What is Pax Dollar (USDP)?

Pax Dollar is a decentralized finance (DeF) protocol that enables users to borrow and lend out cryptocurrency in a completely decentralized and anonymous way. Pax Dollar was first launched in 2017 when it was then known as ETHLend. Since changing to Pax Dollar in 2020, the protocol has really taken off thanks to the rise of DeFi that year. The USDP token itself has a few benefits, namely governance rights and reduced transaction fees for token holders. Lenders who deposit their funds on the platform for borrowers get rewarded with % p.a. rates meanwhile borrowers must deposit collateral first before getting a loan.

How to earn 6% % p.a. on USDP

Step 1: Sign-in or sign up to YouHodler (iOS, Android, and Web version available)

Step 2: Deposit USDP to your personal Pax Dollar wallet

Step 3. Watch as your USDP earns compounding % p.a..

Step 4: Get paid! Weekly payments come every 7 days

Watch your crypto earn on YouHodler 

The best part of depositing your favorite cryptocurrency is the ability to watch your crypto earn % p.a. in real-time. We provide you with earning updates every four hours so you can follow along closely and watch your portfolio grow every day. Furthermore, we feature compounding % p.a. meaning the longer you HODL, the more you watch your crypto earn. Transparency and stability are two words we take very seriously. Since YouHodler first started offering Yields accounts, our rates have barely changed. That way, you can always rely on a consistent passive income day after day, month after month, and year after year. 

USDP yield wallet App that pays % p.a.

YouHodler wallet app is the only application where you can store your Pax Dollar (USDP) just like you would in a regular wallet but in addition, earn % p.a. on that USDP wallet balance every week.

How does USDP % p.a. work

You can earn % p.a. on USDP just like you would with a traditional bank Yields account but with one key difference.  Instead of near to zero % p.a. rates at banks, we offer you 3.56% % p.a. on USDP.

How to Earn Free USDP

It’s easy! Just deposit USDP to your YouHodler wallet and you’ll earn free USDP every week.

How to Get Free USDP

yield payments occur every seven days. So you’ll get your free USDP a week after your first deposit.

Cumulative yield USDP

Yes, you have cumulative % p.a. if you HODL USDP in the wallet.  We calculate compound % p.a. rates every week.

USDP APY & Yield

Compared to other platforms, we offer APY instead of . gives you % p.a. payments without the compounding effect. Hence, with APY at YouHodler, you get more USDP at the end of the year due to this cumulative % p.a..

USDP Yields Calculator

Just use our USDP Yields Calculator to see what you will have in 3, 6, or 12 months of HODLing on YouHodler.