4d • General discussion
Robinhood Earn 7%APY
Would love thoughts on the new DeFi lending product they just announced for US customers in the Robinhood app.
- It lets users put crypto to work and earn yield through an embedded self-custody wallet, without needing to set up a separate wallet or jump across multiple apps.
- It’s powered by the Robinhood chain and uses USDG, their dollar-backed stablecoin.
- They said it launches at 7% APY and that the rate is tied to loan volume so it should be more stable than teaser rates that drop quickly.
2
2 comments
Robinhood Earn 7%APY
Leaderboard (30-day)
1
+8
2
+7
3
+6
4
+6
5
+5
Powered by