One of the sneakier things Coinbase does is make it look like you are earning interest on your USDC, when you aren’t. 

You have to manually elect to. 

The standard rate is off by default unless you switch it.

The Farcaster formerly known as Kchamp. Books, beats, bodybuilding, bright ideas and beautiful things.

katherinechampagne.com

Getting the world onchain w/stablecoins @base @coinbase 🟪 #18 

I boosted this reply and really appreciate you looking and fixing for others. Thank you Will and thank you Coinbase

Circling back here, you helped us find a frontend bug thank you. Although you were enrolled & accruing from when you deposited, we took too long to update that toggle state in the frontend.

We’re fixing since this is confusing- please keep the feedback coming!

This was default off 😂 I was shocked. I manually flipped it back!

Mind sharing if this was default off for you when you clicked this setting, so we can investigate? All eligible customers will be automatically opted into USDC Rewards. And since you see the rate, you should have been eligible. We’ll investigate if you can confirm this 🫡

neuroscience phd, healthcare marketer, interfaith chaplain. co-host of the /okbanger show and vibe imagineer for /christin. https://seemore.tv/christin

I just put USDC in there for savings and almost got got. Was appalled. Wanted to warn 😂

WHAT

Ok I checked and I guess past christin did turn it on

But dang that is misleading 😤

Sneaky yes but I cant hate too much on it. Free money!

Next, can we figure out why despite putting more usdc into coinbase, the interest I make month to month keeps going down?