Gemini Earn
Gemini Earn allowed users to earn interest on stablecoins like GUSD and USDC directly within the Gemini exchange. Funds were lent out to institutional borrowers, and users received daily payouts. However, the program was paused in early 2023 due to the bankruptcy of its lending partner, Genesis. Recovery efforts are ongoing and user funds remain affected.
Gemini Earn | |
---|---|
Supported Stablecoins | GUSD, USDC |
APY Range (%) | 5%–7% |
Fees | None |
Lock-Up Options | Flexible |
Security Measures | Regulated, insured, audited |
Interest Payout Frequency | Daily |
Availability | U.S. & select global regions |
Minimum Deposit | No minimum |
Maximum Coverage/Protection | FDIC insurance up to $250K (USD) |
Notable Features | Seamless integration with exchange |
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