# Savings

**Savings** is a fixed-term savings program on the platform **ONFA Wallet**, providing users with a secure investment solution with preferential interest rates. Unlike the Earning format, Savings helps you:

✓ Receive significantly higher interest rates.\
✓ Interest is paid at maturity.\
✓ Enjoy additional benefits according to VIP tier.\
✓ Ensure the safety of invested capital.

**The main interface comprises two important sections:**

* **Ongoing**: Monitor active savings positions.
* **Farming**: Manage the history of matured positions.

The program is suitable for investors seeking to optimize long-term returns with minimal risk.

### **A. Feature introduction**

#### **1. Ongoing interface**

When accessing the **Savings**section, the system will display:

* List of supported currencies.
* Available savings cycles.

<figure><img src="https://3543960588-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHVUlozWTsEZi0p2AOyyB%2Fuploads%2FaL03C6kCAQ7yk9zNBDkS%2FSnag_39fba9a9.png?alt=media&#x26;token=5fa6a857-d52b-4857-b953-cac3c3e3417b" alt="" width="563"><figcaption></figcaption></figure>

**3. Farming interface**

This section provides detailed information on:

* Savings packages in which the user is participating.
* Important information:
  * Currency type
  * Savings cycle.
  * Expected returns.
  * Package status.

<figure><img src="https://3543960588-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHVUlozWTsEZi0p2AOyyB%2Fuploads%2FtLdDADjsXsRakrbJA2Qk%2FONFA%20Saving%20Farming.png?alt=media&#x26;token=b1b304ed-ab1e-4175-9e30-eb8ed7491325" alt="" width="563"><figcaption></figcaption></figure>

> **Note:**
>
> * Farming automatically updates the status of packages.
> * You can view the history of completed packages.

**4. Notable advantages**

✔ Higher interest rates than standard Earning.\
✔ Centralized management within one interface.\
✔ Transparent information, updated in real time.\
✔ Diverse maturities and asset types.

### **B. C**main operations

#### **1. Key characteristics**

* **Savings cycle**: Higher interest rate than Earning but paid only at maturity.
* **Supported assets**: OFT, PI, OFG, MTT, OHO.
* **Auto-renewal**: The system automatically reinvests at the end of the cycle.

#### **2. Important policies**

* **Early withdrawal:**
  * Forfeit all accumulated interest.
  * Penalty **30%** the principal amount.
  * Not applicable to already matured packages.
* **Cycle selection.**

| Term  | Advantage            |
| ----- | -------------------- |
| Short | Flexible             |
| Long  | Higher interest rate |

* **Manage savings packages**
  * **Ongoing**: Monitor active packages.
  * **Farming**: View history of completed packages.
* **Important note**
  * Always check the term before depositing.
  * Consider capital usage requirements.

### C. Instructions for depositing into Savings

#### **1. Select currency and savings cycle.**

* Go to **Savings** → Select the **Ongoing**
* Choose the currency to deposit (currently supported **OFT, PI, OFG, MTT, OHO**)
* View the list of available cycles:
  * Compare interest rates (% APY).
  * View the lock period.
  * Choose a suitable cycle.

<div><figure><img src="https://3543960588-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHVUlozWTsEZi0p2AOyyB%2Fuploads%2FDF2EmCEjGP5nLUUt03lw%2F2025-06-20_16-08-11.png?alt=media&#x26;token=6a46bf4b-15c8-480f-bde9-b7b1879a051e" alt="" width="236"><figcaption></figcaption></figure> <figure><img src="https://3543960588-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHVUlozWTsEZi0p2AOyyB%2Fuploads%2Fct4HpweI5wIHCLgYau7x%2Fimage.png?alt=media&#x26;token=cde4dd50-aeaf-4ebf-8a83-1318a31aeb66" alt="" width="246"><figcaption></figcaption></figure></div>

#### **2. Confirm the transaction**

* Enter the amount **currency** to deposit:
  * Enter manually or select **MAX** to deposit the entire balance.
* The system displays the information:
  * Available balance .
  * ROI rate (%).
  * Selected cycle.
  * Total expected profit (Total Profit).
* Press **"Saving"** to confirm.

<figure><img src="https://3543960588-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHVUlozWTsEZi0p2AOyyB%2Fuploads%2FDSPUhF7Ccvm7DzLpLHdI%2Fimage.png?alt=media&#x26;token=31d3f309-267e-4489-871b-da282847faea" alt="" width="246"><figcaption></figcaption></figure>

#### **3. Monitor and manage packages**

* Go to the **Farming** to view:
  * Active packages.
  * Transaction history.
  * Details of each savings package.
  * Press **CANCEL (Cancel package)** **IF** you wish to cancel the cycle package.
    * Note: Early cancellation does not receive interest and is subject to a 30% deposit penalty

<figure><img src="https://3543960588-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHVUlozWTsEZi0p2AOyyB%2Fuploads%2Ffu1WF5u1hLPF4Ygqf8zQ%2F2025-06-20_16-09-33.png?alt=media&#x26;token=b88a4226-fb29-4725-8c00-6437e7d36a22" alt=""><figcaption></figcaption></figure>

> *Important notes:*
>
> * **Early cancellation**: Lose 30% of the principal + all interest.
> * **Auto-renewal**: Can be toggled on/off in package details.

#### **4. Auto-renewal function**

* **When enabled**: Automatically reinvest at maturity.
* **When disabled**: Stop after the current cycle ends.
* How to operate:
  1. Enter the package details.
  2. Toggle the **"Auto-renewal" button.**
  3. Confirm the change.

<figure><img src="https://3543960588-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FHVUlozWTsEZi0p2AOyyB%2Fuploads%2FcdSPDlhpAkGINiuieCDQ%2FONFA%20Saving%20Renew.png?alt=media&#x26;token=491bae50-6ce7-4509-8cb5-8b781dba04a7" alt="" width="563"><figcaption></figcaption></figure>

{% hint style="info" %}
**Usage tips:**\
✔ It is recommended to enable auto-renewal to avoid missing new cycles.\
✔ Carefully review information before confirming.\
✔ Monitor regularly in the Farming section.
{% endhint %}