How Do Bonus Vouchers Work on 8lends?

Your 30 USDC welcome bonus does not land in your wallet — it waits for your next investment. Here is how the 30-day voucher clock actually works.

8lends rewards certain user activities with USDC vouchers instead of sending the bonus to the user's wallet. A user can see the voucher after signing up on 8lends, but it remains locked until they complete KYC and make an investment. It can only be used with a new investment of at least 100 USDC. The bonus is paid out together with that investment once the principal is repaid. This approach encourages users to keep investing instead of rewarding a one-time action.

Why does 8lends use bonus vouchers?

Previously, bonuses for simple actions, such as making a first investment, were sent directly to the user's wallet as soon as the requirement was met. While this rewarded the user, it gave them no reason to keep investing—the bonus was received, and that was the end of their interaction with the platform.

With vouchers, the bonus isn’t going anywhere, but it is not paid out on its own. Users receive it only after making another investment. This turns a one-time reward into an incentive to invest again, benefiting both the user, who receives additional funds for future investments, and the platform, which encourages repeat investments.

What bonuses are issued as vouchers?

Both voucher types follow the same rules for activation, payout, and expiration. The only difference is the voucher amount and the action that qualifies the user for it.

How is the voucher activated?

The voucher is not credited to the user's wallet when it is awarded. Instead, it remains pending until the activation requirement is met:

• the user makes another investment, meaning a new investment that is different from the one that qualified them for the voucher. This investment must be at least 100 USDC. Once the investment reaches maturity and the principal is repaid, the voucher is paid out together with it.

This means there can be two investments between the moment the voucher is awarded and the moment the user actually receives it: the investment that unlocked the voucher and the investment that activated it.

Can you apply multiple vouchers at once?

No. You can only use one voucher for each investment. Even if you have both a Welcome Bonus voucher and a Maclear Transfer Bonus voucher, you can't use both on the same investment. But you can use them on two different investments. For example:

• Investment #1: You invest 100 USDC and apply the Welcome Bonus voucher.
• Investment #2: You invest 100 USDC and apply the Maclear Transfer Bonus voucher.

The voucher amount is kept separate from your investment and is not added to the project's funding. It does not increase the amount invested in the project or the amount received by the borrower. As a result, you do not earn interest on the voucher amount. You earn returns only on the money you actually invest.

What happens to the voucher if you sell the investment on the Secondary Market?

If you sell the investment linked to an activated voucher on the Secondary Market before it reaches maturity, that voucher expires. You automatically receive a new voucher for the same amount with a new 30-day expiration period starting from the reissue date.

This way, you keep the bonus even if you sell the investment before maturity. However, you'll need to activate the voucher again by making a new investment. It is no longer linked to the investment you sold.

How long is the voucher valid, and what happens if I don't use it?

The voucher is valid for 30 days. The countdown starts when you earn the voucher—that is, after you complete the original requirement (KYC and an investment, or a transfer from Maclear), not when you make the investment that activates it.

If you don't make another investment of at least 100 USDC within those 30 days, the voucher expires and can't be restored. The only exception is if you sell the linked investment on the Secondary Market. In that case, you automatically receive a new voucher with a new 30-day expiration period.

Frequently Asked Questions

Do vouchers replace the referral program and Proof of Loan? No. Bonus vouchers only apply to the Welcome Bonus and the Maclear Transfer Bonus. The referral program and Proof of Loan continue to work as before and are not affected by this change.

Does the crypto course completion bonus count as a voucher? No. This bonus is still credited directly and is not part of the voucher program.

Can I use a voucher to make an additional investment in a project I've already invested in? Yes, but only if the additional investment is at least 100 USDC. A smaller investment will not activate the voucher, regardless of whether you invest in a new project or one you've already invested in.

What if I have both a Welcome Bonus voucher and a Maclear Transfer Bonus voucher? You can keep both vouchers at the same time, and each one has its own 30-day expiration period. However, as explained above, you can only use one voucher for each investment.

Is the voucher paid in USDC or 8LNDS? The voucher is paid in USDC, just like your investment.

See also: What Is the Minimum Investment Amount? What Returns Can Investors Expect?, Glossary: Key 8lends Terms

Risk Disclosure: Bonus vouchers do not increase the security of an investment or reduce the borrower's credit risk. You receive the voucher only after the principal from the qualifying repeat investment is repaid, and it carries the same default risk as that investment. Investing on 8lends involves risk, including the possible loss of principal. Returns are not guaranteed.

8lends is operated by Alpha Systems LLC, a registered VASP supervised by the FSA of Saint Vincent and the Grenadines. Maclear AG (Switzerland), a member of PolyReg SRO supervised by FINMA, acts as Collateral Agent. Regulatory framework as of July 2026.