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Blog > Partnership

Partnership

Astar and MyConstant: Building a New Multichain Future
date May 23, 2022 author George Schooling

Astar and MyConstant: Building a New Multichain Future

AMA Series: Hosting TomoChain on Our Partner Platform, Rove AMA Series: Hosting TomoChain on Our Partner Platform, Rove
date April 8, 2022 author George Schooling

AMA Series: Hosting TomoChain on Our Partner Platform, Rove

FET and MyConstant: Joining Forces FET and MyConstant: Joining Forces
date January 11, 2022 author George Schooling

FET and MyConstant: Joining Forces

Top 7 NFT Collections to Follow this quarter Top 7 NFT Collections to Follow this quarter
date November 16, 2021 author Trevor Kraus

Top 7 NFT Collections to Follow this quarter

MyConstant Integrates Fantom Mainnet into P2P Lending Platform MyConstant Integrates Fantom Mainnet into P2P Lending Platform
date September 23, 2021 author George Schooling

MyConstant Integrates Fantom Mainnet into P2P Lending Platform

Ama Series: Talking Futures with Tomochain Ama Series: Talking Futures with Tomochain
date August 16, 2021 author George Schooling

Ama Series: Talking Futures with Tomochain

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POPULAR ARTICLES

Ama Series: Talking Futures with Tomochain

Ama Series: Talking Futures with Tomochain

MyConstant Integrates Fantom Mainnet into P2P Lending Platform

MyConstant Integrates Fantom Mainnet into P2P Lending Platform

Top 7 NFT Collections to Follow this quarter

Top 7 NFT Collections to Follow this quarter

FET and MyConstant: Joining Forces

FET and MyConstant: Joining Forces

AMA Series: Hosting TomoChain on Our Partner Platform, Rove

AMA Series: Hosting TomoChain on Our Partner Platform, Rove

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2019-2022 Const LLC.
3500 S DuPont Hwy, Dover, DE 19901, USA
Deposit USD Lend USD Deposit Crypto Lend Crypto Transfer USD

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How does MyConstant investing work?

When you invest with us, you first send your funds (either fiat like USD or stablecoins) to our custodial partner Prime Trust, an accredited US financial institution.

Prime Trust then converts your funds to a relevant stablecoin which we then lend on your behalf to collateralized borrowers, liquidity pools, and decentralized exchanges in return for interest.

When you’re ready to withdraw, Prime Trust converts your invested stablecoins back to the relevant currency of your withdrawal request. There is no charge or fees for fiat (USD etc) withdrawals. You’ll keep the interest you earn up to the moment you withdraw your funds.

You can choose our instant access account or invest for a fixed term. Our instant access account has a 24-hour term that’s automatically extended every 24 hours unless you choose to disable the product or withdraw your funds.

All account statements for MyConstant investment products are stated in USD equivalent terms at all times.

Is CONST LLC a bank?

Please note that CONST LLC (hereafter referred to as “we”, “us”, or “Company”) is not a bank or deposit account, nor is it a regulated financial institution. MyConstant tokens are not financial instruments. No interest will be paid on any funds or other assets held in your MyConstant account and all assets directly held by us are not insured by us or, except as set forth below, any third party or any government agency.

We work with independent third-party financial institutions such as Prime Trust to provide cash management for the fiat deposits backing MyConstant tokens, ensuring that all MyConstant tokens in circulation are matched by an equal amount of fiat deposits. To achieve this, the fiat deposits backing MyConstant are held in one or more depository accounts at US banks or trust companies whose deposits may be insured.

Rate is current at the time of reading, and may be subject to change in the future.

Get notified with our latest updates
logo
2019-2022 Const LLC.
3500 S DuPont Hwy, Dover, DE 19901, USA
Our Products
Deposit USD Lend USD Deposit Crypto Lend Crypto Transfer USD Crypto-backed Loans Short Selling Predict Crypto Prices Withdraw USD Withdraw Crypto Gift Cards
About Us
Our story Why people love us Our results so far Pricing and Service times Fee Schedule Security & Risk Conversations Blog
Our Programs
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ic-facebook ic-twitter ic-medium ic-youtube
ic-telegram Live Chat
ic-email Email
ic-phone Support Center
DMCA.com Protection Status
ic-phone +1 646 809 8338
Mon - Fri 9am - 5pm
Mon - Thurs 6am - 3am PST
Terms of Service and Privacy Policy
AML Policy
Loan Matching Service Agreement
KYC guidelines

Is CONST LLC a bank?

Please note that CONST LLC (hereafter referred to as “we”, “us”, or “Company”) is not a bank or deposit account, nor is it a regulated financial institution. Constant tokens are not financial instruments. No interest will be paid on any funds or other assets held in your Constant account and all assets directly held by us are not insured by us or, except as set forth below, any third party or any government agency.

We work with independent third-party financial institutions such as Prime Trust to provide cash management for the fiat deposits backing Constant tokens, ensuring that all Constant tokens in circulation are matched by an equal amount of fiat deposits. To achieve this, the fiat deposits backing Constant are held in one or more depository accounts at US banks or trust companies whose deposits may be insured.

Rate is current at the time of reading, and may be subject to change in the future.