PennyWorks is a one stop shop for individuals and businesses to manage cash flows and build wealth.
PennyWorks is a DeFi-based alternative to the disappointing yields and high fees associated with traditional investing. We are a secure and easy-to-use account that allows you to earn interest through investments powered by blockchain technology.
We're for everyone who wants their money to earn more money — lots more.
How does it work?
- We convert US dollars into stablecoins which are pegged to the US Dollar so they avoid market volatility.
- We generate yield via collateralized lending of crypto/stablecoins.
- While the collateral can be volatile, assets can be monitored in real-time and can be called in near real-time to reduce risks.
- Get your funds back whenever you like!