Earn) to the instant wallet affects daily earnings, here's how:
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1. In Flexible Earn:
When you request a redemption, earning immediately stops for that currency or amount.
You will not receive any interest (APY) after submitting a redemption request.
Balances are transferred to the instant wallet, often on the same day or within a few hours.
Summary: Yes, daily earnings stop upon redemption.
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2. In Locked Earn:
If you wait until the end of the lock-up period, you will receive the full interest, and balances are automatically transferred to the wallet.
However, if you make an early redemption:
You will only receive the principal.
You lose all interest earned during the lock-up period.
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Quick summary:
Type of earning Upon redemption Does interest continue?
Flexible Immediate No, it stops immediately
Locked At the end of the term Yes, you receive full interest
Locked (Early redemption) Immediate No, you lose the returns