Eli can partially or fully end the loan at any time by converting an amount of her TAUD Earn balance back into AUD.The implication here is that Eli automatically re-lends any "earned" capital to Finder Earn, unless she decides to transfer earnings out of her Finder Earn balance.each payout increases Eli's Earn balance.the return is paid in TAUD each day into Eli's Earn balance and. Eli's payout is based on her Finder Earn balance at the time of calculation on a given day.This is a result of earning a fixed rate of 4.01% p.a., including the compounding effect of the return being paid to Eli's Earn balance each day (including weekends).After one year, assuming Eli doesn't add to or withdraw from her $10,000 TAUD Earn balance, her total annual return will be $409 TAUD.lends Finder Wallet the $10,000 TAUD in order to earn a return.converts her $10,000 AUD into 10,000 TAUD stablecoin and.Transferring to Finder Earn means that Eli:.She transfers $10,000 AUD from Finder Cash into Finder Earn.She deposits that money into her Finder Cash Wallet.If you deposited funds using bank transfer, you may need to wait up to 3 days for the funds to appear. Once your deposit has been confirmed, your funds should appear under your "Cash balance".ĭeposits made using PayID should appear in your Wallet immediately, but you may have to wait 1 business day for your first deposit to clear.Once you've done so, tap "I've done this".You can deposit funds via PayID or bank transfer. Choose which payment method you'd like to use and submit the payment.Once you've verified your identity and set up your wallet, you can then add funds to your account by following these steps: If you're still having issues, please reach out to us. If your identity fails to be verified you may need to provide another form of ID. Your identity should then be confirmed and your Finder Wallet will be ready to go. Confirm the information is correct and agree to the terms and conditions.You can set up your Finder Wallet directly from the app, just make sure you have your personal ID info handy: Once your account is set up, you'll need to verify your identity and set up your Finder Wallet to use Finder Earn. #Mass finder app download#In order to use it, you'll first need to download the Finder app, and will then need to create your account. It is offered exclusively through the Finder app and powered by Finder Wallet Pty Ltd.įinder Earn is available exclusively through the Finder app. Once your Finder Earn balance reaches 100,000 TAUD, you will no longer be able to convert and transfer additional capital, but this does not limit the daily TAUD earnings that will be paid into your Finder Earn balance, and your earnings will continue to accrue and compound each day.įinder Earn is not a banking product or a savings account, and we are not investing on your behalf or managing your capital. The minimum deposit is $25 and the maximum balance you can hold is currently set to 100,000 TAUD. will be paid out daily on Earn balances that hold 5,000 TAUD or more throughout the promotion period from 1 September 2022 until 12 noon on Friday 1 November 2022. return on their entire Earn balance until 1 November 2022. In exchange for lending us your capital (that is, your TAUD stablecoins), we pay you a fee of 4.01% p.a.įinder Earn members with balances above 5,000 TAUD will get a 6.01% p.a. When you use Finder Earn, you convert your Australian dollars into TAUD stablecoins and these TAUD stablecoins are then lent to us. With no fees, daily payouts and no lock-up periods, Finder Earn is a convenient way to get a better return on your capital.
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