Stable
@GetStableApp
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Stable has been acquired by @aave. Saving, reimagined. Earn with the world's most powerful savings app.
Joined July 2024
Beyond excited to work with @StaniKulechov & the @Aave Labs team to onboard the world to DeFi
With the acquisition of Stable, Aave Labs welcomes an exceptional team to strengthen and accelerate Aave’s consumer strategy. Excited to work with @0xMari0, the Stable team, and the broader Aave Labs team to scale the Aave Protocol to billions of users.
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Congrats to @GetStableApp (ALL14) on their acquisition by @aave! Stable is a high-yield savings account using stablecoins.
Today, Aave Labs is announcing its acquisition of @GetStableApp. The future of finance is onchain, and this acquisition reinforces Aave Labs' commitment to turning onchain finance into everyday finance.
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Excited to share that Stable has been acquired by @Aave - the world's largest blockchain lending protocol. @0xMari0 and I started Stable to bring the benefits of stablecoins to everyone, and I'm thrilled to see that vision continue within Aave with the team joining!
Today, Aave Labs is announcing its acquisition of @GetStableApp. The future of finance is onchain, and this acquisition reinforces Aave Labs' commitment to turning onchain finance into everyday finance.
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1/ Today marks a huge milestone: Stable is being acquired by @aave. When we started, our goal was simple — make stablecoin savings effortless and usable by everyday people. Since then, we have grown relentlessly at over 60% MoM into the world's leading stablecoin savings app.
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$38B+ deposited, 3M+ transactions, $1B+ earned. Most savings accounts give you <1% APY. @GetStableApp offers users 10% APY in stablecoins with our smart wallets. Here's how:
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Alchemy's new Smart Contract: Modular Account v2, is the first time fully non-custodial P256 + session keys can be used in an onchain app. Could not be prouder to be working with this amazing team!
Traditional savings accounts compound interest once daily. @GetStableApp connects users to DeFi money markets so deposits settle immediately and interest compounds every second. That's the difference between legacy rails and always-on financial services.
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3 weeks -> 2.45x growth in user deposits. Only 🆙. Stable is the only place for your Stables.
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3/ Conveniently, this also means that Stable is the only place able to surface the highest yields in DeFi, no matter where they happen, wether they be on @base, @world_chain_ , @arbitrum, @solana (coming soon) or elsewhere.
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2/ There are users and assets spread across the entire blockchain landscape, and it's the job of the app layer to meet users where they are. That's why Stable is building a general-purpose backbone, able to handle deposits & withdrawals from and to anywhere.
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1/ Biggest learning so far: Adding support for more networks & protocols brings in more users & deposits. Each time Stable has adds a new network (@world_chain_ most recently) there is a dramatic uptick in new users & deposits.
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Stable is the only place to move funds between Worldchain and Base, Arbitrum, Solana, Optimism, Polygon & Avalanche for free.
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Just In: Bridge to @WorldCoin for free & earn 12% on your @USDC with @MorphoLabs. You can now bridge in and out of Worldchain without bridge or gas fees. Plus enjoy industry-leading yields on your stablecoins with Morpho & USDC. Happy Saving!
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I’m liking that @GetStableApp has actually become the easiest way for me to get stablecoin yields. Instead of checking Aave, Spark, Morpho, etc rates on every chain, it just sends me a push notification if there’s a better rate somewhere in DeFi. Then it’s one tap to switch.
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Introducing: Gas-Free reward claiming on @MorphoLabs. Stable users can now maximize their savings rate by lending @USDC on @MorphoLabs and claiming rewards without paying for gas!
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Bridging to Solana is live! While you wait for your next 10,000x coin, earn a Stable yield on your extra USDC. Solana deposits coming soon :)
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Stable @USDC free on/off ramps are now available for Florida and Louisiana residents! More states coming soon. Powered by @Stablecoin.
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Onboarded $1000 into @GetStableApp as a test, one of the best crypto onboarding + user flows ever. Probably will deposit more here as time goes on
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Wow! The average account balance on Stable is now over $1,500. With accounts in the 6+ figure range! Bringing the world onchain one step at a time. 🫶
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