Do we trust BlockFi for HODLing? I’m skeptical

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I do. But you should do your own research.

Not really. They are a US-based company that have been operating for a few years now and is considered to be the top of the crypto-lending / interest-earning space. If they were to default we should be able to recoup though legal methods. That being said, it is still a risk.

But to be fair, they are the most trust-worthy in the space. They use Gemini as their custodian, so if you trust Gemini as an entity then BlockFi should be no different (almost). The caveat is that - not really. But again, best in the space thus far.

Coinbase will be launching their ETH-staking services, different beast but another way of generating passive income.

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Additional Posts in DeFi

Anyone following and panicking over the infrastructure bill last minute challenges? Feels like DeFi is squarely in the crosshairs!

Tomorrow/today (March 2nd) $LINK (5.5 APY) and $BUSD (binance coin - 8.6 APY) will be added to @BlockFi

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Everyone in the USA better call their senators today or say goodbye to next 10 years of innovation and to your gains.

With a @BlockFi Interest Account (BIA), your cryptocurrency can earn up to 8.6% APY. Interest accrues daily and is paid monthly. There are no hidden fees, no minimum balances, and no reason to wait.

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Interested in joining the blockfi team. Job postings do not contain salary range. Can I Speak to somebody on this?

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