What is Polkadot (DOT)?
Polkadot calls itself “the next-generation blockchain protocol” and it earns this name due to the ability to connect multiple blockchains into one network. Polkadot has some similarities to Ethereum--which makes sense since its co-creator is ex-Ethereum developer Gavid Wood. However, it has a unique twist. The main purpose of Polkadot is to help blockchain networks improve scalability, self-govern, and upgrade without the need for hard forks. It’s also very developer-friendly, with the team calling it a project “by developers for developers.”.
How to earn 9% interest on DOT
Step 1: Sign-in or sign up to YouHodler (iOS, Android, and Web version available)
Step 2: Deposit DOT to your personal Polkadot wallet
Step 3. Watch as your DOT earns compounding interest.
Step 4: Get paid! Weekly payments come every 7 days
Watch your crypto earn on YouHodler
YouHodler created a transparent savings account dashboard specifically so clients can view their earnings in real-time. YouHodler updates earnings every four hours and deposits automatically go into your wallet every seven days. Best of all, you will watch your crypto earn more every week if you HODL. That’s due to our compounding interest feature. The longer you HODL, the more you can profit. Lastly, your funds are never locked in the account. Deposit and withdraw at will. So if you want to see your crypto earn passive income, deposit today.
Polkadot saving wallet App that pays interest
YouHodler wallet app is the only application where you can store your Polkadot (DOT) just like you would in a regular wallet but in addition, earn interest on that DOT wallet balance every week.
How does DOT interest work
You can earn interest on DOT just like you would with a traditional bank savings account but with one key difference. Instead of near to zero interest rates at banks, we offer you 9% interest on Bitсoin.
How to Earn Free DOT
It’s easy! Just deposit DOT to your YouHodler wallet and you’ll earn free DOT every week.
How to Get Free DOT
Interest payments occur every seven days. So you’ll get your free DOT a week after your first deposit.
Cumulative Interest DOT
Yes, you have cumulative interest if you HODL DOT in the wallet. We calculate compound interest rates every week.
DOT APY & Yield
Compared to other platforms, we offer APY instead of APR. APR gives you interest payments without the compounding effect. Hence, with APY at YouHodler, you get more DOT at the end of the year due to this cumulative interest.
DOT Savings Calculator
Just use our DOT Savings Calculator to see what you will have in 3, 6, or 12 months of HODLing on YouHodler.