The LifeDAO Launches Stablecoin Savings Vault Targeting Up to 6% Annual Yields
Riyadh-based community-owned “nobank” introduces a stablecoin savings product offering annual yields between 3% and 6%.
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Riyadh-based The LifeDAO has launched a stablecoin-based Savings Vault, offering users a targeted annual percentage yield (APY) of 3% to 6% as it expands its decentralized financial services.
Built on blockchain and decentralized finance technology, the Savings Vault mirrors a traditional savings account while allowing depositors to retain full control of their funds without relying on a third-party intermediary.
The vault holds USDC and USDT and is designed as a capital preservation with low-risk yield generation.
The LifeDAO, an invite-only association that currently has close to 1,000 members, is available globally and designed to be fully shariah-compliant. Its technology was developed by Takadao, a venture-backed Riyadh blockchain startup.
It plans to launch investment vaults in the second quarter of 2026 and peer-to-peer lending services in the third quarter.
Riyadh-based The LifeDAO has launched a stablecoin-based Savings Vault, offering users a targeted annual percentage yield (APY) of 3% to 6% as it expands its decentralized financial services.
Built on blockchain and decentralized finance technology, the Savings Vault mirrors a traditional savings account while allowing depositors to retain full control of their funds without relying on a third-party intermediary.
The vault holds USDC and USDT and is designed as a capital preservation with low-risk yield generation.
The LifeDAO, an invite-only association that currently has close to 1,000 members, is available globally and designed to be fully shariah-compliant. Its technology was developed by Takadao, a venture-backed Riyadh blockchain startup.
It plans to launch investment vaults in the second quarter of 2026 and peer-to-peer lending services in the third quarter.
