Grow is a secure plan. It is not FDIC insured and therefore not zero-risk. However, we have three ways of mitigating this risk:
Our trusted lending partners collateralize all digital asset loans by over 125%. High collateralization protects your principal in the case of borrower default.
Contract audit protection
Funds on Yearn are protected by regular smart contract audits. In addition, Yearn diversifies your digital dollars (DAI) across different strategies within a vault to further minimize risk. Over $2 billion is currently safely earning with Yearn.
Bank grade encryption
We encrypt user data using the AES-256 standard. All accounts are protected with a PIN number and two-factor authentication (2FA). Your funds on Donut have the highest security standards, at all times.