Do you buy and hold, or regularly trade? – Sensible CEO AMA + feedback
tldr: Sensible co-founder and CEO Jacob Frantz is here to answer questions and request your feedback. Jacob and his team are building Sensible, a high yield account for your crypto. Sensible’s investors include Coinbase Ventures.
Today, they’ve launched invite-only access exclusively to r/cc members. When you refer a friend to Sensible, we boost your yield by reducing the fee we take on interest earned. Join via email signup at: holdsensible.com?vip=rcc
Ask him about: Sensible (holdsensible.com), Retail sentiment, Building consumer apps in crypto and beyond
Answer questions about: Do you buy and hold, or regularly trade? Feature requests for Sensible? PoS or PoW? Cake or pie?
Hey everyone!
I’m the founder of Sensible, a high yield account for your crypto. Crypto investors we’ve spoken to view crypto as a long-term investment, not a lottery ticket — but most crypto platforms are focused on getting you to trade every new token rather than getting the most out of your investment.
We made Sensible so that people who are holding the major cryptocurrencies — Bitcoin, Eth, and Sol — can put their crypto to work and earn a variable 2.5%-7.5% interest. We believe that everyday investors should have access to the same power of compounding interest that many of the more sophisticated investors are already using. Sensible works by enabling you to participate in staking (a blockchain-native way to earn interest while securing the network) via liquid staking tokens, which means you won’t have a lockup if you want to withdraw.
Sensible allows 24/7 withdraws, with no account fees or minimums. And unlike the other places that have offered yield on crypto over the years (we have that scar tissue, too), Sensible is fully self-custody, meaning that you remain in control of your crypto via your email address, and we could never access it even if we wanted to.
You can get started using Sensible at holdsensible.com?vip=rcc. Make an account via email (no SSN or credit card), and easily fund your account via a direct connection to Coinbase. As soon as you transfer, you start earning interest. Sensible takes 20% of the interest you earn, so we only make money if you do. Right now, we support ETH; with SOL and BTC coming soon.
Today, we’re giving people on r/cc invite-only access. You’re one of the first groups of people with access to Sensible, and you’re the only group allowed to invite friends — referrals will boost APY for yourself and your friend.
We’re sharing this here today and working with the r/cc mods because we’re hoping to get your thoughts and feedback while we continue to make Sensible better and more useful. We’ve worked closely with subreddits before — previously we built a marketplace for Reddit’s collectible avatars that did thousands of trades between redditors. We believe in building products for communities. Thanks for your time!
Source: reddit.com/r/CryptoCurrency