| Developers: | Matrixport |
| Last Release Date: | 2022/02/14 |
| Branches: | Internet services, Financial services, investments and auditing |
Main article: Cryptocurrencies
2022: The ability to reinvest interest on all digital assets of users without restrictions on the amount of the deposit
On February 14, 2022, Matrixport introduced an improved version of the wallet, which automatically reinvests interest on all digital assets of users without restrictions on the amount of the deposit.
The wallet combines perfectly with the Matrixport Flexible Deposit product, allowing users to earn interest on their deposits and withdraw them at any time without a fee. The updated wallet supports 19 coins and utility tokens, including SOL, DOT, LINK and DOGE. The list will be replenished in the future.
Interest rates are summed up every hour, this provides users with higher annual returns (APY). The indicator is dynamically corrected by the algorithm based on coin utilization ratios: the ratio of the scale of interest assets invested by the current pool of funds to the deposit balance.
 | Every penny matters to us. Therefore, our wallet allows you to increase the efficiency of digital capital, which is idle in wallets. We tried to simplify its use as much as possible so that everyone can quickly figure out and make their capital work, "said Cynthia Wu, head of sales and development at Matrixport. |  |
Key features of Matrixport wallet include:
- Direct integration: Auto-saving of balances on Flexible deposit in one click;
- Flexible replenishment system and easy withdrawal: Manage your assets freely at any time;
- No Fees: Transfer funds free of charge under the Flexible Deposit;
- Interest is accrued every hour: Get a return hourly immediately after the deposit;
- Openness and Transparency: Data on total token volume, utilization ratio, APY and current capitalization are available in real time so that you can make informed investment decisions;
- APY is proportional to utilization ratio: The higher the liquidity pool utilization ratio, the higher the return;
- Automatic compounding: If enabled, earned interest will be automatically reinvested. This increases the financial efficiency of capital and allows untapped funds to bring returns.
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