What is Flex?

Flex is a deposit account that earns you 5% APY through automatic lending. When you deposit money into Flex, it goes into a liquidity pool managed by Compound Finance. Borrowers who’ve put up collateral can then secure loans from the pool in return for interest – and we pay that interest to you. Since your deposits go to a pool rather than individual borrowers, you can withdraw or deposit anytime, as often as you like, and without any fees.