While DeFi offers many exciting investment opportunities, the yields can change day to day and even minute to minute. Many believe these fluctuations come with the territory, but our team has been working hard to change that.

Donut’s safest plan combines the high-yield power of DeFi with a predictable fixed-rate return. Plus, like everything on Donut, it’s super simple to use.

What is Save? 🍩

Save is one of three plans within the Donut App that allows you to work your money harder with DeFi lending opportunities. It gives you a guaranteed fixed interest rate of 4% APY, and you can quickly deposit funds, automate investments, or withdraw to your bank at any time. Earning more interest has never been so safe and simple!

3 Basics for 4% APY

  1. Predictable: 4% fixed yield, no matter what

  2. Real-time: interest paid literally every second

  3. No lock-in: withdraw anytime, no annual commitments

4% interest! How is that even possible!? 💸

Donut works alongside lending partners in the crypto securities and DeFi space to ensure you the best, most consistent yields on your money. When you add funds to Donut, we convert your USD to stablecoins called DAI, which can earn higher interest than traditional currencies.

Through our lending partners, we generate high interest on these stablecoins, which means we can guarantee rates of 4% for your funds. You just sit back and watch your money grow.

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How is my interest rate calculated? 🧮

Interest rates are calculated based on the dynamics of the decentralized money markets. Thanks to agreements with prime brokers and funds in the DeFi space, we’re able to set a rate that offers you a consistent 4% APY, no matter what.

Can the fixed rate change? 📊

These rates will stay consistent for the 2021 fiscal year. In the future, we plan to inform our community of any changes to the fixed rate far in advance. We’re also working on some ways for you to increase your fixed rate, so keep an eye out.

How often is my interest paid? 📆

Traditional interest-generating products pay interest every month, quarter or year. With Donut, there are no annual terms and you earn your interest in real time.

Save compounds your interest every few seconds, which you can track on the live ticker within the app. This way, you can quite literally watch your savings grow. The larger your Donut portfolio, the more interest you earn every minute.

When can I withdraw my funds? 💵

Whenever you like. There are no lock-ins, annual commitments or fees when it comes to withdrawing your funds. Withdrawals from Donut can take between 1-5 business days to process depending on your bank.

How much can I deposit? 💰

Once you've connected your bank account to Donut, you can deposit as little as $10, or as much as $10,000 in one transaction. You can add funds to Save instantly via ACH or schedule recurring investments every day, week or month. Our current deposit limits are $100,000 per month.

How is Save different from Build and Grow? ⚖️

Save is managed directly by Donut. We oversee your funds, lending them out only to institutional borrowers and trusted partners, making it our most secure plan. Our Build plan combines this approach along with lending via Yearn, which uses an algorithm to optimize your funds across different lending protocols. With Build, you can earn 5-7% APY, with a protected base rate of 5%. This means that your APY will never drop below 5%, no matter what. Grow exploits the full potential of DeFi lending, and is powered by Yearn. Although this means that the risk is slightly higher, so are the returns. With Grow you can earn up to 10% APY, with a protected base rate of 6%.

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How do I use it?🎚

Download the latest version of the Donut app, choose 'Save' from the Strategy screen and add funds to start earning.

Is Donut Fixed FDIC insured?🔏

Funds on Donut Save, as with all digital currencies, are not FDIC insured and therefore not zero-risk.

So, is it safe? 🛡

Safety is and always will be our top priority at Donut, and Save is our most secure plan.

With this plan, we lend directly to prime brokers and institutions to earn you higher rates, so the risk of partner failure is low.

In addition, lending in DeFi markets is highly collateralized, which means borrowers put up 100-150% collateral in order to take out a loan. For you, this means that your principal is always covered in the case of borrower default. Donut is built on Ethereum's infrastructure, which could potentially fail. This type of failure is very unlikely.

Have more questions? Our team is here to help - feel free to message us directly in-app or write us an e-mail at [email protected]

Real talk 🚨

Any saving and investment strategy puts your capital at risk.

The above information is intended for informational purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice.