ive been depositing $1/day into aave and my bank for months — the difference… was startling [EXPERIMENT]

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ive been depositing $1/day into aave and my bank for months — the difference… was startling [EXPERIMENT]

ive been depositing $1/day into aave and my bank for months — the difference... was startling [EXPERIMENT]

so ive been running a small real world experiment: depositing $1/day into Aave and a traditional bank account.

same dollar, same time frame.

one compounds ~6% APR in real time, block by block.

the other pretends 0.3% is yield 😂

aave: ~$91.30

bank: $90.05

difference of $1.25, which when scaled to $30k is a $416 difference…

is defi's yield advantage sustainable long term? how do banks ever hope to compete?

(check my video in the first comment!)

submitted by /u/haochizzle
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