Annual percentage rate

Bitget Introduces Stake-to-Mine Platform PoolX with ChatAI as the first Project

Retrieved on: 
Thursday, April 4, 2024

Kicking off with the ChatAI project, PoolX features an AI-driven social and gaming platform on the Solana blockchain.

Key Points: 
  • Kicking off with the ChatAI project, PoolX features an AI-driven social and gaming platform on the Solana blockchain.
  • Each PoolX project will feature one or more mining pools, with token rewards distributed hourly based on participants' staking volume.
  • The inaugural project on PoolX is ChatAI, a dynamic social and gaming platform powered by AI and based on the Solana blockchain.
  • For more information about Bitget PoolX and the ChatAI project, please visit https://www.bitget.com/support/articles/12560603807619

Bitget Introduces Stake-to-Mine Platform PoolX with ChatAI as the first Project

Retrieved on: 
Thursday, April 4, 2024

Kicking off with the ChatAI project, PoolX features an AI-driven social and gaming platform on the Solana blockchain.

Key Points: 
  • Kicking off with the ChatAI project, PoolX features an AI-driven social and gaming platform on the Solana blockchain.
  • Each PoolX project will feature one or more mining pools, with token rewards distributed hourly based on participants' staking volume.
  • The inaugural project on PoolX is ChatAI, a dynamic social and gaming platform powered by AI and based on the Solana blockchain.
  • For more information about Bitget PoolX and the ChatAI project, please visit https://www.bitget.com/support/articles/12560603807619

Climate First Bank Reduces Solar Loan Rates for Increased Access to Sustainable Living

Retrieved on: 
Monday, February 26, 2024

It is the first time a financial institution has decreased its solar loan rates and extended the loan term.

Key Points: 
  • It is the first time a financial institution has decreased its solar loan rates and extended the loan term.
  • Since the inception of Climate First Bank’s solar loan program, the bank has never charged dealer fees.
  • In 2023, the bank financed $35 million in solar loans for businesses and $83 million in solar loans for individuals.
  • Beyond contributing to carbon drawdown and making sustainable living more accessible, these solar loans provide numerous incentives to customers like federal and state tax credits, solar rebates and sales and property tax exemptions,” said Climate First Bank Solar Loan Officer Jeff Cowherd.

OKX Launches 'Web3 DeFi Bonus Season' Campaign, Giving Users the Opportunity to Earn an Additional APR of Up to 14%

Retrieved on: 
Monday, November 20, 2023

The additional APR received by users who participate in this campaign will depend on the specific protocol and liquidity pool chosen by the user.

Key Points: 
  • The additional APR received by users who participate in this campaign will depend on the specific protocol and liquidity pool chosen by the user.
  • Users also have the opportunity to increase their APR by staking the rewards they may receive from one protocol's liquidity pool into another protocol's liquidity pool.
  • For example, OKX DeFi users who stake ETH through the Lido protocol can receive an enhanced APR of up to 3% in the form of stETH, in addition to any base APR.
  • OKX and Lido have once again partnered for the 'Web3 DeFi Bonus Season' campaign, showcasing their shared dedication to providing Web3 users with a seamless and secure ETH staking experience.

Fisker Offers Financing as Low as 1.99% APR to US Customers Through Fisker FinanceSM

Retrieved on: 
Thursday, December 14, 2023

“By offering these very competitive financing offers through Fisker FinanceSM, we’re making it that much easier for our customers who want to finance to be able to drive a Fisker Ocean.”

Key Points: 
  • “By offering these very competitive financing offers through Fisker FinanceSM, we’re making it that much easier for our customers who want to finance to be able to drive a Fisker Ocean.”
    Fisker FinanceSM is a digital financing program under which JP Morgan Chase offers easy and convenient loan purchase options to Fisker customers.
  • After completing a credit application, qualified applicants can access retail financing offers to purchase a Fisker vehicle, additional upgrades and options, and home charging equipment.
  • 1 The trade name Fisker Finance and the Fisker logo are owned by Fisker or its affiliates and are licensed to JPMorgan Chase Bank, N.A.
  • Fisker Finance offers APRs between 1.99% and 24.99% subject to applicable law, buyer qualifying criteria, and other factors.

