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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.
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.