Lottery Account migration, monthly interest payments, and our first multi-chain integration proposal.

We’re busy getting the next set of updates and improvements ready for Gluwa Invest. These include several notable changes to our Invest products, including sUSDC-G migrations for existing Lottery Accounts, as well as the implementation of monthly interest rates for the Investor DAO.

Read on for an update on what we’re working on, and how these changes might affect you. We’ll be announcing more information on each change closer to launch.

Lottery Account sUSDC-G Migration

We’re migrating the Lottery Account onto BNB Chain. This means we’ll be converting existing account holders assets from sUSDC-G → USDC (BEP-20) at a ratio of 1:1. This process is completely free of charge. We’ll let you know when the exact timeframe has been decided.

Lottery Account Events

Even though we’re not currently accepting deposits, we’ll still be hosting CTC giveaways for all of our current Lottery Account investors during the chain migration period 😊

Investor DAO Monthly Interest Payments

Our most exciting update will be the introduction of monthly interest payments for the Investor DAO. Sadly, monthly interest payments won’t be retroactively applied to our current Jenfi deal, so if you’ve invested already, you’ll still have to wait for the repayment date to get all of your interest.

But, we do have some other bonuses planned to sweeten the Jenfi deal… Tap the notification bell on twitter to hear as soon as our bonus offer goes live!

Investor DAO BNB Chain Proposal

We’ll be announcing our first multi-chain integration proposal to the DAO once governance features go live. This integration proposal will give Investor DAO members the opportunity to vote on whether to support investment with BEP-20 USDC (BNB Chain).

Want to join the Investor DAO and start earning up to 20% APR on real-world assets? Head over to our KYC and Signup guide for everything you need to know.

Download the Gluwa App to join RWA today: 🍏 Apple | 🤖 Android

About Gluwa

Gluwa is an RWA platform, connecting capital from developed markets to emerging market lending opportunities using blockchain technology. Investors can use the Gluwa Invest platform to partake in debt-financing deals with emerging market fintech lenders, earning up to 20% APR on their USDC.

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