Copra finance is one of the services which has managed to give the DeFi yielding for the variety of assets. And now this company is also audited. Despite that there would be risk with smart contracts and holding money with it. But as the popularity goes the company has been partnering with many brands to offer their locked asset yield return too. OKx wallet has offered this service with copra and they even announced the same.
Copra finance is like market of protocols that offer the yield. So you lock the funds and based on the protocols ROI you get the return. And this means the copra finance would be in much better place as the funds are locked through wallet. Like they would not have to get the users go through a lot of loopholes towards the end.
Most of the loans there are fixed rate and so does the locking options that are out there for the fixed rate of the ROI that you get from the investment. In such context you can see that it would be a good option to work out with the investing into it for short term and benefit while the market is good and then take out the funds. I suppose a lot of people have done that for the ethereum based assets.
Looks to me a good direction that Okx wallet is going on. I wish the Trustwallet also partners with other protocols that would be offering services like this. That would be a good direction such projects would into.
You can check out Copra Finance and OKX wallet
