WOO Earn allows users to earn yield on idle funds.
Users can earn yield through these simple, secure, and transparent yield products.
To check if your country/region is supported, please visit ▶ List of unsupported countries/regions.
Users can earn additional yield boosts for selected vaults by staking more WOO at a higher tier.
How to access Earn?
To access the Earn page, go to the left-hand side of the web app window where the Staking option is located or visit https://x.woo.org/en/staking/earn directly.
The landing page displays vaults that are listed and still active. If the user has already logged in to an eligible account, the user can also see their earning snapshot at the top.
There will be various vaults for users to choose from. The filters in the top-right corner can show vaults specific to the user.
How to subscribe to an Earn vault?
To subscribe to a vault, go to the Earn page with your main account and select the desired vault.
A pop-up window will appear, allowing you to choose a vault based on:
- Stablecoin vaults offer stable rewards since the token price won't change much during the earning period. Non-stablecoin vaults offer a fixed yield of the selected token, but the token price might vary during the earning period.
- The Annual Percentage Rate (APR) determines how much yield you will receive on the distribution date. Refer to the next section for detailed calculations.
- The term determines how long your idle funds will be kept in the vault to earn. Some vaults have multiple terms to select from, and the APR might be different for different terms within the same vault.
You can select a term from the available options and enter the desired subscription amount.
The maximum subscription amount available to you will depend on the vault settings and the remaining capacity in the vault.
Before confirming the subscription, please check the detailed settlement timeline and estimated yield displayed on the screen. Also, be sure to read and acknowledge the WOO Earn Service Agreement.
How is yield calculated?
The effective yield varies based on the APR, term, and subscription amount.
For selected vaults, users who have staked WOO could receive additional rate boosts to increase the yield they receive. For more information about WOO Staking, please visit the WOO Staking program.
Yield is calculated as follows:
- Subscription amount * (base APR + boost APR) * term / 365.
Subscription will start earning yield from midnight UTC after they are deposited. Once the subscription term expires, these subscriptions will be transferred back to the spot wallet along with the yield earned.
How to check my Earn history?
To access your Earn history, click on the "View wallet/history" button located at the top-right corner of the Earn page. Alternatively, you can visit it from the Wallet section: [Wallet > Earn].
Where does the yield come from?
Transparency is a top priority for WOO X, and the platform aims to provide as much clarity as possible regarding the source of yields. The Featured Vaults on WOO Earn are fixed-term loans to one of our designated market makers, Kronos Research, on WOO X. These loans are used for supplying liquidity within WOO X and executing market-neutral trading strategies elsewhere, as needed. Kronos Research pays a fixed borrowing rate on the loan, which is then distributed back to depositors in the form of yield.
How to redeem early?
To redeem early, go to the "Earn" tab on the Wallet page.
Select the subscription you want to redeem and click on the "Redeem" button.
Normally it takes 1-2 days to receive your funds back. Please also note that early redemption is only supported for selected vaults. If you choose to redeem early, your accrued yields will be forfeited, as the term has not yet matured.
※ Note: The figures and rates in the attached screenshots throughout this article are indicative and for reference purposes only.