To start, sign up, verify your identity, and deposit funds. Once your funds are in your account, you can start earning passive income by selecting the DeFi products you wish to invest in.
We invest your funds in the DeFi products you’ve selected; each product is based on a protocol with its own yield-generating mechanism. The two most common types generate yield through collateral-backed lending or by providing liquidity for token swaps.
It varies by product. Most DeFi protocols generate returns continuously, while others may distribute returns several times a day. Alldefi aggregates those returns, converts them to USDC and distributes them to your account on a weekly basis.
Trust and security are our top priorities. We are registered with the Bank of Spain, subject to comply with certain laws. We’ve also implemented robust security measures including cybersecurity audits and real-time monitoring to safeguard funds. Nevertheless, like with any other DeFi investment protocol, we cannot guarantee funds in the event the DeFi products we offer suffer an attack at the protocol-level.
We apply a 20% fee on yield generated by the DeFi products and a 1% fee for funds withdrawal. Transaction fees related to protocol operations that we incur, such as gas fees, fiat to token, token to token, or bridging activities are passed on to users.
Currently, an investment is listed as pending when it’s ready to execute as soon as possible. To reduce costs for our users, we bundle investments into a single, end-of-day transaction at this time. Pending transactions can be canceled at any time without incurring any fees. We will soon enable investments to execute immediately.
We currently accept bank transfers in Euros. We plan to offer crypto deposits capabilities soon.
Alldefi is currently available for residents of the European Union.
