Donut Description
Achieve a 4% yield with savings driven by decentralized finance. Simply link your bank account and begin your savings journey in less than five minutes. Experience a 4% APY made possible by the innovations of DeFi. With over $5 million currently generating interest securely through top-tier lending partners, your funds are in good hands. These partners leverage your deposits to offer competitive variable interest rates via a global, decentralized network of borrowers. We prioritize your security by utilizing highly collateralized platforms like Compound. Enjoy the flexibility of earning either variable or fixed interest in real time, available around the clock, with annual rates potentially reaching 20 times higher than typical bank offerings. Relax as you witness your money grow consistently every single day—it's continuously working for you. Additionally, the benefits of decentralized finance provide an exciting opportunity to maximize your savings potential.
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Likelihood to Recommend to Others1 2 3 4 5 6 7 8 9 10
Setup is fast and easy Date: Dec 14 2021
Summary: So far so good. I give it a 9 out of 10 only bc I wanted 10% not 6% lol I’m getting greedy. I will be trying out some competition as well but Donut is a strong investment app to put your money to work for.
Positive: The people at donut make you feel comfortable throwing 25k to them knowing you're getting at least 6% Apr coming back to you. Setup is so easy and fast you can start earning in minutes!
Negative: The fact they say up to 10% apr when it’s really only 6%. You can earn 1% Apr by referring people but it’s only temporary.
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