The first neobank on Robinhood where your yield pays the bills, not you.
Coming Soon →
- Tweets 33
- Following 8
- Followers 392
- Likes 31
How OffYield works, start to finish. 👨💻
You deposit USDG, and OffYield supplies it to a lending market where it earns interest, and that interest becomes your spendable balance.
Your card spends only that interest, so your deposit is never touched. Want your money back? Withdraw anytime, and your full deposit comes back 1:1.
Every bill you paid, your money paid for you.
14
38
8,259
After countless meetings, months of building, and multiple 5 figures invested from our teams pocket on the line, we're proud to announce we are almost ready to have our cards to go live.
We've had to climb a mountain of compliance and legal work most projects skip. We are a registered business, so we are doing this the right way and the legal way.
4
1
18
1,031
You cannot leak what you never collected.
That's the tweet.
- OffYield.
‼️ BREAKING: Revolut handed over customers’ passport copies, verification selfies and full transaction histories to a malicious actor.
The actor sent lawful government information-demand emails using a genuine government domain that passed domain authentication.
Revolut later concluded they were not authentic.
Affected customers were notified on Friday. What may have been disclosed ranges from name, date of birth and home address to account statements, withdrawal records and complete Bitcoin transaction history.
The company says it has alerted the agency to the unauthorised mailbox on its domain, blocked the address and begun notifying regulators.
It has not named the agency, explained how someone obtained a mailbox there, or given a number of affected customers.
ZachXBT, who circulated the notices, believes the incident was limited in size and aimed at high-net-worth users.
1
10
1,087
We're proud to announce our security audit is now complete, run by @ShieldifySec across the OffYield codebase.
Now, are you ready to spend off your yield?
Check out the report 👇
github.com/shieldify-securit…
Another one for the Robinhood ecosystem. Shieldify's audit report for @offyield is now public. Thanks for the trust, keep shipping 🫡 🟡
For more details, check out the report at 👇
github.com/shieldify-securit…
6
3
17
1,651
Where does your deposit go once deposited into OffYield?
Your USDG is supplied through a Morpho Blue vault into established, battle tested markets like USDe, syrupUSDG, spUSDG, and mGLO, earning the yield your card spends while your principal stays whole and withdrawable one to one.
2
16
1,077
gm.
big week incoming, here's what's landing:
- audit complete by @ShieldifySec
- mainnet and tech go live
- $OFY launches
- offyield intern 🤍
10
2
29
1,448
⚠️ There's some noise going around about whether we've launched, so to be clear, we haven't, and we can't stop someone from taking our branding and putting out a fake.
The only real $OFY address will come from this account the moment we go live, so please don't trust or buy any token until you see it posted here by us.
Stay safe.
5
14
1,761
📢 Our reloadable cards will run on Visa, and our non reloadable cards on Mastercard and Amex.
- USD based
- Spendable worldwide (outside sanctioned countries)
- Euro and GBP cards coming later this year for lower local fees
Reloadable cards will also receive a 2.5% cashback on every purchase in USDG, exclusively for $OFY holders.
12
2
13
4,053
who wants early access?
audit is coming before we launch our token, powered by @ShieldifySec.🤝
-offyield intern 🤍
12
2
20
2,166
No shade to anyone caught today, this stuff is hard. But a lot of this comes down to custody and how funds are held.
OffYield keeps your deposit working inside the most established, battle tested yield protocols in DeFi, the card spends only the yield, and your principal stays withdrawable one to one whenever you want.
Did Avici just get hacked?
If you use @avici , check your account immediately.
Multiple user card balances appear to be getting drained to the same address:
solscan.io/account/FVNFzqAny…
2
11
1,683
With our product and token launching soon, we want to start opening up the backend and showing you how OffYield is actually built.
Here’s one rule from the money layer. We never use decimals, because computers round them wrong and small errors pile up until money quietly goes missing.
Instead we count in whole units, like counting cents instead of dollars, and we always round down. So your balance is always exact, and nobody can ever spend money that isn’t really there.
BTS from our backend developer.
2
1
11
1,324
Security is the foundation everything sits on.
So we've partnered with @ShieldifySec to audit the OffYield codebase, every contract and every path your money can take.
Don't trust, verify.
New audit partnership with @offyield 🤝
OffYield is the first neobank on Robinhood where your yield pays the bills, not you ☝️
Audit report coming soon!
4
3
17
2,275
OffYield retweeted
New audit partnership with @offyield 🤝
OffYield is the first neobank on Robinhood where your yield pays the bills, not you ☝️
Audit report coming soon!
5
4
17
4,751
Our Telegram is live 🗣️
Join the OffYield community on Telegram and be part of the journey.
Join here -> t.me/offyield
1
18
1,407
