THELOGICALINDIAN - The V2 artefact amend enables users to acquire all their rewards in Yield Apps built-in badge YLD to addition their abject allotment by a added 2 per year
Yield App has apparent the hotly advancing Version 2 (V2) of its platform, aloof 11 months back it launched in Feb. 2021.
In this abbreviate time, Yield App has garnered added than 70K users and added than $420 actor in managed assets. The belvedere currently offers market-leading ante on USDT, USDC, BTC and ETH, as able-bodied as adorable rewards for holders of its built-in token, YLD. This new, additional adaptation of the belvedere brings with it a abundant sleeker user acquaintance forth with a bulk of agitative new features, some of which are listed below.
Control over Compounding and Earning
V2 brings greater accessibility and control, acceptance you to appearance the amount of your agenda assets in the bill of your best – USD, EUR or GBP, for example. You can additionally now accept to accept your balance put automatically aback into your portfolio application the “auto-compound” option, leading to college abiding earnings, and accept to accelerate new wallet deposits beeline to your called portfolios with “auto-deploy”.
The V2 artefact amend enables users to acquire all their rewards in Yield App’s built-in token, YLD, to addition their abject allotment by a added 2% per year.
In V2 of Yield App, users will be able to bandy any of their assets to addition asset listed on the platform. The assets currently accurate are stablecoins USDT, USDC and anew added DAI, as able-bodied as Ether (ETH) and Bitcoin (BTC).
With this update, Yield App has alien a new Tier rewards arrangement consisting of four tiers: Bronze, Silver, Gold and Diamond. The anatomy pays capricious allotment depending on a user’s Tier level, advantageous all users with market-leading APYs. Here’s what the new Tier anatomy looks like:
Unlike Version 1 of Yield App, area YLD could alone be captivated in the wallet to addition earnings, Version 2 brings two options: pale or lock your YLD, accessible to Silver Tier and above. Staking YLD earns anniversary absorption of 4% to 6% APY, while locking YLD for a year earns a collapsed amount of 12%.
Along with these above upgrades, Yield App V2 brings added aegis features, including an automated logout feature, added able-bodied two-factor affidavit and the adeptness to whitelist trusted addresses to abbreviate the accident of mistakes. Monitoring and advertisement of agenda asset activities is additionally abundant simpler in Version 2. From February 2022, users can download a address of all their affairs with one bang that includes the time, ip addresses and area of transactions.
The advertisement has accurate a huge hit with Yield App’s community, with YLD adequate cogent advancement drive as a result. V2 and the massive improvements it brings with it are a bright account of Yield App’s ambition to become a abiding baton in the apple of agenda wealth, authoritative this belvedere one to watch.
Yield App believes that anybody should accept admission to the best earning opportunities. Our mission is to alleviate the abounding abeyant of agenda assets, amalgamate them with the best advantageous opportunities accessible beyond all banking markets and accomplish these accessible to the world. To accomplish this, we accommodate an avant-garde abundance administration belvedere that bridges acceptable and decentralized accounts in the easiest way possible.
