How does the Flex vault works?

By placing funds in the Flex Vault, your daily yields are automatically added to your initial deposit and reinvested in your account to generate yields for the following day. This allows you to benefit from compound yields and generate higher returns in the long term. 

With Akt.io, you can now enjoy attractive returns with optimal flexibility and no limit of deposit. 

An optimal flexibility? 

Indeed, our Flex Vault allows you to withdraw your funds whenever you want; they are never locked. Moreover, your yields are calculated and credited every day so you can benefit from it 365 days a year. 

Unlike a traditional savings account, our Flex Vault is unique as it is present on the Blockchain. This is its strength: thanks to decentralized finance tools, we are able to offer compound yields, and more importanty, much more attractive yields rates than traditional savings accounts:

5% APY and 6.5% APY if you have the Ambassador status. 

These compound yields are not provided at the expense of our user's security: in order to offer them, we work in partnership with MIMO Capital AG, a company specialized in tokenization and blockchain resgistered with the Financial Market Authority (FMA) of Liechtenstein. 

Please note that you can create as many Flex Vaults as you want in the Akt.io App, which allows you to set up multiple seperate savings for your personal projects. For example, you can create a Flex account for furniture, an other one for your bills, one for your vacations and so on. 

When you deposit Euros or USDT in our Flex Vault, we automatically convert your deposit in EURO PAR, which is a digital euro backed by the euro and developped by Mimo Capital, with a 1-to-1 ratio, ensuring security and stability. 

The PAR is a stablecoin collateralized by more than 6 different tokens on 3 different blockchains. 

The anchoring of PAR is guaranteed, meaning that if PAR is traded at less than 1€, the market is incentivized to buy PAR on the markets and repay their debt at a reduced rate. All of this ensures that PAR always maintains a value close to 1€. 

Your digitized euros are on the blockchain and contribute to its development. The blockchain is the foundation of decentralized finance, through which your digital euros earn daily yields. 

 Thanks to a diversified and smart allocation, your Flex Vault allows you to maximize the yields on your deposits whithout any limit while maintaining access to your capital at all times. Your savings account allocation consists of a EURO PAR reserve, ensuring its liquidity and two investment compartments. 

If you make a deposit into your Flex Vault before 5PM, the yields will be credited the next day at 5PM, this way it will allow us to collect your funds and make them available on the Mimo Defi platform. 

If you make a deposit after 5PM then the yields will be credited 2 days later because your funds couldn't be made available in time in the Mimo pool used to generate yields. This is why Mimo only takes into account your funds on the day following the deposit as they need to be added to the pool available to the markets.