In addition to the previously launched "Steady Growth Fund", CoinTiger has now launched Fixed Income products.
The Fixed Income product offers two options to meet different crypto holders’s needs: ‘Monthly Yield Growth’ and ‘Fixed Rate’.
Monthly Yield Growth is designed with flexible period and monthly growth rate. It starts with an annual yield of 8% for the first month, and 2% increase by month, which means the longer you save, the higher earnings you will gain. The maximum rate will reach 20% if you save your coins by 6 months or more. For example, If you plan to invest 10BTC in Monthly Yield Growth in Nov., then you will get 10BTC *0.08/365*30=0.0657BTC earnings in Nov., and you will get 10BTC *0.08/365*30+10BTC*0.1/365*31=0.1506BTC earnings in total till Dec. and so on.
Fixed Rate is designed with fixed period and fixed rate. Users could save their crypto assets with a fixed period(60/120 days) and a fixed rate, and the principal & interest will be paid after the expiration. For example, If you plan to invest 10BTC in Fixed Rate (BTC-120days) in Jan., then you will get (10BTC *0.15/365*120=0.4931BTC) earnings in May.