# How Earning through Nook Works Think of Nook as a high-yield earning account that taps into the stablecoin lending markets. When you deposit money, whether through Plaid Coinbase, Apple Pay, or a debit card - your funds are put into a programatic money market, where they are automatically matched with borrowers. These borrowers have collateralized their funds so that they are yours until they repay their borrowed amount. The interest from Nook comes from the interest paid by borrowers and goes directly to you. Nook does not take a cut or a fee. The earning process can be deposited into three key steps. #### Convert your cash Nook partners with Coinbase - our trusted payment provider - to convert your funds into USDC, a stablecoin pegged 1:1 to the U.S. dollar. The conversion happens behind the scenes in seconds, so you can start earning right away. #### Deposit your funds Nook sends funds from your wallet directly to the earning protocol with the highest rate — all of which are hand selected with over $60B total across their platforms. #### Move funds anytime At any point, you can withdraw your funds directly back to your Bank or Coinbase account. There are no lockups, delays or wait times. --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.nookapp.xyz/basics/editor.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.