Whop shipped 6% yield to 21M users. Most of them have no idea it's DeFi.
If you haven't heard of @whop, they're like Shopify, Patreon, and Udemy rolled into one for the internet generation.
21M users, $3B+ in payouts, growing 255% year over year.
Their new Treasury product enables balances to earn up to 6% on @aave through @veda_labs via an integrated self-custodial wallet on @Plasma.
The user just sees a number going up every second in their Whop dashboard, with zero crypto friction.
Classic DeFi mullet.
While congress debates whether stablecoins should be allowed to pay yield, Whop shipped yield through lending markets, sidestepping the debate entirely.
Everything is a bank.
Any platform with float can offer yield as a feature.
This is the same threat to deposits that banks have been lobbying against, except this one is less in their control.
Users are on Whop because that's where they earn. Now they can grow their balances there too.
It's only a matter of time before Whop enables spend (cards) and credit (they can already see your revenue).
This is the consumer equivalent of merchant banking, and banks will need to step up the utility of their offerings in order to compete.
Why is SSO an enterprise feature? Did some identity provider decide to charge extra for it and it’s being passed to the customer?
You want SSO for your docs hosting platform? Let me connect you to our sales team!?!
Yo @AnthropicAI what’s wrong with 4.6? Quality is in shambles, it’s constantly lying and just hasty. Sticking to 4.5 for now but please do better with 5.0
@alex_prompter okay and? again claude has been capable of doing this for ages. why are we acting like booking a restaurant is groundbreaking. now if you said it did your laundry we would be talking now
@LinusEkenstam@aakashgupta no dude its obvious, how else would you do it? probably never thought about it. seems like thats something you have in common with LLMs
@alex_prompter he just reads the website, which is down right now. wonder if that clawd wonder machine took its own website down. wonder if the creators can even fix it
@rapidreplica @calebcanales3 @whop Hey, thank you for reaching out. This has been adjusted to properly indicate the post trial charges.
Let us know if you run into any other issues!
Developers are about to have the entire Whop infrastructure at their fingertips.
I can confirm that this will be like building on Stripe in 2012 blended with Discord in 2016.
If you would like early access, please join this waitlist:
https://t.co/yUHweE7F4h