To boost your APY, you need to deposit CLT in your CoinLoan wallet. There is no minimal staking time needed to get bonus rates. Within a day after deposit, all interest rates in the Interest Account will increase by 0,1% with every 250 CLT you hold:

  • 250 CLT raises your interest by 0.1%;
  • 750 CLT — by 0.3%;
  • 2,500 CLT — by 1%;
  • 5,000 CLT — by 2%.

The maximum bonus is 2%, having more than 5,000 CLT won’t affect your interest rates anymore. In Figure 1 below, you can see the screenshot of the Interest Account page with a maximized interest rate. You can achieve this by holding 5,000 CLT.

Figure 1: Your Interest Account rates when holding 5,000 CLT

CLT or CoinLoan token is our utility token, used for paying platform fees and securing loans. You can buy CLT on CoinLoan Crypto Exchange directly, or on YoBit, Tokpie, or Latoken exchanges.

Staked coins can’t be used for paying fees or getting a loan. However, you can instantly unstake them at any time and return your rates to basic values.

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