#crypto How to earn the best yield on your Stablecoins & Fiat ?
A simple, least risky and highest yield bearing strategy ;)
Short 🧵 on @PillowFund and it’s amazing upto 18% on USDT/USDC & 7.05% on BTC & ETH
Note: Pillow 🇮🇳 is invite only. So, read full to get access
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What is Pillow?
Pillow is a “asset management” app which helps users earn best return on their crypto without any risks.
what does asset management (AM) mean?
AM means Pillow collects funds from various investors and invests it together to earn return.
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Where does Pillow invest the funds?
Pillow invests the crypto into Blue-chip DeFi protocols to earn yield. Pillow has a research team which is actively monitoring 500+ protocols to find the safest protocol to invest users crypto.
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DeFi carries risk right?
Yes DeFi carries risk. BUT, with Pillow it’s different.
👉 Pillow invests only in Blue-chip battle tested DeFi protocols. (Risk of hack ⬇️)
👉 Invests only in Protocols with Gold standard audit + Pillow team audit✅ (Risk of hack ⬇️)
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Since we are investing Stablecoins (SC), what about “De-peg” risk?
Pillow accepts only USDT and USDC as SC’s since these are the largest & most battle tested SC which have survived multiple bull-bear markets.
❇️ De-peg means ₹1 value going below ₹0.99
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What if Pillow itself gets hacked?
Let’s hope it doesn’t happen :)
But yeah to mitigate the risk, @PillowFund is insured by @BitGo ❤️ for $100 Million.
So, tension nahi lene ka sirf 18% kamane ka. đź’°
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So, we have understood what is Pillow, how it earns, what are the various risks.
Now, let’s learn how to invest in it.. ;)
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#defi #Blockchain #cryptocurrecy
Pillow allows users to deposit:
▶️ Crypto* through ERC-20 & BEP-20
▶️ Fiat across > 20+ countries (INR will be enabled soon)
* Crypto deposits means
1. BTC (bitcoin network)
2. ETH through ERC-20
3. USDT/USDC through ERC-20 & BEP-20
Note: BUSD is not supported
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How to get started?
Pillow is currently in “Invite only” mode
First, download app from
▶️ Play store: play.google.com/store/apps/details?id=com.pillow.fund
▶️ IOS: Download “test flight” from App Store
Then click on this link: testflight.apple.com/join/fp3lAZvj
Use referral code for exclusive access: hua3uw
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Then, deposit any of Stable coins (USDT/USDC) or BTC/ETH
Voila! You start earning interest 🤩, risk-free
Tip: Invest min $250 & get exclusive NFT + higher deposit = higher reward
Setting the bar for Transparency, @PillowFund ❤️
Use referral code for access: hua3uw
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