Premium Earn Explained

Overview

Premium Earn is designed to give users significantly higher APR rewards by locking their USDT balance.

By locking USDT as Premium USDT, into Premium Earn, you can earn up to 23% APR, broken down as follows:

• 6% Base APR
• Up to 16% Trading Bonus APR, based on your 15-day trading volume
• 1% from Flipster VIP Program - 240617

Your Premium USDT remains unavailable for transfers or withdrawals during the lock period, but continues to be eligible as margin for perpetual futures trading.

Premium Earn rewards are applied to a maximum of 200,000 USDT. This feature is a new way to earn rewards on your USDT with a higher base APR when you choose to lock your funds.

How Does Premium Earn Work?

Guide to Premium Earn

Users can locate Premium Earn by navigating to the [Earn] Tab and clicking on [Get Premium].

First time users will have to click on "Add USDT now" and agree to the Terms and Conditions.

Allocating USDT into Premium Earn

When you allocate USDT into Premium Earn, you receive a fixed 6% base APR on up to 200,000 USDT wallet balance. 

Allocated USDT in Premium Earn can only be held in your own Account on the Platform Wallet and cannot be withdrawn or transferred.

Allocated USDT in Premium Earn can be used as margin for trading of Derivatives.

Reducing or Removing allocation of USDT from Premium Earn

Reducing/Removing allocated USDT from Premium Earn will initiate a 24 hour lock-up period. During the 24 hour lock-up period, USDT under the lock-up period will not be factored into the calculation of daily USDT wallet balance. 

At the end of the Lockup Period, USDT allocated to Premium Earn will automatically be released from the Premium Earn program and reflected in your Platform Wallet as USDT.

Earn Up to +16% Trading Bonus APR

In addition to the base APR, you can earn up to 16% additional Trading Bonus APR based on your trading volume across Spot and Perpetual Swap trading.

Your eligibility for the Trading Bonus depends on your 15-day trading volume. The higher your volume, the more of your balance will qualify for the Trading Bonus, and the higher the bonus rate you can receive.

For example:

• If your 15-day trading volume reaches 1,200,000 USDT, you will be eligible to earn a Trading Bonus APR of 11% on up to 40,000 USDT of your Premium USDT balance.
• If your trading volume reaches 10,000,000 USDT or more over 15 days, you will be eligible for 16% Trading Bonus APR, applied to up to 200,000 USDT of your Premium USDT balance.

Reward Calculation Examples

Scenario 1: 

• You lock 200,000 USDT in Premium Earn.
• Your 15-day trading volume is 10,000,000 USDT.

Result:

• You earn 6% Base APR on the full 200,000 USDT.
• You earn 16% Trading Bonus APR, applied to the same 200,000 USDT.
• Effective APR:
  • 200,000 USDT earns 22%  (6% + 16%)

Scenario 2: 

• You lock 200,000 USDT in Premium Earn.
• Your 15-day trading volume is 1,200,000 USDT.

Result:

• You earn 6% Base APR on the full locked amount.
• You qualify for an 11% Trading Bonus APR, applied to 40,000 USDT of your Premium Earn balance.
• Effective APR:
  • 40,000 USDT earns 17% (6% + 11%)
  • 160,000 USDT earns 6% (Base only)

Scenario 3: 

• You lock 100,000 USDT in Premium Earn.
• Your 15-day trading volume is 250,000 USDT.

Result:

• You earn 6% Base APR on the full 100,000 USDT.
• You qualify for 7% Trading Bonus APR on up to 10,000 USDT of that balance.
• Effective APR:
  • 10,000 USDT earns 13% (6% + 7%)
  • 90,000 USDT earns 6%

Scenario 4: 

• You lock 50,000 USDT in Premium Earn.
• You have no trading volume in the last 15 days.

Result:

• You earn 6% Base APR on the full 50,000 USDT.
• No Trading Bonus APR applies.
• Effective APR
  • 50,000 USDT earns 6%
     

Scenario 5:

• You lock 200,000 USDT in Premium Earn.
• Your 15-day trading volume is 4,000,000 USDT.

Result:

• You earn 6% Base APR on the full 200,000 USDT.
• You qualify for a 16% Trading Bonus APR on 100,000 USDT of your balance.
• Effective APR:
  • 100,000 USDT earns 22% (6%+16%)
  • 100,000 USDT earns 6%