOSITING
HOLOCLEAR offers holders the opportunity to earn interest on their $HOLO just as you would in a bank account. Interest is paid in a second token called HOLOYIELD, which can then be exchanged 1:1 for $HOLO. To earn interest you need to deposit your $HOLO into an account on the HOLOCLEAR dAPP. The steps to do this are:
Make sure your wallet is connected
Ensure you have $HOLO in your wallet
Refer to 'How to buy $HOLO' if you are unsure how to do this
Choose the amount of $HOLO you would like to stake and earn interest
Click 'DEPOSIT TO $HOLOYIELD'
This then exchanges your $HOLO to $HOLOYIELD so you can begin earning interest
The total deposited will now appear in 'total deposited balance'
This will show you the total amount in your account, next interest payment and weekly return on investment
APY will adjust dynamically in line with market forces and treasury performance
Leave your $HOLOYIELD and earn income passively for as long as it is deposited
While you hold a deposit account you will also be automatically entered into the HOLOPOOL prize draw each week
WITHDRAWING
Should you want to withdraw your deposited $HOLOYIELD you can do this at any time. To do this simply follow these steps:
Select 'WITHDRAW'
Choose amount of $HOLOYIELD to withdraw
Click 'WITHDRAW $HOLOYIELD'
There will then be a 24 hour 'cooldown' period (with subsequent withdrawals from the same wallet submitted within this period resetting the 24 hour cooldown for the total amount)
After this you can 'claim' your $HOLO (with interest) from the dapp
Once claimed the $HOLO will appear in your wallet
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