Dakota Emerges From Stealth to Provide Bank-Like Services to Crypto Depositors

Dakota, a 'crypto bank,' differentiates itself by lending through decentralized finance protocols, unlike centralized lenders like Celsius and BlockFi. Clients decide lending options, with monthly fees from $150 to $1,500.

CEO Ryan Bozarth emphasizes Dakota's model where clients select DeFi protocols for lending, offering transparency and mitigating centralized risks. Bozarth highlights the importance of smart contract risks over centralization.

Read at Coindesk