The first question anyone has when they hear about BlockFi is: “What’s the catch? 8.6% APY sounds too good to be true. That can’t be legit.”

I went DEEP to understand how they do it, and it’s legit. Essentially, BlockFi arbitrages the fact that traditional finance and crypto don’t like to deal with each other. We'll cover:

What Does a Bank Do?

What BlockFi Does

Stablecoins and 8.6% APY

Grayscale Bitcoin Trust

The Race to the Finance Super App

The Offer

Read the full post at Not Boring.

Sign up for BlockFi.

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