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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:
  1. 1.
    Make sure your wallet is connected
  2. 2.
    Ensure you have $HOLO in your wallet
  3. 3.
    Choose the amount of $HOLO you would like to stake and earn interest
  4. 4.
    Click 'DEPOSIT TO $HOLOYIELD'
    • This then exchanges your $HOLO to $HOLOYIELD so you can begin earning interest
  5. 5.
    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
  6. 6.
    Leave your $HOLOYIELD and earn income passively for as long as it is deposited
  7. 7.
    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:
  1. 1.
    Select 'WITHDRAW'
  2. 2.
    Choose amount of $HOLOYIELD to withdraw
  3. 3.
    Click 'WITHDRAW $HOLOYIELD'
  4. 4.
    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)
  5. 5.
    After this you can 'claim' your $HOLO (with interest) from the dapp
  6. 6.
    Once claimed the $HOLO will appear in your wallet