What Is FameEX Simple Earn? A Guide to Flexible and Fixed Products

FameEX Earn is a digital asset earning service that allows users to subscribe to earning products with idle account assets. Interest is calculated and distributed according to the rules of each product. FameEX Earn offers Simple Earn in two product types: Flexible and Fixed. These products differ in their terms, interest distribution, redemption rules, and automatic features. Users can select a product based on their liquidity needs and asset plans.

1. What Is FameEX Simple Earn?

After your Earn subscription is confirmed, interest is calculated based on the APR shown on the product page, the applicable calculation method, and the holding period.

Simple Earn currently includes:

• Simple Earn Flexible: For greater liquidity and supports redemption at any time.
• Simple Earn Fixed: With a fixed term and is suitable for users who do not expect to use the assets during that period.

2. What Is Simple Earn Flexible?

Simple Earn Flexible has no fixed holding term. After subscribing, users can earn hourly interest according to the product rules and redeem their assets when needed.

The main features of Flexible Products include:

• No fixed maturity date
• Interest is distributed hourly by default
• Partial and full redemption are supported
• Tiered APR may apply to certain products
• Auto-Subscribe may be available
• Existing holdings apply the updated APR from the next interest calculation hour

Interest is expected to start accruing at the next full hour after the subscription is completed. The first interest payment is expected in the following hour. Please refer to the timeline shown on the subscription page and the actual credit record for the final timing.

Who Are Flexible Products Suitable For?

Flexible Products are suitable for users who want to earn interest on short-term idle assets while maintaining access to their funds. Users who may need assets for trading, withdrawals, or other purposes can redeem at any time. They can also enable Auto-Subscribe to make ongoing use of available balances.

3. What Is Simple Earn Fixed?

Simple Earn Fixed has a specified holding term. Available terms may include 7 days, 30 days, 60 days, or other periods offered on the platform.

The main features of Fixed Products include:

• A fixed holding term
• Interest is distributed daily by default
• Each subscription is calculated separately
• Principal returned upon maturity
• Early redemption is supported
• Auto-Renew may be available

Interest is expected to start accruing at the specific time on the day after subscription. It will then be distributed according to the applicable product rules. At maturity, the principal will be credited to the Spot Account.

4. What Should You Know Before Redeeming a Fixed Product Early?

Fixed Products support early redemption. However, all interest already distributed for that subscription will be deducted from the principal. The remaining amount will then be credited to the Spot Account. Early redemption must be completed for the full subscription amount. Partial redemption is currently not supported. Before subscribing to the Fixed Product, users should confirm that they will not need the assets during the selected term.

5. What Is the Difference Between Simple Earn in Flexible and Fixed?

6. Which Account Is Used for Simple Earn Subscriptions?

When subscribing to the FameEX Earn product, the system combines the available balances in the Spot Account and Funding Account. The required assets are deducted from the Spot Account first. After the subscription is completed, the position is recorded in the Earn Account.

The maximum subscription amount is determined by the lowest of the following:

• Available account balance
• Remaining personal subscription limit
• Remaining product quota

Even when the account balance is sufficient, the full amount may not be available for subscription due to personal or product limits.

7. Which Account Receives Interest and Returned Principal?

Interest from Simple Earn in Flexible and Fixed Products is credited to the Spot Account. Principal returns after a Flexible redemption, Fixed Product maturity, or early fixed redemption are also credited to the Spot Account. Users can view the related subscription, interest, and redemption records in the Spot Account transaction history.

8. What Is Auto-Subscribe?

Auto-Subscribe is available only for Flexible Products. Once enabled, the system uses available balances in the Spot Account and Funding Account to subscribe to the selected Flexible Product at 08:00 and 20:00 each day (UTC+8).

If the available balance does not meet the minimum subscription amount, the scheduled subscription will not be completed. No assets will be deducted. The system will complete a later scheduled subscription once the available balance meets the minimum requirement.

9. What Is Auto-Renew?

Auto-Renew is available only for Fixed Products. Once enabled, the system uses the principal returned at maturity to subscribe to the same Fixed Product again. This process does not depend on the available balance in the Spot Account or Funding Account at that time.

If the original Fixed Product has been removed, the principal will be subscribed to a Flexible Product in the same asset according to the applicable product rules. If the relevant product is unavailable or the asset has been delisted, Auto-Renew will stop and the principal will be credited to the Spot Account.

10. Common FameEX Earn Terms

Before subscribing, users should understand the following terms and product rules:

• Product Type: Products are classified as Flexible or Fixed. Flexible Products have no fixed holding term, while Fixed Products have a specified term.
• Term: The number of days a Fixed Product is held. The principal is returned according to the product rules at maturity.
• APR: The estimated annual percentage rate used to calculate projected interest. It does not represent fixed or guaranteed returns.
• Minimum Subscription Amount: The minimum amount required to subscribe to a product. A subscription below this amount cannot be completed.
• Personal Limit: The maximum amount a single user may subscribe to a product.
• Product Quota: The total amount available for subscription. Once the quota is filled, the product will display as Not Available and stop accepting subscriptions.
• Interest Start Time: The time when subscribed assets begin accruing interest.
• Interest Distribution Time: The time when interest is credited to the Spot Account. Please refer to the actual credit record for the final timing.
• Redemption: The process of returning principal from an Earn Product to the Spot Account. Flexible Products support partial or full redemption. Early redemption of a Fixed Product must be completed in full, and previously distributed interest will be deducted from the principal.
• Auto-Subscribe: A Flexible Product feature that automatically uses eligible available balances for subscription according to the applicable rules.
• Auto-Renew: A Fixed Product feature that uses the principal returned at maturity to subscribe again.

FAQ

What products are currently available through FameEX Earn?

FameEX Earn offers Simple Earn in Flexible and Fixed Products. Available product types and supported assets may change. Please refer to the FameEX Earn page for the latest information.

2. Do Flexible Products have a fixed maturity date?

No. Flexible Products have no fixed holding term. Users can submit a partial or full redemption based on their needs.

3. Can I redeem a Fixed Product before maturity?

Yes. Early redemption must be completed for the full subscription amount. All interest already distributed for that subscription will be deducted from the principal.

4. Why can I not subscribe with my full account balance?

The available subscription amount depends on more than the account balance. It may also be limited by the minimum subscription amount, the personal subscription limit, and the remaining product quota.

5. How should I choose between Flexible and Fixed Products?

Flexible Products may be more suitable when liquidity is important or when the assets may be needed in the short term. Fixed Products may be considered when the assets can remain subscribed for a specified period and the user accepts the applicable early redemption rules.