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Cryptocurrency protocols can provide significantly higher interest than savings accounts.
What is SimpleYield?
SimpleYield is a managed crypto wallet solution that allows users to interact with blockchain protocols without needing to have any technical knowledge.
Why blockchain?
Blockchain technology allows for decentralized financial protocols that produce yield (interest) far greater than traditional financial accounts like savings or money market accounts.
What are the risks?
SimpleYield works with reputable protocols that have been audited and secure tens of millions of dollars. However, even audited protocols can be exploited. It is important to note that deposits into these protocols are not insured, and there is risk associated with depositing.
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