Here are some key features of DUO:
1. Fixed APR, unaffected by market volatility
The APR is fixed at the time you open a DUO. This means your yield is determined upfront and does not change during the term, regardless of short-term market movements. However, final settlement may occur in either of the two assets, depending on the price at expiry.
2. No hidden fees or rollover charges
Wirex DUO does not charge any setup, management, or rollover fees. The amount you see at the time of investment is based solely on the fixed APR, duration, and deposit amount. However, the value of your return may vary, as your payout may be made in a different asset than you deposited.
3. Increased units through fixed yield
Even if the value of the payout token decreases, the number of tokens you receive may be higher due to the fixed yield. This can offer potential upside if the payout asset appreciates in future. You may choose to convert it to other tokens or use it to open a new DUO, depending on your investment strategy.