What is Tezos (XTZ)?
Tezos (XTZ) is a decentralized computing platform and a cryptocurrency. Tezos is the “proof of stake consensus meaning stakeholders get to vote on changes to the protocol, thus incentivizing people to buy and hold XTZ. Tezos calls its block creation process “baking” and as a bonus to holding XTZ, holders get rewards in XTZ tokens for creating and verifying transactions on the XTZ blockchain. Like Ethereum, Tezos is designed to make use of smart contract technology. According to the team, Tezos is ancient Greek for “smart contracts.”
How to earn 5.12% interest on XTZ
Step 1: Sign-in or sign up to YouHodler (iOS, Android, and Web version available)
Step 2: Deposit XTZ to your personal Tezos wallet
Step 3. Watch as your XTZ earns compounding interest.
Step 4: Get paid! Weekly payments come every 7 days
Watch your crypto earn on YouHodler
Thanks to YouHodler’s transparent savings account dashboard, it’s super easy to watch your crypto earn every day. We update your earnings every four hours with weekly deposits. We never require a minimum deposit to start earning nor do we lock your funds. You are free to withdraw your fund at any time. However, keep in mind YouHodler savings accounts feature compounding interest. That means the longer you HODL, the more your profit. So deposit now and watch your crypto earn!
Tezos saving wallet App that pays interest
YouHodler wallet app is the only application where you can store your Tezos (XTZ) just like you would in a regular wallet but in addition, earn interest on that XTZ wallet balance every week.
How does XTZ interest work
You can earn interest on XTZ 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 5.12% interest on XTZ.
How to Earn Free XTZ
It’s easy! Just deposit XTZ to your YouHodler wallet and you’ll earn free XTZ every week.
How to Get Free Tezos
Interest payments occur every seven days. So you’ll get your free XTZ a week after your first deposit.
Cumulative Interest XTZ
Yes, you have cumulative interest if you HODL XTZ in the wallet. We calculate compound interest rates every week.
XTZ 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 XTZ at the end of the year due to this cumulative interest.
XTZ Savings Calculator
Just use our XTZ Savings Calculator to see what you will have in 3, 6, or 12 months of HODLing on YouHodler.