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)
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Congrats on the launch, guys! Is this avaliable for the US only? :)
Thanks, Andrei for your support.
Yes, for now, it's only available for the US, but you should join our waitlist on www.brew.money for further updates. Spoiler: we're brewing something bigger ;)
@abhoy_das Thankyou so much for the valuable comment, onwards & upwards!
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Brew Money is quite a product. Fresh, stable, reliable, friendly, and neat! It's a tough time in the world right now, but if you execute smoothly, you'll be a game changer. Rock on! ✅😎🚀
@savian_boroanca Hey Savian :) Your comment means a lot to us!
Yes, the focus is to make crypto more accessible and do it the right way. With user holding complete custody of their funds at all times.
@savian_boroanca Absolutely, unlike centralized custodial solutions Brew provides a self-custodial solution where you own your crypto assets fully. Thanks for your valuable comment!
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Congrats on the Launch! Design is very simple and really good.
@sabahkemalcans Thank a lot Sabah! The design and the user experience always has been a primary focus for the team!
@nandita_d has really worked hard to make user experience absolutely seamless!
All this with the power of self custody is what makes Brew unique :) I would love to know more about your feedback once you make your first deposit!
Cheers :)
@sabahkemalcans Thankyou Sabah, this means a lot! Along with the design we've emphasized on Educating the user about both risks & opportunities. Looking forward to your feedback.
@alex_epsi Thanks for your kind comments Alex, DeFi is the way forward & Self-Custody is the dire need of the hour. Hope you enjoy using Brew & share us your valuable feedback.
We have also built a strong community of DeFi learning to take your crypto game to the moon, you may want to join it. 😄
Hi everyone! :)
I'm Nandita, product designer at Brew Money.
As shared by my teammates above, we have been working to make investing in DeFi simple and fun. Looking forward to your feedback and comments on our product.
And we hope you enjoy your interactions with Buck, our resident tiger cub!
Hey Arichisman,
Beautiful glass design in your app.
I have some questions:
A) How do you plan to promise an up to 6% APR, which is not that high, to be honest, in a crypto bear market?
B) What kind of coins can trade?
C) Did you consider international crypto laws, or is sending funds to your app only working in the USA?
D) How do I know your app is safely guarded against hackers; Defi doesn't mean it is safer?
E) Why can't I find your app in the app store? Ask Veer for the screenshots I sent him.
Hi @jas801 ,
All great questions.
1. How do you plan to promise an up to 6% APR, which is not that high, to be honest, in a crypto bear market?
Brew doesn't take custody of your assets but instead act as a gateway for you to deploy crypto assets on DeFi protocols. Presently, we're supporting Matic Staking through Stader Labs which offers 5.7% APY. We're also working on integrating a few stablecoin and Matic/MaticX pools from Balancer where with rewards the APY's can range from 8-12%
2. Presently we are focusing on stablecoins such as USDC and Matic. Please note we don't have the trading capability as of now. Instead as a user, you can buy crypto through our onramp partner Wyre and deploy them on integrated protocols.
3. The app currently works only in the US. We intend to expand to other geographies too. A seamless on ramp and off ramp solution is crucial bit of the experience and we're trying to figure a solve for it.
4. Agreed! Self Custody and DeFi while maybe more transparent but have a different kinds of risks. We show you the exact protocols where you are deploying the funds, who have audited them, and what kind of scale they are in. My co-founder Mehul has touched upon on how we manage the private keys.
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