Thresholds

Earn up to 6% on your USD, paid daily in Bitcoin

40 followers

Visit website
•
•
Earn up to 6.25% on your USD, paid daily in bitcoin, with more cryptocurrencies coming soon. Our high yield DeFi growth account is powered by stablecoins and decentralized finance.
Thresholds gallery image
Thresholds gallery image
Thresholds gallery image
Free
Launch tags:Fintech•Tech•Web3
Launch Team
Intercom
Intercom
Startups get 90% off Intercom + 1 year of Fin AI Agent free
Promoted

What do you think? …

Shei
Maker
Hi PH friends! Thresholds was created with the mission of making crypto + decentralized finance more accessible for everyone. 🥳 That’s why we’re excited to introduce our DeFi growth account, where users can earn up to 6.25% on their USD (earned in bitcoin). As a thank you, we're giving all PH customers 8.75% APY for the next month! Currently, we’re available in every US state (excl. NY, and Texas), and we hope you'll give it a try https://app.thresholds.io 🙇‍♂️ 🚀 For the next 24 hours, we're letting anyone create an account, before going back to waitlist and invite-only for the rest of 2021. Thresholds' goal is to build a simple and seamless experience for users to spend, earn, and invest in crypto. Features we’re adding in the coming months include: instant ACH transfers, checking account features (i.e. bill pay and direct deposit), ability to earn in different cryptocurrencies, and more... 🤑 Feel free to leave your thoughts and questions in the comments below, (or just say hi). If you'd like to join our community - swing by our discord, or follow our Twitter :) 👯‍♀️ Brian and I will be responding all day. What do you think will be the future of crypto and personal finance?
Relena Sei
@kcshei a awesome stuff
Brian K
Maker
@kcshei Hey guys! We made Thresholds to improve the current banking products while making crypto a little easier for everyone. We have a lot planned ahead to make that dream come true and we start with producthunt post right here! Feel free to ask any questions! We'd love any feedback. Go to our app directly: https://app.thresholds.io
Ryan Hoover
Product Hunt
Big fan of companies simplifying DeFi and making crypto more accessible. Curious how this compares to Blockfi, Donut, and a few others?
Shei
Maker
@rrhoover For sure! We want to integrate Thresholds into the day to day life of consumers, so users will be able to pay bills, get direct deposits, and use Thresholds like a regular checking account so they can conveniently access the high yields of DeFi without sacrificing accessibility. (Most people use BlockFi and Donut just as a place to park their funds) We also have some interesting integrations planned, that will let Thresholds become the bridge between the real world financial system and the Web3 world.
Brian K
Maker
@rrhoover Wow Ryan thanks for the comment, it's a big honour! We're well aware of the competition in the space but we believe this is a big market just like how there are numerous banks in US & exchanges for crypto. That being said, our first real difference is the checking account. We're not trying to compete on the highest yield here. Rather it's more about functionality and liquidity of your cash. You'll have a regular checking account like you're used to where you can pay bills, make deposits, send wires -- except it'll earn you high yield interest in crypto. BlockFi and Donut etc are more like savings account right now and they don't offer much banking functionalities. Second difference we'll introduce later once the first one is established but it'll sort of be like a "plaid for web3" play where we truly start to connect web3 services.
mr harun
@kcshei Wow, those are pretty good numbers in percentages. I like what this app is for, and I'm pretty sure it will come in handy because I'm planning to get serious about bitcoin. Cryptocurrency didn't play a significant role or mean much to me before until I started getting involved in mining and investing in bitcoin. I found an interest in it last year and am still using different strategies to multiply this resource. What helps me with such a hard thing is this article which has all the information about cryptocurrencies and how they are created. The whole system of cryptocurrency is at https://bitcoinbuy101.com.
David
I have tried Thresholds for beta, and the experience was really amazing: straightforward, simple to use, feeling secure, etc. I'm looking forward to the upcoming updates! 😉
Brian K
Maker
@heyth Thanks David for trying out the beta and glad you like it! We'll be adding a lot more features soon :)
Shei
Maker
@heyth Thanks so much for the feedback David!
Dave Fontenot
Ramp
Wow what a world we live in where simultaneously APY on normal checking accounts is close to zero yet crypto is giving unheard of returns. Love how easy this makes it to safely stake and get real returns for my money. Curious why everyone hasn’t already shifted out of normal checking accounts?
Brian K
Maker
@davefontenot Thanks for checking us out! We're curious on that too! We believe it's only matter of time before people wake up to the potentials possible through crypto which is why we've built this. Checking account is just the first step!
Shei
Maker
@davefontenot Great question! Probably because banks don't have any incentive to change, thus making it very inconvenient for anyone to get a decent yield on their dollar. Hopefully, we can force some change on the incumbents :)
Jim Zheng
🔥 Congrats guys! Been waiting for a solution like this. Bringing staking to the masses 🚀. Just made my deposit 💵
Shei
Maker
@ataki12 Thank you so much! Excited to have you onboard :)
Brian K
Maker
@ataki12 Awesome! We're so glad to have you onboard!
Shashank Goyal
What assets are you buying to generate this yield for your product?
Brian K
Maker
@shashank_goyal We use USDC to generate the yield right now and will probably add more soon as long as its safe :)
D-Roc
Very well put together! I have been awaiting the launch of this product and super excited to get started!
Shei
Maker
@derek_rosien Thank you so much!
123
•••
Next
Last