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Introducing Pyra The DeFi-native bank replacement. Earn yield, hold assets, spend cash - without selling your crypto. All onchain, all self-custodial, all on Solana DeFi. The beta is now live. Learn more ↓

34,917 views • 1 year ago •via X (Twitter)

11 Comments

Pyra | Hold, Earn, Spend's profile picture
Pyra | Hold, Earn, Spend1 year ago

A brand new way to spend, powered by @DriftProtocol. Pyra connects DeFi to the real world. Simply deposit assets, and get instant access to a secured line of DeFi credit through the Pyra @Visa card - without selling a thing.

Pyra | Hold, Earn, Spend's profile picture
Pyra | Hold, Earn, Spend1 year ago

No selling = no capital gains tax. And if prices rise? You keep all the gains. Other cards require topping up a separate “spendable balance” or selling your assets for stablecoins. Pyra lets you stay DeFi-native at all times.

Pyra | Hold, Earn, Spend's profile picture
Pyra | Hold, Earn, Spend1 year ago

Your balance is kept in @DriftProtocol, right up until you pay with your card. No off-ramping, no losing custody. Fully DeFi native means full DeFi yield, on all deposits, 24/7.

Pyra | Hold, Earn, Spend's profile picture
Pyra | Hold, Earn, Spend1 year ago

Here's how it works: 1. You deposit $100 of your assets (eg: SOL) 2. You pay for your $20 lunch 3. Instead of selling, Pyra takes out a $20 USDC loan in real time using your SOL as collateral 4. We settle the USDC 1:1, with no spend fees 5. All while you keep earning yield And if prices fall? Real-time alerts mean you stay on top of your balance, while liquidation protection means you’ll never pay liquidation fees again.

Pyra | Hold, Earn, Spend's profile picture
Pyra | Hold, Earn, Spend1 year ago

We are building in public, which means shipping fast. Sign up for the Pyra beta today to be among the first in the new age of crypto cards: a card that’s truly built for DeFi-natives.

The Crypto Digest's profile picture
The Crypto Digest1 year ago

🚀Get the top YouTube crypto influencers summarized and delivered straight to your inbox. No more searching—just the best insights, powered by AI. 📊 🔓 Subscribe now for exclusive weekly updates and elevate your crypto game! 🚀 👉

Pyra | Hold, Earn, Spend's profile picture
Pyra | Hold, Earn, Spend1 year ago

💚🤍🧡

meida. (may-duh)'s profile picture
meida. (may-duh)1 year ago

If I use Pyra, will I become a PYRAte? Lol. Sorry. I’m deleting my account forever.

Pyra | Hold, Earn, Spend's profile picture
Pyra | Hold, Earn, Spend1 year ago

Who needs whales when you have Pyrates?

w.sol's profile picture
w.sol1 year ago

w

Pyra | Hold, Earn, Spend's profile picture
Pyra | Hold, Earn, Spend1 year ago

always

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