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Nook
997 posts
Nook
@nook_platform
The app with the highest earning rate in the App Store · Built on @base · Backed by @cbventures @defyvc @udhc
- Nook reposted
Nook has reached a new milestone today in customer trust. $1B in transactions through Nook. This includes Deposits, Withdraws and Rebalances. We are excited about this because, like all big things, Nook started at 0.
On the back of the $165M raise by Morpho - we think vaults will continue to grow as the new way to earn. @krzysgogol breaks down the structure of vaults as the new earning vehicle in a stablecoin based economy ✳️Replying to @krzysgogol3/3 @nook_platform offers only lending vaults. Most transparent category. No leverage. No hidden impermanent loss. 💰 Full breakdown in the post below: docs.nookapp.xyz/posts/what-is-…- Nook reposted
1/3 What is a DeFi vault? 🤔 In 1976, Vanguard pooled capital from retail investors and let professionals manage the strategy. $30 trillion later, DeFi borrowed the same idea. It's called a vault. Here's how it works 🧵 - Nook reposted
Nook reached over a billion dollars in transactions. 1 year ago we had less than $1M - This shows: 1. Trust is built one transaction at a time. Most customers deposit $5 to $10 for their first deposit. 2. Fast, inexpensive networks like @base can unlock a lot. 3. People wantNook has reached a new milestone today in customer trust. $1B in transactions through Nook. This includes Deposits, Withdraws and Rebalances. We are excited about this because, like all big things, Nook started at 0. - Replying to @nook_platformThank you to every single customer that was a part of this. We are excited to share more as to what comes next as we continue this shift in finance to stablecoin lending. ✳️
- Replying to @nook_platformNook customers decide where they want their deposits to earn - and when. Because if you earn across multiple markets - you earn more than if you are just earning in one market.
- Replying to @nook_platformRebalances to different earning sources The more common transaction through Nook is a rebalance. A rebalance is when you move your deposits from one earning source to another. This is what separates Nook from everyone else. Most banks and exchanges like Robinhood provide you
- Replying to @nook_platform
- Replying to @nook_platformSince then we went from $1M to over $1B in transactions, averaging $20M in transactions - per week. This is through Transfers in and out of Nook and rebalances within Nook. Showing that money moves from market to market earning. Not just sitting indle.
- Replying to @nook_platformLess than 1 year ago, Nook was still in testing. We had a mission to connect everyone to higher earnings through open markets. But the start was small. The cofounders each put in $50,000 to rigorously test it. When we launched Nook in June, 2025, it was a basic experience. We
- Nook has reached a new milestone today in customer trust. $1B in transactions through Nook. This includes Deposits, Withdraws and Rebalances. We are excited about this because, like all big things, Nook started at 0.
