Brew Money is an iOS app that makes it super simple to earn ~6% APY on crypto with self-custody. You have complete control of your Brew Money wallet's private key and seed phrase. Withdraw anytime with one tap. Available in the US (except NY & Texas)
@o_marketing Thanks a lot, Olena. Yes, we have plans to expand to other geographies soon. You can sign up on the waitlist on our website and we will keep you posted.
Thanks
Got to know about this launch through @shradha_mehta1 . To beign with, I love how well-designed and simple the app UX and flow is (Kudos to @archisman_das and team), and the fact that there is self-custody of assets, which obviously - as people are becoming more and more aware of - is really important given the whole FTX situation.
One key point of feedback I'd like to share is that one of the goals is to make "DeFi simpler" and I totally agree you've taken steps in that direction. However, as someone who watched the whole 3 minute intro, and having cursory knowledge of AAVE protocol / Matic, I felt crippled by how much know-how I should know before actually using the app. So, there's really a couple ways you could think about it. (A) Also provide a layer of knowledge / learning for people who don't know what AAVE is or why it matters (and ofcourse how staking works + how am I even getting these returns?) (B) Make it even simpler and say "get upto 6% APY" but save the details for users who actually care about it (In this case, it will be important to highlight the risks of these type of investments / staking upfront, especially since it is self-hosted).
I like Coinbase's approach which has a bit of both (A) and (B) above for their own staking pools.
Good luck and rooting for the team!
@shradha_mehta1@archisman_das@puneet_kohli Hey Puneet! Thank you for your kind words. The idea has been to make it super simple for anyone to invest in DeFi and with self-custody.
I completely agree the education part needs to be highlighted. At the moment, when a user clicks on AAVE or Matic, the screen that pops up has information on what is AAVE/Stader, what are the risks, and the faqs.
We will keep on improving as DeFi is constantly evolving.
Thank you for your feedback Puneet!
@puneet_kohli Glad you like the simplicity and design of the app. And big thanks for the constructive feedback Puneet! Really appreciate you taking the time to do that. We'll keep those points in mind as we go forward.
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