


How do you make money with MyConstant?
You will get three investment options on MyConstant:
1. Flex
This is an anytime withdrawal investment account. It pays 4% APY. Your investments will be used to fund collateralized lending pools. It will also be used as liquidity for trading exchanges. And in return, you will be paid an interest along with a cut from the trading fees. A major disadvantage is that you can withdraw your investment anytime for free.
2. Crypto-backed
This is a P2P lending product that pays you a 7.5% APR. Your investments will fund a lending pool for which you will get your interest. In case borrowers fail to pay the interest their collateral will be sold and you will be repaid. Investments can be made without any charges.
3. Loan Originator
This P2P investment product funds loan originators using your investments. And you get paid 11% as APR. Investors don’t have to worry about borrower defaults because the lending includes a buy-back guarantee.
How does MyConstant earn money?
MyConstant charges a 1% fee on loans borrowed. They also make a small profit out of the difference between the amount earned by investors across various markets and the amount paid to them through flex.
Is MyConstant risk-free?
All lending includes collateral which makes sure your investment is protected. There has been zero investor loss since early 2019.
However, there are a few risks:
1. Constant networks with various exchanges and lending pools to give you better and consistent returns. But getting involved with multiple platforms is a risk to your investment.
2. All lending is not collateralized.
3. Since it’s not a bank account, Flex accounts are not insured.