Victor Ma 🧾 pfp
Victor Ma 🧾
@vm
4% on checking is really good, how is this possible?! https://i.imgur.com/hbJgWrD.jpg
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daniel pfp
daniel
@pcdkd
Terrible name. Several Google searches didn't return their app. Prob something to do with tbills and perhaps subsidizing with their own.
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Connor McCormick ☀️ pfp
Connor McCormick ☀️
@nor
There was a company on here that offered 10% if you put in 5k. It looked legit but sounded too good to be true
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🪷 pfp
🪷
@pdr
4% is really good. 5% is better, capped at $10k https://i.imgur.com/kOCtngr.jpg
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Colin pfp
Colin
@colin
This is higher yield than Mercury Treasury
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Patrick pfp
Patrick
@pc
Likely Treasury yield or some interest rate arbitrage but I’d do some diligence.
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🔮 pfp
🔮
@loracle.eth
Not sure what they can invest in, but right now it's 8% to borrow collateralized USDT so maybe that's what they are doing
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Aram Mughalyan.eth pfp
Aram Mughalyan.eth
@arammughalyan
Too good to be true. DYOR. Gemini/DCG offered 7%. We saw how that ended.
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notqz🎩 pfp
notqz🎩
@fishbiscuit
pppppponzinomics kidding, its probably because t-bills are up
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MC10 | Bankless Consulting 🎯 pfp
MC10 | Bankless Consulting 🎯
@mc10
This is why other risk on options are becoming, well, riskier...
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Geoffrey pfp
Geoffrey
@geoffrey
Interesting
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Sean McCann pfp
Sean McCann
@mccann
Overnight federal funds rate is 4.33%
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