Saving in Fizen
There are currently 2 savings services: Fizen and Yearn.finance.
With the Fizen savings plan, we offer FiPoint loyalty point savings with compound interest of up to 30%, without any blockchain transaction fees.
With savings plan on Yearn.finance, we link to Dapp third party and allow you to stake on-chain assets on Ethereum, Optimisticm, Fantom. You will receive yToken which represents the stake in yVault that you participates in. yvToken is minted when you deposit and is burned when you withdraw assets on vVault. For example: When depositing WETH, you will receive yvWETH. Simply by holding yToken, you will earn rewards from Yearn.finance.
1. Deposit
Step 1: Tap Savings on Homepage
Step 2: Scroll horizontally among pigs to choose a savings plan. The savings plan appears based on the blockchain network, please be sure to choose Ethereum, Optimistic, or Fantom if you wanna invest assets on Yearn.finance and any networks if you wanna invest FiPoint on Fizen.
You may need to scroll more to choose assets.
Step 3: Select Earn now button
Step 4: You will be prompted to the Deposit screen. Input deposit amount.
Step 5: Select Confirm
Step 6: Wait for transaction to process. You will be notified once the deposit is completed.
2. Withdraw
Step 1: Tap Savings on Homepage
Step 2: You will be prompted to My Savings screen once you have deposited the asset. Select the asset you wanna withdraw
Step 3: Select Withdraw button
Step 4: You will be prompted to the Withdraw screen. Input withdraw amount.
Step 5: Select Confirm
Step 6: Wait for transaction to process. You will be notified once the withdrawal is completed.
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