2min chapter

Modern Finance cover image

How Safe Is My Crypto Yield? with Zac Prince (CEO, BlockFi) and Matt Ballensweig (Genesis)

Modern Finance

CHAPTER

Is Gemini Compounding Daily?

We're partnering with these big platforms that their expertise is in retail space, they have great products and services. And then giving them awaiy to generate yieldin and overlay other creative services on top of ther platform. But if you're an individual and you want to go through gemini, then you're basically assigning up there. You're depositing assets. So every day, the assets that gemini is getting from it its depositors, they'll batch sweep over to genesis. We don't actually pay genesis urge emani out until theo first day of the next month. I me settle the interest bill on a monthly basis. Displays nearly town daily. Yes,. Isner

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