Skew is a Swiss-regulated DeFi protocol offering high-yield USDT lending, non-custodial crypto debit cards with attractive cash-back rewards, and a tier-based system for enhanced benefits. The platform provides up to 20% APR on USDT lending through direct lending to accredited borrowers, and offers debit cards with up to 8% cash-back. Skew emphasizes compliance, security, and user education, catering to both novice and experienced crypto users seeking a stable, high-return investment platform.
Skew is a Swiss-regulated DeFi protocol that offers a comprehensive platform for earning, spending, and borrowing cryptocurrency securely. The platform's key value proposition lies in its ability to provide stable and attractive APR rates of up to 20% on USDT, powered by direct lending to accredited borrowers. Skew also offers non-custodial crypto debit cards with cash-back rewards of up to 8%, providing users with full control over their funds.
Key strengths of Skew include:
Potential drawbacks may include the requirement for users to lock in SKW tokens to access higher tiers and rewards.
Skew sets itself apart from competitors through its Swiss regulation and direct lending to accredited borrowers, which allows for stable and attractive APR rates. The non-custodial nature of its debit cards, combined with high cash-back rewards, offers users both control and financial benefits. The tier-based system incentivizes long-term engagement with the platform.
Skew offers a simple and accessible design, allowing users to handle card details, tier status, and transaction history in one convenient app. The platform also provides educational content through "The Academy," which helps demystify Skew's functionality and value for users.
Users can customize their experience by choosing their tier level, which determines their cash-back rewards and lending limits. The platform offers a Bridge and Swap service for exchanging crypto, providing flexibility in managing assets.
Specific information about exchange integrations and supported cryptocurrencies is not provided in the available data. However, the platform mentions USDT for lending and offers crypto debit cards, suggesting support for multiple cryptocurrencies.
Skew operates on a tier-based system with six levels:
Users must lock SKW tokens for at least 6 months to access higher tiers and benefits.
As a Swiss-regulated DeFi protocol, Skew emphasizes compliance and security. The platform's APR is described as stable and attractive, powered by lending directly to accredited borrowers. However, specific data on uptime or order execution speed is not provided in the available information.
Skew caters to various user segments, including:
Skew maintains an active presence on Telegram, encouraging users to join for updates and community engagement. The platform also provides educational resources through "The Academy," offering articles on various crypto-related topics to help users understand the platform and the broader cryptocurrency ecosystem.