Huobi Wallet Unveils New Crypto-asset Management Tool, HEarn

Huobi Wallet, a professional multi-currency wallet designed and developed by Huobi Group, has launched a new crypto-asset management tool, HEarn.

According to the official press release, the new addition provides users with greater digital asset investment options and ensures digital wealth management remains safe and secure.

Competitive yield is one of the prominent features of HEarn. HEarn's assets are kept in a special smart contract. It will dynamically monitor the projects on the mainstream public chains in real-time and select competitive APY (annual percentage yield), safe and prudent projects for investment and mining. All mined tokens will be exchanged into mainstream cryptocurrencies before the expiration and return the principal and interests to users.

Based on Huobi Global's leading security technology, HEarn will make complete investigations into popular projects in mainstream public chains, such as team strength, community popularity, and the number of active addresses to ensure the safety of digital assets. Furthermore, a variety of professional hedging and risk control systems will ensure the safety of assets, so users can enjoy high returns without worrying about the safety of their assets.

To meet the needs of users, asset security, and other factors, HEarn listed BTC (Bitcoin), ETH (Ethereum), and USDT in the first phase. In the later stage, HEarn will support more assets and continue to upgrade in accordance with the changes in user and market demands.

"The iteration of blockchain technology promotes the development of the entire industry, new concepts such NFT (Non-Fungible Token), GameFi, and Metaverse have huge impacts on the market," said Liser Lee, Head of Huobi Wallet."Whether you are a senior investor or a new player, you will always find a suitable investment target in HEarn, to maintain and increase the value of your assets."

A special event is now open to users to experience HEarn. Users deposit digital assets into HEarn and redeem the principal after 7 days, then they can enjoy a 7-day 100% annualized rate of return.

As Fazzaco reported earlier, Huobi Wallet has announced the expanded support for the layer 2 scaling solution Polygon​ (Matic). Users can create and import their Polygon addresses through the Huobi Wallet and access decentralized apps (dApps) on the Polygon network.