Wescom Credit Union Launches Fixed Rate Feature HELOC

Retrieved on: 
Tuesday, November 14, 2023

“The debut of Wescom’s Fixed Rate Feature HELOC is our way of adding value back into our membership,” stated Jeff Smrcka, Vice President of Consumer Lending at Wescom.

Key Points: 
  • “The debut of Wescom’s Fixed Rate Feature HELOC is our way of adding value back into our membership,” stated Jeff Smrcka, Vice President of Consumer Lending at Wescom.
  • Other banking institutions that do offer a HELOC, only offer it against someone’s primary residence; however, because a Fixed Rate Feature HELOC is a part of Wescom’s existing program, it’s available to owner-occupied properties along with investment and second homes.
  • To learn more about Wescom’s active Fixed Rate Feature HELOC offering, please visit: wescom.org/home-loans/home-equity .
  • 3A Wescom HELOC fixed rate conversation (FRC) option allows members with a new or existing HELOC to convert a portion or the entire outstanding balance into an amortized term segment of their choice at a fixed interest rate.

Bybit Introduces Discount Buy: A New Way to Save on Asset Purchases

Retrieved on: 
Friday, November 17, 2023

Discount Buy operates in two scenarios:

Key Points: 
  • Discount Buy operates in two scenarios:
    If the Settlement Price is greater than or equal to the Knockout Price: Users will receive their Principal plus Annual Percentage Rate (APR) in USDT.
  • If the Settlement Price is lower than the Knockout Price: Users can purchase their desired cryptocurrency at the Purchase Price.
  • Discount Buy is ideal for users who believe the current asset price is low and want to accumulate the asset at an even better price.
  • Accumulator Strategy: Discount Buy allows users to accumulate crypto assets at a lower price than the current market price.

Bybit Introduces Discount Buy: A New Way to Save on Asset Purchases

Retrieved on: 
Friday, November 17, 2023

Discount Buy operates in two scenarios:

Key Points: 
  • Discount Buy operates in two scenarios:
    If the Settlement Price is greater than or equal to the Knockout Price: Users will receive their Principal plus Annual Percentage Rate (APR) in USDT.
  • If the Settlement Price is lower than the Knockout Price: Users can purchase their desired cryptocurrency at the Purchase Price.
  • Discount Buy is ideal for users who believe the current asset price is low and want to accumulate the asset at an even better price.
  • Accumulator Strategy: Discount Buy allows users to accumulate crypto assets at a lower price than the current market price.

The New and Improved Emerald Advance(SM) Loan Provides a Little Breathing Room This Holiday Season with a Loan of up to $1,300

Retrieved on: 
Wednesday, November 8, 2023

Anyone can apply for the Emerald Advance Loan through Dec. 31.

Key Points: 
  • Anyone can apply for the Emerald Advance Loan through Dec. 31.
  • And those who are approved can leave with funds on an Emerald Card® 2 or deposited to their Spruce account3.
  • “During this time of year, we see many of our customers who want to provide a memorable experience for their families.
  • An Emerald Advance Loan could help them do that.”
    The Emerald Advance Loan has no application fee, and checking eligibility won’t impact a customer’s credit.

Oportun Reports Third Quarter 2023 Financial Results

Retrieved on: 
Monday, November 6, 2023

SAN CARLOS, Calif., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Oportun Financial Corporation (Nasdaq: OPRT) (“Oportun”, or the "Company") today reported financial results for the third quarter ended September 30, 2023.

Key Points: 
  • Originations – Aggregate Originations for the third quarter were $483 million, a decrease of 24% as compared to $634 million in the prior-year quarter.
  • Revenue – Total revenue for the third quarter was $268 million, an increase of 7% as compared to $250 million in the prior-year quarter.
  • Net revenue for the third quarter was $85 million, a decrease of 42% as compared to net revenue of $147 million in the prior-year quarter.
  • Oportun is providing the following guidance for 4Q 2023 and full year 2023 as follows: