A breakthrough down under. Australian fintech company blockearner officially goes live, offering investors a 7% fixed rate investment product by utilizing DeFi technology.
Australian fintech company Block Earner has officially gone live, offering everyday investors a 7% fixed rate investment product by utilizing decentralized finance technology.
According to a survey conducted by Block Earner and Sydney-based market researcher Pure Profile, 86% of Australians surveyed have “The best returns Australians can get from a traditional savings account ranges from 0.1-0.3% — compare that to a 7% product like Block Earner, it’s easy to see where people are going to end up.”
It is also worth noting that Block Earner is the first fintech company to grant mainstream integration into Aave and Compound. We believe being conservative is part of the long-term project. We believe that safety and trust is a fundamental part of a long-term strategy, and we’re just not opting for double digital returns from other less regulated areas.”
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