Can I just consider stablecoin staking / interest accounts (Anchor protocol, BlockFi) as my “savings account”? 7% of my liquid NW is in cash and 10% is in stables (rest is equities and other crypto). Hoping this is enough to pay expenses + tactically and periodically deploy into equities and crypto.

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You know blockfi no longer allows new interest accounts right? That's reason enough to question the sustainability of stablecoin rates. The actual safety of them is another question. I personally only keep some extra money I can afford to lose. Up to you of course. You can use it as savings if you're comfortable with it.

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Always remmember that any of these companies will take your cash in very fast. But to take money out is always slow - some type of verifications, and has daily, weekly, monthly limits.

Keep some money on the side of the more liquid form for emergencies.

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Fair in terms of sustainability of rates - I think they were just arbing on other protocols to offer these rates, and now they’re struggling to keep it up. I guess I didn’t think of it as unsafe (either anchor or blockfi). I guess safest option would be to have a checking, savings (despite the abysmal APY), and count crypto staking / interest accounts as part of your total crypto portfolio

Very helpful - thanks a lot for the feedback and context here!

You can consider it as your savings account. Savings accounts have varying rates too.

What’s FDIC insurance, Alex?

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Here are some awesome apps for investment:-

1.Groww
All in one app- investment in Mutual funds,stocks,IPO,FD,Gold.
Link:-
https://app.groww.in/v3cO/61bcf14

2. Cred
For managing all credit cards at one place. Think as someone is paying you for your credit card bills.
Link:- https://app.cred.club/spQx/ce090339

3.INDMoney
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Link:-https://indmoney.onelink.me/RmHC/9cb8da54

4.WazirX
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Link:-https://wazirx.com/invite/j9kk5ted

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