Note that it's likely to go down to get in line with other HYSAs over time (and it's fairly easy for them to change the winning probabilities to hit any interest rate). Currently they're just burning VC cash to get users...
Prizepool (https://getprizepool.com/) is another player in this space, unsure where they're at though (I know we could do the math, I just haven't).
- founder's comments (claims ~3%): https://news.ycombinator.com/item?id=23786893
- the math (~3.4%): https://news.ycombinator.com/item?id=23781247
Note that it's likely to go down to get in line with other HYSAs over time (and it's fairly easy for them to change the winning probabilities to hit any interest rate). Currently they're just burning VC cash to get users...
Prizepool (https://getprizepool.com/) is another player in this space, unsure where they're at though (I know we could do the math, I just haven't).