Earn up to 6.25% yield on a balance used for everyday spending

Posted by ckshei on Tuesday October 12, 2021 @10:40AM
from the thresholds.io dept.

https://www.thresholds.io/

( 5 comments | 8 points | on HN )

Re:Earn up to 6.25% yield on a balance used for everyday spe... by mytailorisrich on Tuesday October 12, 2021 @10:51AM (#28840455)

"Thresholds converts your balance into a stable digital currency pegged to the US dollar, and then lends your dollars through various DeFi projects to earn high interest rates."

"Interest is earned as shares of an actively managed portfolio of the top performing cryptocurrencies,"

Oh dear...

[ Parent | on HN ]

Re:Earn up to 6.25% yield on a balance used for everyday spe... by EricButton on Tuesday October 12, 2021 @10:45AM (#28840359)

How long would it take to withdraw money from the account?

[ Parent | on HN ]

Re:Earn up to 6.25% yield on a balance used for everyday spe... by heykostar on Tuesday October 12, 2021 @10:43AM (#28840328)

So what do you mean by this? How does it work?

[ Parent | on HN ]

Re:Earn up to 6.25% yield on a balance used for everyday spe... by zachmo on Tuesday October 12, 2021 @10:59AM (#28840565)

Glad to finally see someone doing this!

[ Parent | on HN ]

Re:Earn up to 6.25% yield on a balance used for everyday spe... by rachel_zimmer on Tuesday October 12, 2021 @10:47AM (#28840394)

Yes pls

[ Parent | on HN ]