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    Differences Between Bybit Earn Products
    bybit2024-07-24 12:37:03

    Bybit Earn serves as a management platform empowering crypto investors to manage and grow their assets. The product aims for competitive yields and top-notch security, catering to both beginners and seasoned investors.

     

    Bybit Earn contains several secondary products within its offerings. Some products are geared toward risk-averse investors, while others are designed to offer higher yields. Whatever your preferences and inclinations as a trader, you’re sure to find a Bybit Earn product that’s right for you. This versatility makes Bybit Earn one of the best ways to earn crypto.



    Read More

    Best Ways to Earn Crypto & Grow Your Holdings with Bybit






    Let’s take a look at the differences between each Bybit Earn product, allowing you to choose the one that best suits your investment style.







    Product Characteristics

     

    Introduction

    Suitable For

    Bybit Savings

    Bybit Savings allows you to grow your earnings in an almost risk-free way. You can choose between flexible- and fixed-term products that offer competitive and guaranteed APRs.

    — Risk-averse HODLers 

    — Those Seeking Stable Yield

    — Investors who want flexibility in arranging their assets (flexible term savings)

    Liquidity Mining

    Bybit's Liquidity Mining refers to liquidity pools that are based on an enhanced automated market maker (AMM) model. 

    You can add your liquidity to earn yield, and you can  use leverage to increase your share of the pool and maximize returns.

    — Long-term yield seekers

    — DeFi curious investors who would like to try AMM

    — Those seeking trading opportunities in bearish or volatile markets

    ETH2.0 Liquid Staking

    Participate in the Ethereum network's validation process with as little as 0.1 ETH through ETH2.0 Liquid Staking product. This offering allows you to stake your ETH on Bybit, with our system handling the minting process into stETH. You not only earn a daily yield based on your stETH holdings but also have the flexibility to use these tokens as collateral for trading on our Unified Trading Account or our Spot market. 

    — Investors looking to stake their ETH tokens and earn passive income on idle assets.

    — Investors who want to maintain liquidity and flexibility.

    Launchpool

    Bybit Launchpool allows you to stake a specific token and harvest new tokens for free. The tokens you’ve staked can be unstaked at any time, and the number of tokens you earn depends on the number of tokens you have staked in the pool. You may earn your staking currency and a new token simultaneously.

    — Users who wish to harvest new assets. 

    — Investors who desire asset flexibility.






    Product Returns

     

    Source of Yield

    Principal Guaranteed

    Bybit Savings

    Yields are paid out of our platform revenue.

    Yes

    Liquidity Mining

    Yields are generated by providing liquidity to the Derivatives market within Bybit, managed by trusted third parties, which might include entities affiliated with Bybit. No on-chain activity is involved in the yield generation process.

    No

    ETH2.0 Liquid Staking

    When you stake ETH, our system automatically mints it into stETH at a 1:1 ratio. This stETH is then securely stored in your account and you start earning daily yields. On-chain activities are involved in the yield generation process.

    Yes

    Launchpool

    Yields are paid out to users from the funds provided by Launchpool project owners.

    Yes






    Product Risks

     

    Risks

    Risk Level

    Bybit Savings

    — Users are not allowed to unstake their assets until the product plan ends (fixed-term savings).


    — Like other cryptocurrencies in the market, the value of staked crypto assets will fluctuate with market conditions, and there is a possibility of the staked assets declining in value.

    Low

    Liquidity Mining

    — Impermanent loss.


    — Liquidation risk if leverage is applied.

    Medium

    ETH2.0 Liquid Staking

    — ETH 2.0 Staking APR changes dynamically based on on-chain Ethereum staking rewards.


    — Withdrawing stETH will forfeit the yield for that particular day.

    Low

    Launchpool

    — The value of staked crypto assets will fluctuate with market conditions, and there is a possibility of the staked assets declining in value.

    Low



    For more information, please refer to the Bybit Help Center.

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