The interest rates on crypto are high

The best rate available now, around ~13% on dollar-backed stablecoins, is on Fulcrum (bZx). The rates available from BlockFi, Nexo and other centralized and regulated players is ~8%. I’m not taking advantage of the higher rate. A friend explained his aversion this way: “If BlockFi loses my money it’s their fault. If I lose my money on Fulcrum it’s my fault.” | learn more