Flexible Savings
Overview
Section titled “Overview”Flexible Term (FLT) allows users to earn daily interest on cryptocurrency in their Savings Account while retaining full access to their funds. There is no lock period, maturity date, or cancellation penalty.
Interest is calculated daily on the minimum balance during the calculation period. This ensures continuous earnings while keeping assets accessible.
Key Concepts
Section titled “Key Concepts”| Term | Definition |
|---|---|
| Flexible Term (FLT) | A flexible earning structure that pays daily interest on assets in the Savings Account without a fixed lock period. |
| Savings Account | The account where assets earn rewards and remain available for withdrawal. |
| Minimum Balance | The lowest balance held during the calculation period, used to calculate daily interest. |
| Daily Rewards | Interest earned daily, based on the minimum balance in Savings. |
| APR | The earning rate, determined by liquidity conditions and the user’s Tier level. |
| Tier Level | The user’s membership level in Qaay, which affects Flexible Term APRs. |
| Qaay Token Bonus (+2%) | An additional 2% reward when interest is received in Qaay Token instead of the original asset. |
| Interest Earned | The total accumulated interest under Flexible Term, shown in the right-hand sidebar of the page. |
| Transactions History | The full record of all credited interest payments, available in the Transactions section. |
| Total Portfolio | The current total value of your Flexible Term assets, shown in USD. This value is based on live market prices and updates in real time. |
| Flexible Term Assets | A breakdown of all assets currently in Flexible Term, showing asset name, amount held, value in USD, and an allocation bar reflecting its relative weight in the portfolio. |
| Total Interest Earned | The total interest earned from Flexible Term since activation. |
How Flexible Savings Works
Flexible Savings operates within Qaay’s Savings structure. Any cryptocurrency in the Savings Account automatically earns daily interest.
This service offers full flexibility. Users can withdraw, transfer, or reallocate assets at any time without penalties or restrictions.
APRs depend on the user’s Tier level. Higher Tiers receive higher rates, rewarding long-term participation.
Users can receive interest in the same asset or in Qaay Token. Selecting Qaay Token adds a 2% bonus.
Flexible Term requires no contract or manual activation. Assets start earning interest as soon as they are in the Savings Account.
Assets in the Account Credit Line are not eligible for Flexible Term rewards. To earn interest, transfer them to Savings. Internal transfers between Credit Line and Savings are instant and free.
There are no limits on receiving interest. Daily rewards accrue as long as assets remain in Savings.
Interest accrues daily based on the minimum balance during the calculation period and is automatically added to the user’s Savings Balance.
Total accumulated earnings are displayed as “Interest Earned” in the right-hand sidebar of the Flexible Term page. This value shows cumulative earnings since activation.
Portfolio performance can be tracked using the Portfolio Chart (7D / 1M / 3M), which reflects changes from deposits, withdrawals, market price movements, and earned interest.
A complete history of all credited interest payments is permanently available in the Transactions section. Each interest distribution is recorded as an immutable entry in the Transaction Registry.
Since Flexible Term has no lock period, assets remain fully accessible at all times. Withdrawals do not result in penalties or loss of previously earned interest.
Best Practices
Section titled “Best Practices”Flexible Term suits users who want to earn interest while keeping full access to their funds. It is ideal for assets that may need to be withdrawn or reallocated at any time.
Flexible Term typically offers lower returns than Fixed Term but provides greater liquidity. Users who do not need immediate access to funds may consider Fixed Term for higher yields.
Tier level is important for maximizing returns. Higher Tiers unlock better APRs and improve long-term earning potential.
Choosing to receive interest in Qaay Token increases return efficiency with an additional 2% bonus.
Strategic use of Flexible Term helps maintain liquidity while generating consistent income within the Qaay ecosystem.