Gelt provides a secure and user-friendly interface to earn interest on your idle funds using decentralized finance (DeFi) where interest rates are 10-20x higher than on a typical savings account. How does Gelt work under the hood? Gelt is a non-custodial Ethereum wallet with a native integration of the Compound decentralized lending protocol ($10B+ on platform, 250,000+ active users, backed by Coinbase, a16z, Bain Capital & more). This means it is technically impossible for Gelt, or anyone else except you, to access your funds once they are on your Gelt wallet and you can earn interest by lending funds on Compound directly within the app with just a couple of button presses.
Published At
