Simple Earn allows users to earn rewards by depositing their digital assets for either flexible or locked periods of time.

Users can subscribe to Flexible Products at any time to start earning rewards every minute. Locked Products offer different locked terms and rewards are distributed on a daily basis.

Simple Earn is a principal protected product. Your deposits are protected by MyCryptoBank in token amount (value of the assets are subject to market fluctuation).

Flexible Products distribute rewards based on Real-Time APR and Bonus Tiered APR. Rewards distributed are rounded down to 8 decimal places.

Real-Time APR is a live indication of rewards you can receive, and is subject to change every minute. Rewards are accrued and directly accumulated in your Earn Wallet every minute.

Bonus Tiered APR is offered from time to time on selected Flexible Products through a tiered rate structure, and is subject to change on a daily basis. These rewards are accrued the day after subscription, starting at 00:00 UTC. You will start receiving reward distributions in your Spot Wallet the day after accrual starts (two days after subscription) between 00:00 UTC and 08:00 UTC.

Your Flexible Product assets will be returned to your Spot Wallet immediately upon successful processing of redemption requests.

However, daily redemption limits apply to each Flexible Product, and are subject to change at any time. These limits and potential delays in receiving redemption proceeds may be a result of various factors, including but not limited to: extreme market volatility, network delays, a significant number of simultaneous instructions to redeem from other MyCryptoBank users, or any other unanticipated events.

Real-Time APR rewards are added every minute directly on the balance of each Flexible Product in your Earn Wallet (not your Spot Wallet). Bonus Tiered APR rewards are distributed to your Spot Wallet daily. You can refer to your Earn Wallet on the rewards you have earned, or Simple Earn History for the historical records under 'Real-Time APR Rewards' or 'Bonus Tiered APR Rewards'.

Locked Product APR is subject to change on a daily basis. These rewards are accrued the day after subscription, starting at 00:00 UTC. You will start receiving reward distributions in your Spot Wallet the day after accrual starts (two days after subscription) between 00:00 UTC and 08:00 UTC.