While Linus offers a high yield on cash deposits, it is important to note that it is not FDIC-insured. This means that if Linus were to face financial difficulties or go out of business, there is no guarantee that your funds would be protected. Additionally, Linus operates on blockchain and cryptocurrency technology, which can introduce additional risks. The value of cryptocurrencies can be volatile, and there is always the potential for hacking or security breaches.Therefore, it is crucial for users to understand that using Linus is more akin to investing rather than traditional cash deposit accounts. It is important to carefully consider the risks involved and only deposit funds that you are willing to potentially lose.It is also worth noting that the high yield offered by Linus is significantly higher than the national average savings account rate. While this may be appealing, it is important to thoroughly research and understand how Linus generates such high returns and whether it is sustainable in the long term.Overall, while Linus offers the potential for high returns on cash deposits, it is important to approach it with caution and fully understand the risks involved.

Social Link