This task can be performed using Nook Savings
A savings app that earns 3x your bank - iOS only
Best product for this task
Nook Savings
web3
Nook is a modern savings app that unlocks the power of DeFi, giving anyone access to high-yield, non-custodial savings with complete transparency and control. Unlike traditional savings apps, Nook connects your funds directly to vetted DeFi lending protocols, letting you earn more on stablecoins like USDC while keeping full ownership of your assets.
What to expect from an ideal product
- Nook connects your money directly to high-yield DeFi lending protocols that typically offer 4-8% returns compared to traditional banks paying under 1%
- You keep full control and ownership of your funds since Nook is non-custodial, meaning your crypto savings aren't locked up or controlled by the app
- The platform focuses on stable cryptocurrencies like USDC that don't have wild price swings, so you get steady returns without the roller coaster ride
- Everything is transparent so you can see exactly where your money goes and how much you're earning, unlike traditional banks that keep their lending profits
- You can access vetted DeFi protocols without needing to understand the technical stuff or worry about picking the wrong ones yourself
