Coinbase announced a new Coinbase wallet feature that allows you to lend cryptocurrency and earn interest on decentralized finance (DeFi) apps.
Users have until now used DeFi apps like Compound and dYdX through the Wallet’s built in decentralized application (dapp) browser or via WalletLink on desktop. The new feature will make it easier to use these DeFi apps by integrating them into the Wallet. It will provide the option to compare rates from providers, deposit your crypto without opening a web browser, and view your balances on a unified dashboard.
