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nook

nook  

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DeFi

Status

General Info

Funds and Backers

Description

Nook is a savings platform powered by decentralized finance (DeFi) lending.

What is nook?

Nook is a high-yield savings account powered by DeFi lending. When you deposit money into Nook, it gets converted into stablecoins (digital USD equivalents) and supplied to decentralized lending protocols in the background. Those protocols then lend your funds to borrowers who pay interest - which comes back to you as earnings.

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