Floatify (@UseFloatify) header
Floatify (@UseFloatify) profile picture

Floatify

@UseFloatify

We do what banks can't. Interest rates 50x higher, fast transfers, and total transparency. Discord: https://nitter.gq/t.co/LltHtaekDB Medium: https://nitter.gq/t.co/DKXcCYQZwH

beta.floatify.net
Joined August 2019
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  • Followers116
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Photo by Floatify (@UseFloatify)Photo by Floatify (@UseFloatify)Photo by Floatify (@UseFloatify)Photo by Floatify (@UseFloatify)Photo by Floatify (@UseFloatify)Photo by Floatify (@UseFloatify)Photo by Floatify (@UseFloatify)Photo by Floatify (@UseFloatify)Photo by Floatify (@UseFloatify)Photo by Floatify (@UseFloatify)
Hey crypto lovers—there’s fun features for you too! ☕️ We use Chai (tokenized DAI in the DSR) to safely give you high returns 🧙‍♂️ Send ETH, DAI, or USDC to your address, and we automagically convert it to Chai for you 📲 Withdraw to any address—and yes, @ensdomains is supported!
Floatify (@UseFloatify) profile pictureFloatify@UseFloatify9 Mar 2020
Say hello to the best way to save & transfer money: beta.floatify.net 👋 📈Beat inflation with 8% APY 🌍Send money anywhere in the world 🔒No market risk 🏦We'll reimburse you if funds are lost DM us your gmail address and we'll give you $5 to try it out!
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Say hello to the best way to save & transfer money: beta.floatify.net 👋 📈Beat inflation with 8% APY 🌍Send money anywhere in the world 🔒No market risk 🏦We'll reimburse you if funds are lost DM us your gmail address and we'll give you $5 to try it out!
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The new version of Floatify is almost here! 🔥 📈 8% APY 🌍 Free transfers anywhere in the world 💸 Send funds to a Gmail account or Reddit username, even if they've never used Floatify 💳 Instant debit-card onboarding 🔒 Non-custodial Interested in trying it out? Let us know!
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As always, big shoutout to @MakerDAO, @TorusLabs, and @sendwyre for building the legos that we piece together!
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Is the interest earned in your savings account keeping up with inflation? ❌ US average interest rate: 0.1% ❌ Ally: 1.6% ❌ Capital One 360: 1.7% ✅ Floatify: 7.8%
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1/ Many have been saying the Ethereum community needs to start reaching non-crypto users. Below are some recent thoughts on this point by @owocki, @0xstark, @MakerDAO, @econoar, and @LefterisJP. - nitter.gq/owocki/status/11731951… - nitter.gq/0xstark/status/1215400… - nitter.gq/LefterisJP/status/1214…
Lefteris Karapetsas (@LefterisJP) profile pictureLefteris Karapetsas
@LefterisJP8 Jan 2020
Replying to @econoar
> Quit marketing inside the community, find ways to branch out. This ... and it's really really hard
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2/ There's only a handful of companies doing this, and we're proud to be one of them! It's certainly hard, as most of our users have never used crypto before and aren’t familiar with MetaMask or seed phrases. Today we'd like to share two big things we've learned on this point.
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1/ Looking to donate to some Gitcoin grants over these final days? Consider donating to us, because we'll help our users take advantage of novel savings vehicles not available in traditional finance. What exactly do we mean by this? 👇
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2/ By default all funds will earn interest from the Dai Savings Rate, which is currently 6%! But #DeFi enables lots of other interesting ways to save too. And because our new contracts will be upgradable, we can continuously adapt and add new ways for users to save.
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1/ Why donate to Floatify? Here's reason 2: We are the safest place to save your Dai 🔒 No one else offers comprehensive cover on your Dai, meaning there's a chance you lose your hard-earned money.
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2/ @NexusMutual is awesome, and we love what they're doing for insurance on Ethereum 🙌 But it's important to remember that they only cover smart contract failures. Oracle failures and administrative failures are two big risks that are not covered ⚠️
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1/ Why donate to Floatify? Here's reason 1. We're working hard to be the easiest way to onboard users to the Ethereum ecosystem and start earning 6% interest 📈 We're making it so easy that you won't even know you're using crypto behind the scenes. gitcoin.co/grants/257/floati…
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2/ Thanks to @TorusLabs, managing your own keys is now easier than ever. Simply login with Google—or another provider of your choice—and boom! There's your wallet. This provides a familiar login flow, account recovery, and two-factor authentication to secure your account 😎
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There's only a few days left for this @gitcoin grants round. Make sure to get in those donations to your favorite projects! We're hoping to be one of your favorites, so for each remaining day, we'll give you one reason why should donate to our grant 👇 gitcoin.co/grants/257/floati…
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Reason 1: The simple and straightforward user experience nitter.gq/UseFloatify/status/121…
Floatify (@UseFloatify) profile pictureFloatify@UseFloatify17 Jan 2020
1/ Why donate to Floatify? Here's reason 1. We're working hard to be the easiest way to onboard users to the Ethereum ecosystem and start earning 6% interest 📈 We're making it so easy that you won't even know you're using crypto behind the scenes. gitcoin.co/grants/257/floati…
