September 15, 2021
Today, if you want to invest your money in the traditional saving solutions offered by banks, your Return On Investment (ROI) will yield an “insulting” APY in the low single-digit.
Then came Decentralized Finance (DeFi).
DeFi’s infancy started around 2017 with lending and borrowing services popularized by AAVE and Compound offering for the first time in decades double-digit APYs. If that is not enough, you could have been paid to borrow different types of Cryptocoins (yes, really).