Trending topics
#
Bonk Eco continues to show strength amid $USELESS rally
#
Pump.fun to raise $1B token sale, traders speculating on airdrop
#
Boop.Fun leading the way with a new launchpad on Solana.
aave has a new app
5% yield on usd as the base rate
you can boost that rate by doing kyc (extra 1% yield) or referring a friend (extra 0.5% yield) or setting up automatic deposits (extra 0.5% yield)
they have an insurance program natively at the protocol level (umbrella) and then they have additional insurance through relm, up to $1m per user
easy to login, easy to deposit
feels like a decent competitor to high yield savings accounts, online banks, and other mediocre tradfi yield products
so what do we think
have they sufficiently mitigated crypto risk?
do we trust the $1m insurance policy?
if defi crashes and burns (smart contract risk, oracle risk) will the insurance policies be sufficient?
will the insurer (relm) be solvent in catastrophic scenarios?
is this a legit competitor to tradfi savings apps?
will aave app get traction with normies?

Top
Ranking
Favorites

