“After months of hard work, I now have 1 million naira in the bank to my business name”, said Patrick in January 2022.

However, inflation had other plans for Patrick as 1 million naira had lost its value by June 2022. 

Gozie, who owns a footwear brand and dreams of opening her own shoe store in Nigeria uses a traditional savings group called Ajo. This savings circle allows those without access to traditional banking services to save money and acquire loans or credit. 

The problem Gozie encounters with this is that the value of her savings, no matter how much the money, keeps plummeting. 

“Devaluation is a big problem. Take a look at 20,000 two years and 20,000 naira now. Naira has really lost its value” Gozie said. “What if I invested this money somewhere or saved it somewhere and the value didn’t decrease? Then I can put it to better use. Is this possible? ”

The Untapped Market

Stablecoins – cryptocurrencies pegged to a strong fiat currency like the U.S. dollar or assets to keep their prices stable – could be the solution to Gozie and Patrick’s problem. With platforms like Earn, Nigerian business owners can save their business funds in stablecoins like USDT and earn predictable interests yearly.

What is Earn?

Earn is Fluidcoins’ savings solution for Nigerian businesses. With Earn Nigerian Business owners can save their business funds in stablecoins without fear of devaluation. You get to maintain the value of your savings and earn high interest by converting your business funds to stablecoins like USDT.

Compared to traditional financial institutions, Earn offers you higher interest. Your interest accrues to you daily so you can withdraw whenever you need it.

Am I eligible to use Earn?

Every Fluidcoins Merchant is eligible to use Earn. To become a Fluidcoins Merchant, all you need to do is create an account and start saving using the Earn feature on your dashboard.

1. Create an account
2. Verify your business
3. Make your first deposit: As a new merchant, you can choose to deposit in Naira and convert to USDT using our Liquidity feature, then start saving using the Earn feature on your dashboard.

As an existing merchant, you can immediately use the Earn feature to start saving.

How safe are my funds?

There are risks attached to every investment and savings platform. However, we have taken it upon ourselves to make sure your funds remain safe while accruing the best interest rates. Click here to read about it

Can I withdraw when I want to?

Absolutely! There are no time locks attached to Earn. You can withdraw and deposit whenever you want.

Sounds Great. When can I start?

Our Earn product is live and you can start using it now! Log in to your dashboard here or visit www.fluidcoins.com/products/earn

Do you have questions or suggestions? Shoot us a mail at [email protected]

We can’t wait for you to experience the power of Defi with Fluidcoins.