While 3% / 6% Bonus earned is not FDIC Insured, the Bonus is provided by Wyre, a regulated money service business (NMLS ID: 1574869) in United States, that has high standards for security and recourse, if needed.

Institutional Lending Desks - Wyre does extensive due diligence on counter-parties making sure they satisfy all current obligations with state & federal regulators. Eg: FinCEN Registerations, NMLS, SOC1/SOC2 Audits, etc.

Minor on-chain Protocols - Wyre focuses on cryptographic recourse i.e. it operates on open source protocols that have distributed teams and the digital assets are secured transparently on-chain with verifiable cryptographic rules.

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