[warkdarrior]

> Essentially, an app that you can deposit funds into, earn interest that is well above what your bank account pays, and earns rewards that are competitive (or ideally beat) with credit cards.

That would be fantastic! Give me 10% interest on my wallet, and 10% "cashback" for my purchases with crypto, and I'll switch my whole financial life to crypto.

[xur17]

10% cashback is probably pushing it unless the wallet is giving away "platform tokens" as a growth hack at the beginning. 2 to 3% is probably more realistic given what merchants pay credit card providers.

Long term, if merchants were smart, they'd make their own reward systems on top of this to encourage usage.