Earn 4% APY with DeFi
Here's how Donut offers you the best yields around.
Save in Digital Dollars
When you save with Donut, we automatically convert your USD to digital dollars (stablecoins, such as DAI) so we can put those dollars to work in decentralized markets.
Lend with DeFi
Our partners lend your dollars at high interest rates through a global, decentralized pool of borrowers. We use highly collateralized platforms such as Yearn to ensure your money is secure.
Earn More Yield
You earn a guaranteed 4% APY, rising to 7% depending on your strategy. Watch your money grow live in the app - it's earning 24/7.
Safety is our top priority
DeFi lending is highly collateralized, often over 125%. This means your funds are protected, even if a borrower defaults. However, as with all digital currency products, Donut is not FDIC insured.
Donut accounts are encrypted using AES-256 standard. We use two-factor authentication for sign-in, and protect all digital assets with cold storage – going above and beyond best practices to keep your account and information secure.
The DeFi ecosystem relies on the integrity of our partners’ closely governed and audited smart contracts. While we're confident in Yearn’s extensive security and risk management practices, we encourage you to use discretion when investing and consider potential risks of this emerging technology. Read more about risk and safety at Donut here.