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Nook
1,002 posts
Nook
@nook_platform
The app with the highest earning rate in the App Store · Built on @base · Backed by @cbventures @defyvc @udhc
- Nook reposted
Impressive improvements by @nook_platform and @Joey_Isaacson to bring yield optionality and opportunity to the masses.We are building for the gap we see in the current earn landscape. Almost everyone can now earn. Most people are stuck in the same sources as everyone else. Neo-banks, exchanges, finance apps all sign exclusive deals in day 0 for a yield partner. You are getting the same rate 
The days of earning from one source, one network, one option are soon coming to a close. Multi-allocation is coming to Nook. Stay tuned.✳️
00:00- Nook reposted
Nook has reached a new milestone today in customer trust. $1B in transactions through Nook. This includes Deposits, Withdraws and Rebalances. We are excited about this because, like all big things, Nook started at 0.
- On the back of the $165M raise by Morpho - we think vaults will continue to grow as the new way to earn. @krzysgogol breaks down the structure of vaults as the new earning vehicle in a stablecoin based economy ✳️Replying to @krzysgogol3/3 @nook_platform offers only lending vaults. Most transparent category. No leverage. No hidden impermanent loss. 💰 Full breakdown in the post below: docs.nookapp.xyz/posts/what-is-…
- Nook reposted
1/3 What is a DeFi vault? 🤔 In 1976, Vanguard pooled capital from retail investors and let professionals manage the strategy. $30 trillion later, DeFi borrowed the same idea. It's called a vault. Here's how it works 🧵 - Nook reposted
Nook reached over a billion dollars in transactions. 1 year ago we had less than $1M - This shows: 1. Trust is built one transaction at a time. Most customers deposit $5 to $10 for their first deposit. 2. Fast, inexpensive networks like @base can unlock a lot. 3. People wantNook has reached a new milestone today in customer trust. $1B in transactions through Nook. This includes Deposits, Withdraws and Rebalances. We are excited about this because, like all big things, Nook started at 0. - Nook has reached a new milestone today in customer trust. $1B in transactions through Nook. This includes Deposits, Withdraws and Rebalances. We are excited about this because, like all big things, Nook started at 0.Replying to @nook_platformThank you to every single customer that was a part of this. We are excited to share more as to what comes next as we continue this shift in finance to stablecoin lending. ✳️Learn more about the milestone here →
- Every Friday, we share what we shipped. This week, we officially went live with the @world_chain_ Vault on @Morpho 🌐 Earn 7.2% APY - no minimums, no lockups, to deposit. If World Chain and earning through open markets is new to you, let's go deeper →
Replying to @nook_platformWith World Chain now live on Nook, you can access their core lending vault without needing to bridge manually, sign multiple transactions on desktop, or pay gas fees. Nook takes the complexity of onchain markets and turns it into a simple earning product. Go straight from your - If you want to earn more - you have to be in more markets. There are hundreds of high APY vaults available through @Morpho But your app is only giving you access to one. Nook is the highest earning DeFi app in the App Store. Earn more.People want to earn more and are willing to rebalance more → > People still need a better way to earn. Banks giving out 3.25% (with a subscription) > When we launch a new earning source, app engagement can easily 10-25x > rebalances can spike to over 1,000+ per day > Users