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Big thanks to @PaulRBerg and @DefiRate for being the first two donors 🙏 If you’re awaiting the day where your friends and family can effortlessly use DeFi services, consider throwing just 1 DAI our way!
Floatify (@UseFloatify) profile pictureFloatify@UseFloatify9 Jan 2020
Our Gitcoin Grants page is now up and running! Thanks to the matching program, even the smallest donation has a big impact. We'd love your help to continue providing borderless banking services that even your grandparents would feel comfortable using. gitcoin.co/grants/257/floati…
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Our Gitcoin Grants page is now up and running! Thanks to the matching program, even the smallest donation has a big impact. We'd love your help to continue providing borderless banking services that even your grandparents would feel comfortable using. gitcoin.co/grants/257/floati…
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1/ An easily overlooked aspect of saving money is inflation. Your savings should be growing faster than inflation, otherwise you are losing value. Unfortunately, your savings account likely isn't giving you a high enough rate. Let's dig in and see how this affects you 👇
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2/ Inflation measures the rate at which the average price level of a basket of goods changes over time. This image from @Investopedia helps illustrate the concept. In 1970, you could buy coffee with $0.25. In 2019, that same $0.25 only lets you buy about 1/8 of a cup!
Image from Floatify (@UseFloatify)
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In case you missed our recent updates: ✅ Insurance! Save with us and your funds are safe ✅ Support for the new #Dai! ✅ Bring your own Dai if we don't support your region. (Please do not send Sai) ✅ Mobile-friendly interface. Watch your money grow in real-time from anywhere
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If you love #Floatify, check out @coincodecap and give us an upvote! ⬆️ If you haven't used Floatify yet, now is a great time to try it out and start growing your money 📈
CoinCodeCap (@coincodecap) profile pictureCoinCodeCap@coincodecap4 Dec 2019
🎷 🎷 New product Floatify From fiat to earning high interest in under two minutes. coincodecap.com/product/floa… @UseFloatify #crypto
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The @sendwyre team has been putting out awesome products and we are thrilled to be partners with them! Excited to see what comes next!
Wyre (@sendwyre) profile pictureWyre@sendwyre3 Dec 2019
1/ It's no secret that Wyre loves #Ethereum. 😍 Here's a look back as well a sneak peek into the future of Wyre and what we have in store for the new year. 🍾 We're also excited to announce the next batch of Wyre V2 featured partners! 🤝 Check it! 👇 bit.ly/2RdTRT1
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We are excited to be working with @MakerDAO, as #Floatify is powered by the new Dai! We're working to provide borderless banking services built on #Dai, but with a familiar interface so users don’t have to know they’re using #Ethereum Check it out at floatify.net!
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#Finance can be hard, but we want to make it easy. That's why we're posting threads that explain some financial concepts, while also demonstrating the #Floatify difference. This thread will act as a catalogue of the various explainers we post. Check them out below 👇
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So how much do interest rates matter? For our first scenario we'll take a look at the simplest case: a one-time deposit of $10,000. Why $10,000? Because in the finance world, these "Growth of 10k" charts are found all over the place. nitter.gq/UseFloatify/status/119…
Floatify (@UseFloatify) profile pictureFloatify@UseFloatify27 Nov 2019
1/ So how much do interest rates matter? Today we'll take a look at the simplest case: a one-time deposit of $10,000. Why $10,000? Because in the finance world, these "Growth of 10k" charts are found all over the place. For some background, see here 👇 investopedia.com/terms/g/gro…
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1/ Today we'll take a look at a gradual, long-term approach to saving. We'll use the same interest rate assumptions as last time, but a different savings strategy. Let's say you get paid twice a month, and each paycheck you save $100. So each month you save $200.
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2/ After a year you'll have saved up $2400 and can already start to see a small difference. A savings account will earn only $1-2 of interest, and an account similar to Wealthfront will earn about $20 of interest. But a #Floatify account will be closing in on $60 of interest!
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1/ So how much do interest rates matter? Today we'll take a look at the simplest case: a one-time deposit of $10,000. Why $10,000? Because in the finance world, these "Growth of 10k" charts are found all over the place. For some background, see here 👇 investopedia.com/terms/g/gro…
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2/ Now we need to choose an interest rate to compare with. Over the past 6 months, #Floatify had average returns of nearly 9.5%! 🤯 But the rates fluctuate and are unlikely to remain that high. Let's use 5% to be a little more conservative.
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There's no doubt saving money is important, but how much does the interest rate really matter? 🤔 Quite a bit, as it turns out 😯 Over the next few days we'll explore some scenarios to see how it affects you 📈 Stay tuned! 🤑
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