Grow your wealth by harnessing the power of decentralized finance

Yes. Circle, our payment service provider, currently imposes deposit limits of $2,999.99 per day, $5,000 per week and $20,000 per month.

There are no withdrawal limits.

Since Beema Finance is not a bank, your balance is not covered by the FDIC.

If you hold money in Cash App or Venmo, you trade FDIC coverage for convenience. If you invest in stocks, ETFs or mutual funds, you trade FDIC coverage for a higher yield. With us, you get convenience and a higher yield.

We have partnered with Circle to ensure the secure conversion of your money into digital assets and back. We follow strict security protocols to deposit these assets into Anchor where they accumulate in cold storage.

For more info, reach out to us at security@beema.finance.

We have partnered with Anchor to generate yield. Anchor’s yield is backed by:

Interest from borrowers—Anchor implements a money market wherein depositors lend money to borrowers and receive interest in return.

Staking rewards—to borrow through Anchor, a certain amount of collateral must be locked up. For example, to borrow $100, you would lock up about $200 worth of collateral. Collateral on Anchor comes in the form of staked tokens on proof-of-stake blockchains. These tokens generate yield for depositors.

Yield reserve—when there is a surplus of yield, the extra funds are transferred to Anchor’s yield reserve. Conversely, when there is a shortage of yield, funds are taken from the reserve to maintain a stable interest rate for depositors.

Earning with DeFi comes with a unique set of risks to be aware of:

Network risk—to provide our services, we rely on applications built on the Solana and Terra networks. If either of these networks were to fail due to a vulnerability or bug, the applications relying on them would fail as well.

Stablecoin risk—to avoid volatility, we utilize stablecoins, digital assets that are pegged to the US Dollar, such as USDC and UST. However, it is possible for stablecoins to “de-peg”, resulting in a value that is not 1:1 with USD.

Partner platform risk—to give you access to the best earning opportunities, we work exclusively with the most trusted and qualified partners in DeFi. However, as with any software platform, they could have vulnerabilities or bugs.

Custodial risk—in order to make our platform as simple and easy to use as possible, we control the wallets used to interact with our partner platforms. This means it is our responsibility to keep your deposits safe from bad actors.

Some of these risks can lead to issues accessing invested funds for a few hours, or in the worst case, a loss of principal. Extensive auditing and security protocols are in place to significantly reduce the odds of this happening.

For more info, reach out to us at risk@beema.finance.