YIELD App Launches Ethereum Fund, Gives Users up to 20% APY – Press release Bitcoin News

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press release

PRESS RELEASE. ESTONIA — MARCH 8, 2021 — YIELD App, the DeFi wealth management platform bridging traditional and digital finance, is pleased to announce the launch of its Ethereum fund, allowing users to earn high-interest returns on their Ether (ETH). Following a successful public launch and token listing (YLD), YIELD App can now offer its users up to 20% APY on their ETH and stablecoins. Ethereum deposits will be gradually open to YIELD App users over the next several days. The platform now accepts deposits of USDC, USDT, ETH, and YLD.

YIELD App has seen notable progress since the public launch of its web application on 12 February 2021. Over 10,000 users have already registered, helping the platform reach more than USD $5 million AUM. Currently, over 33 million YLD tokens are held in YIELD App wallets – accounting for over 30% of the current supply – and more than 500 users have “Tier 5” accounts (20,000+ YLD), granting them a 10% APY boost.

Designed for both the retail and institutional market, YIELD App accommodates the needs of investors interested in digital asset classes while also allowing crypto veterans…

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