We have exciting news! Moola stablecoins mCUSD, mCEUR, and mCReal are now eligible for weekly Supercharge rewards. This means even more crypto for you.
With Moola, you can earn interest on the same stablecoin you’re Supercharging with. Here’s how it works: when you convert your top stablecoin to an mC stablecoin – for example, converting the cUSD you’re Supercharging to mCUSD – you are allowing Moola to lend out your stablecoin for interest in return and still getting your 7% Supercharge rewards*. That’s two streams of bonus crypto for one stablecoin.
You can check out the current Moola deposit APY here to see just how much interest you can earn today. You can convert your stablecoins to Moola stablecoins in the Moola Dapp, which you'll find on Valora's Dapps Page. Find step-by-step instructions here.
Tips:
- While Supercharge only rewards you on your balance of 10-1,000 mCUSD or mCEUR, or 50-6,000 mCReal, Moola will reward you on any balance of those stablecoins.
- Make sure your Valora push notifications are turned on so you never miss a rewards cycle.
- Remember to claim your Supercharge rewards in-app every week (see point above so you don’t forget)!
Moola is one of the most engaging and beloved dapps on our Dapps Page and an easy, low-risk way to earn a steady yield in the background. If you’re ready to convert your Supercharge stablecoin balance, open up Valora and hop over to our Dapps Page to find Moola. Check out our support article to learn how to get started.
*Disclaimer: As of February 13, 2024, Valora offers 7% annual rewards on qualifying Celo stablecoins. This change will be applied to new and existing Supercharge accounts with the minimum required balance - effective immediately.
Supercharge rewards will continue to be paid out weekly. Remember to claim your Supercharge rewards every week in your Valora wallet.
