Coinlocks are a way for you to earn interest on your coins. Lock your desired amount for a specified time period (during which you will not be able to access it) and earn interest.
NGNT Lock Duration
- 1 month (8 or 10% interest per annum)
- 3 months (10 or 12% interest per annum)
- 6 months (12 or 14% interest per annum)
Locking between 50,000 NGNT and 499,999 NGNT gets you the lower interest rate. Locking > 500,000 NGNT gets you the higher interest rate.
USDC Lock Duration
- 3 month (4% interest per annum)
- 6 months (6% interest per annum)
Please note that you will not be able to access locked coins until the maturity date. Please make sure you do not need the locked amount before then.