Press Release
Yield App – the official digital asset wealth management partner of premier league football club West Ham United – has unveiled the hotly anticipated Version 2 (V2) of its platform, just 11 months since it launched in February 2021.
Yield App is now home to more than 75,000 users, and $420 million worth of managed assets. The Yield app currently provides market-leading rates in USDT and USDC as well as appealing rewards for holders YLD, its native token. The platform’s second edition features a more intuitive user interface and a host of new exciting features.
Earnings and compounding are under your control
V2 brings greater convenience and control, allowing you to view the value of your digital assets in the currency of your choice – USD, EUR or GBP, for example. You can also now choose to have your earnings put automatically back into your portfolio using the “auto-compound” option, leading to higher long-term earnings, and choose to send new wallet deposits straight to your chosen portfolios with “auto-deploy”.
You can choose to receive rewards as a base asset, or $YLD
The V2 product update enables users to earn all their rewards in Yield App’s native token, YLD, to boost their base returns by a further 2% per year.
Swaps of full cycles
Users will have the ability to trade any asset to another asset on Yield App in V2 (V2 of Yield App). The stablecoins USDT (USDC), newly added DAI (DAI), Ether (ETH), and Bitcoin (BTC) are currently supported.
Tier changes
Yield App introduced the new Tier rewards system with this update. There are now four tiers to choose from: Gold, Silver and Diamond. The structure pays variable returns depending on a user’s Tier level, rewarding all users with market-leading APYs.
To increase rewards, lock YLD tokens
Version 1 of Yield App had YLD only being held in the wallet, so Version 2 gives you two options. Silver Tier or above can either stake or lock their YLD. Annual interest is earned by locking your YLD, which earns you a flat rate 12%.
Improved security, reporting improvements and many other things
Yield App V2 includes these important upgrades. Yield App V2 offers enhanced security features such as automatic logout, stronger two-factor authentication, and whitelisting trusted addresses in order to limit the possibility of errors.
Version 2 also makes reporting on digital asset activity monitoring and reporting much easier. Version 2 makes it easier to monitor and report on digital assets activities. Users will be able to download an overview of all transactions, including the location, time, IP addresses, and locations, starting February 2022.
The announcement has proven a huge hit with Yield App’s community, with YLD enjoying significant upward momentum as a result. V2 and the massive improvements it brings with it are a clear statement of Yield App’s intention to become a long-term leader in the world of digital wealth, making this platform one to watch.
Here’s a detailed overview of all the new and exciting features of Yield App V2:
Register for the YIELD App now
Get the Yield App at:
YouTube
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Discord
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