đź’¬ Market Commentary
- Proof of Reserves Round 3
In January 2021, Ledn became the first lending platform in the crypto industry to provide Proof of Reserves to our clients, and we have followed through on our intention to offer attestation every 6 months.
Ledn’s third round of Proof of Reserves is now complete, marking one full year since we first launched this service in January 2021.
All client balances on platform as of January 31, 2022 at 11:59 PM EST were automatically included in our latest attestation.
As a Ledn client, this means you can now independently verify your account’s balance with a few easy clicks.
- Savings Rates as of March 1st, 2022
Ledn’s Savings rates remain unchanged as of March 1st 2022.
The interest rate for BTC Savings Accounts will continue to be 6.25% APY for balances up to 0.5 BTC, and 2.25% APY for any balance over 0.5 BTC.
For USDC Savings Accounts, the interest rate will stay at 9.25% APY on your full USDC balance (no tiers).