Varun Srinivasan
@v
New: Deposit Bonus! Deposit USDC on Base and we'll match you up to 10% this October. All you need to do is transfer USDC into your account to start earning.
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PhiMarHal
@phimarhal
I'm in. I would love to hear about your vision for this campaign. It seems to me encouraging us to keep USDC idle in our wallets would go against the ideal (?) of users swapping for stuff. Do you see this as a loss leader, to get us to fund our wallets? Then for inertia to work its magic, and for us to naturally transition to using the wallet by the time we enter 2026? Is it something else?
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Tokenized Human
@tokenizedhuman
better rates onchain elswhere for the money.
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PhiMarHal
@phimarhal
It's 50%+ APR. I don't know anything onchain that gives this with as little risk.
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Tokenized Human
@tokenizedhuman
hot wallet though, wouldn't keep that much in there but maybe that's just me
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PhiMarHal
@phimarhal
I think it is just you: think of the number of people who hold 6+ figures on CEXes or on defacto CEXes like Hyperliquid. *or* who use onchain stuff but on hot wallets, to the point they get drained for all their monkey jpegs the moment they click a link. But I hope you're right and I'm wrong, because I can't see how they can possibly give $500 per user going for this if interest picks up. 😄
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Tokenized Human
@tokenizedhuman
well it's only 36 x 500 so not too much.
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