Gm CT Payroll funds usually just sit idle while waiting to be paid out. @rise_pay is changing that with Rise Earn, powered by @aave vaults. Companies can now earn yield on payroll funds held inside Rise, while employees and contractors can also generate yield on their balances, all without leaving the platform. As far as I know, Rise is currently the only payroll platform enabling built-in yield on payroll funds. A pretty interesting step toward bringing DeFi utility into real-world payroll systems.
Rise
@rise_pay
03-03
Rise is proud to announce Rise Earn - Built-In Stablecoin Yield for Global Teams and Companies via @aave Vaults
Now, companies, employees, and contractors can start earning on their payroll funds without ever leaving the Rise platform.
Traditionally, payroll has been a
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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