Brew Cash is a non-custodial pockets in type of a cell app. It lets its customers spend money on a number of blue-chip DeFi protocols like Aave and Balancer & earn as much as 10% APY in a single single click on.
Decentralized Finance (DeFi), a blockchain-based ecosystem, gives its customers an array of monetary providers corresponding to lending, borrowing, buying and selling, and so on. Nonetheless, the present routes to reap the benefits of the excessive APYs in DeFi are sophisticated for the typical client. It’s each time-consuming and costly.
The digital pockets, Brew Cash, has simplified this technique of leveraging DeFi protocols via its platform, enabling customers to start out incomes 10% APY in just some steps.
Right here’s the way it works:
Step 1: Customers can begin by making instantaneous deposits on the app utilizing Apple Pay with ZERO charges.
Step 2: The funds are then immediately transformed into stablecoin (USDC) and deposited into Blue-Chip DeFi Protocols corresponding to Aave and Balancer.
Step 3: Customers begin incomes as much as 10% APY immediately & can see their cash rising in real-time on the app.
Brew Cash is in Beta proper now.
Early adopters are receiving an unique NFT from their Aaveians Assortment minted to have fun Brew’s Beta Launch. Be a part of the Waitlist now!
Thought-about to be the way forward for finance, Defi’s development is triggered by an a variety of benefits, together with the elimination of service charges charged by intermediaries. DeFi runs on good contracts that present intermediary-free providers.
A sensible contract is a pc program that robotically directs, controls, or information legally necessary occasions as per an settlement. It eliminates the necessity for a 3rd occasion, enabling a trustless system. As soon as deployed, altering a sensible contract will not be attainable.
Brew Cash’s e-newsletter publication DeFi Fridays publishes such academic content material on DeFi each week. From the which means of APY/APR to the ‘Blockchain Trilemma’ and enjoyable information like Rick & Morty’s connection to decentralization, they cowl all of it. Take a look at their latest publish right here.
Brew Cash’s co-founders, Archisman Das and Mehul Marakana, each alumni of Practo, include a robust product and expertise background. A mutual curiosity in crypto and Decentralized Finance led them to affix forces and launch Brew Cash in late 2021.
They purpose to empower customers to seamlessly leverage some great benefits of the DeFi ecosystem and develop wealth. The platform is constructed on prime of polygon (an L2 resolution atop Ethereum) and backed by Accel, Higher, Polygon’s Co-Founder Sandeep Nailwal, and is an AAVE Grant recipient.
“Conventional monetary programs, by design, forestall hundreds of thousands of customers from having access to monetary alternatives. We consider that the way forward for banking will probably be constructed on prime of Cryptocurrencies and DeFi Protocols.
Nonetheless, in its present type, DeFi is simply too costly and complicated for a standard individual to take part in. Our platform permits customers to get extra worth for his or her wealth via simplified entry and a superior person expertise,” mentioned Mehul Marakana, co-founder of Brew Cash.
“At Brew Cash, we’re dedicated to constructing a product that helps customers entry DeFi in a secure, safe, and scalable method. We’re backed by among the finest buyers within the startup and crypto ecosystem and are built-in with audited and secure protocols corresponding to AAVE and Balancer. We’re on our method to integrating extra such secure protocols sooner or later and making it a precious expertise for customers,” mentioned Archisman Das, co-founder of Brew Cash.
Customers of Brew Cash can earn as much as 10% APY on their deposits via a number of Blue-Chip DeFi protocols with ease. Be a part of the waitlist now.
Observe them on their Twitter deal with (@brew_defi) to remain in sync with the DeFi ecosystem.