[AlePra00]

Our customer isn’t someone who “wants to invest in crypto.” It’s someone with €20K in a savings account earning 0.5%, who knows they’re losing to inflation but doesn’t want stock volatility or crypto complexity. The fintech promos you linked are real competition but they’re promos. They last 3-6 months, then drop. The yield we offer is structural: it comes from borrowers paying interest on overcollateralized loans, not from a bank’s marketing budget. You’re right that we need to be meaningfully better than promo rates to justify the tradeoff of no government guarantee. That’s exactly why EURc integration matters eliminating FX friction makes the real net return more competitive.

[tacostakohashi]

Aren't the people that want more than 0.5%, but don't want stock volatility, going to use a money market / fixed income fund?

[AlePra00]

this is an investement not a lending as this solution, the problems are cash liquidity ( in order to sell the instruet) upfront and downfront commision and yearly also