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Voyager to Pay Interest on DeFi Tokens to Gain Brokerage Clients

LINK, KNC and BAT bring the number of tokens in Voyager's interest payout program to 17.

By Danny Nelson
AccessTimeIconAug 27, 2020 at 6:45 p.m. UTC
Updated Sep 14, 2021 at 9:49 a.m. UTC
Voyager founder and CEO Steve Ehrlich (right)
Voyager founder and CEO Steve Ehrlich (right)
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Canadian cryptocurrency broker Voyager Digital is trying to woo decentralized finance (DeFi) investors by offering interest payouts on three surging DeFi tokens.

  • The publicly traded fintech said it has added chainlink (LINK), kyber network (KNC) and the basic attention token (BAT) to its crypto interest program, offering clients 1% returns on BAT and KNC and 2.5% on LINK.
  • Crypto investors are already pouring millions of dollars into DeFi projects this summer, especially LINK, which posted nearly $1 billion in 24-hour trading volume, according to CoinGecko.
  • Polkadot's native dot token, another heavily traded DeFi darling, was also added to Voyager's exchange earlier this week.
  • Voyager did not immediately respond to CoinDesk queries.

See also: Voyager to Offer Interest on Three Newly Listed Stablecoins

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