💰 Earn high-yield interest on your personal or corporate U.S. Dollars treasury. 🛡 We comply with best-in-class security and compliance requirements. 🌱 1% interest on top of your guaranteed 4% interest is directed to carbon removal technologies.
How can you promise 100% safety? Even if your assets are over collateralized by 100% and the market drops quickly by more than 50% won't you be margin called? Also if you have a large over collateralization, how can you still sustain the average 4%?
There are also risks if protocol failure, regulatory problems or other things. Stating 100% security is in my opinion misleading. There is a reason why defi yields more interest than traditional finance, yes it is new and not so crowded yet, however users should also be aware of the different risks involved.
Sorry, this sounds a bit like an attack, but I am curious what your take on those points is
Seeing a lot of these products that claim to offer a high yield, but then have to reduce as lending platform rates are dynamic. On your landing page you mention guaranteed interest. How is the 4% guaranteed? Over what period of time?
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Interesting. What kind of reporting do you provide to show your depositors how their investment is helping control carbon pollution? Also, are you an FDIC insured bank? How is the account accessed day-to-day? Debit card? Digital wallet? Or is this more like a CD? Thanks!
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This is a very intriguing concept! I love the feature of on-demand liquidity, this would definitely be something of use to me along with such a high interest rate seems like a dream! Can't wait to try this app and support the cause behind it.
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Crescent seems like a really innovative idea, the fact that you have a guaranteed 4% interest is something that really intrigues me to use this app. I also really appreciate the fact that a part of the earrings are being directed towards such a pressing issue of carbon pollution. Would love to know more about the process!
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Scale To The Moon
Scale To The Moon