What is Elios Earn?
Elios Earn lets eligible users access stablecoin yield opportunities through supported DeFi protocols or third-party vault providers.
Is Earn a savings account?
No. Earn is not a bank account, deposit, or savings product. Funds used in Earn are not protected by deposit insurance and returns are not guaranteed.
Is the APY fixed?
No. APY is variable. It can change based on market conditions, protocol performance, liquidity, borrower demand, incentives, and other factors.
What does APY mean?
APY means annual percentage yield. It is an annualized estimate, not a guaranteed future return.
How is yield generated?
Yield may be generated through supported DeFi strategies such as lending markets or vaults.
Which protocol does Elios use for Earn?
Elios uses supported DeFi partners such as HyperLend at launch. The exact available vaults and protocols are shown in the app.
Does Elios guarantee yield?
No. Elios does not guarantee yield, principal, liquidity, or protocol performance.
Can I spend directly from Earn?
Not yet. Funds held in Earn vaults cannot currently be spent directly. To use them, first withdraw the funds to your Elios account. Only your Elios account balance can be used for card payments and transfers.
Direct spending from selected vaults is on our roadmap, with each vault’s spendability clearly indicated in the app.