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Locking USD in a fixed-term savings account in Argentina gives me 2% APY, with a min 6-month lockup. Buying stables in any neo-bank and lending USDC on Aave v3 yields 11%+ APY or staking sDAI earns 5.5%, all with no lockup. Consumer DeFi needs to accelerate.

6/ sfrxUSD Until now, we have been conservative with our savings offering $sFRAX which has grown to $60M TVL. With Staked frxUSD $sfrxUSD we will concentrate our strategies to make it the top risk-adjusted yield in DeFi, regardless of the environment. Set and forget savings.

We’re excited to see sam.frax and the Frax Finance ¤⛓️¤ team share our vision for DeFi-native savings with frxUSD. At Bento, we’re cooking bentoUSD. Liquid, non-custodial savings product designed to deliver low-risk , diversified all-weather yields on USD stablecoins.

Warren Buffett is a legend.

welcome to the modern world Stiglitz! x.com/business/statu…