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How do I know when I am supposed to pay interest next?
When you create your pool, you choose how often you want to pay interest. Interest is compounded — so the more often you pay, the less total interest you’ll owe.
You can choose to pay interest every 1 / 2 / 3 / 6 / 12 months. Your payment date is always: Pool creation date + your chosen interval.
Example
- Pool created: 1st Jan 2021
- Interval: 2 months
- Your interest payments will be due on: 1st Mar 2021, 1st May 2021, 1st Jul 2021… and so on.
You can always see your next interest payment date in your Portfolio.
If you registered your email, we’ll also notify you before each payment is due.
