While Compound isn’t 100% safe (nothing is), it’s one of the safest and most established blockchain projects. It has hundreds of millions of dollars worth of crypto locked in its smart contracts. In addition, it’s one of the main drivers of the billion dollar (and growing) DeFi market.Mar 27, 2020
A BlockFi Interest Account lets you earn compound interest on any cryptocurrency you keep in your account. So instead of just sitting there collecting virtual dust while you wait for the right time to sell, your cryptocurrency actually makes you more cryptocurrency. And the current interest rates are pretty impressive.
You deposit your Bitcoin or altcoin with no lockup period or deposit limits, your asset earns compound interest, and you receive payouts and can withdraw your funds at any time. The interest is driven by market effects and is paid out in the same cryptocurrency that you have placed.Jun 1, 2021