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A comment on IRS Files $44B Claims Against Bankrupt FTX. Parent comment

Re:IRS Files $44B Claims Against Bankrupt FTX by prepend on Thursday May 11, 2023 @03:32PM (#35907262)
In FTX’s case it’s impossible to hold your keys, right. The condition to get interest payments is to allow them to manage your funds and invest/loan/etc.

Is there any crypto “bank” that promises to pay interest while you hold your own keys?

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Re:IRS Files $44B Claims Against Bankrupt FTX by cwkoss on Thursday May 11, 2023 @04:36PM (#35908045)
There are decentralized staking mechanisms, but you do take risk in exchange for the interest rewards.
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Re:IRS Files $44B Claims Against Bankrupt FTX by tornato7 on Thursday May 11, 2023 @10:03PM (#35910987)
If interest rates are any indication, depositing DAI on Aave for example is seen by the market as lower risk than US Govt treasuries.

This makes some sense, as with treasuries you run the risk of not having access to your cash when you need it because of trade and settlement windows. Funds in Aave are 100% liquid.

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