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Earn a 5% return with ALGO Lending

Algorand Staking will stop on April 14th. You can still earn returns with Lending. Activate Lending for ALGO and earn 5% (annual yield percentage) on your Algorand assets from Monday April 14th to Sunday April 27th, 2025!*

Getting started with ALGO Lending?

Activate Lending for ALGO and benefit from a 5% return instead of 1% for two weeks starting Monday 14 April. Here's how it works:

  • Open BLOX (or download the app if you don't have it yet)
  • Go to the 'Earn' tab and tap 'Lending'.
  • Activate Lending for Algorand in the Lending menu.
  • Read the explanation about the risks of Lending carefully!

What is Lending?

Lending allows you to earn a return on your crypto by lending it out. As soon as you activate Lending, your coins will be lent out to parties carefully selected by us. In return, you will receive a fee for the coins you have lent out. Want to know more? Read all about Lending at BLOX here.

  1. The Lending yield percentage of 5% (based on an annual percentage yield or APY) on ALGO applies from Monday 14 April 00:00 to Sunday 27 April 2025 23:59.
  2. After the promotional period, the Lending of your ALGO will continue according to the Lending conditions, but the market-conform yield percentage of 1% will apply again.
  3. You can always turn off Lending, both within the promotional period and afterwards.
  4. BLOX reserves the right to change the promotional conditions in the meantime or to stop the promotion or to maximize its size. Therefore, no rights can be derived from this promotion.
  5. BLOX reserves the right to exclude participants who abuse the promotion.
  6. BLOX must comply with laws and regulations and remains entitled to take appropriate measures at all times.
  7. In all cases not provided for in these conditions, a decision will be made by BLOX.
  8. The user agreement remains fully and integrally applicable.
  9. These conditions are subject to Dutch law.