Yield App (YLD)

What is YIELD App?

YIELD App is a custodial app that allows users to earn up to 17% APY for YLD token holders on a variety of cryptocurrency assets. 

There are a few notable aspects of YIELD App’s value proposition:

• It’s custodial but offers exposure to DeFi and other digital asset investment strategies. 
• It doesn’t charge gas fees. Most DeFi yields succumb to high gas fees. 
• It pays interest daily. 

Users can earn up to a whopping 17% when maxing out the YLD loyalty and rewards program, which we’ll get into below.

YIELD App currently supports four assets (USDT, USDC, ETH and BTC) for earning APY. Its native YLD token is automatically staked when held on the platform to earn additional rewards and provide access to higher tiers.

Rewards are distributed every 24 hours and can be redeemed at any moment. They are not automatically added or compounded though, instead if you want to reinvest your rewards then you must reinvest them inside your account. The company plans to add auto-compounding in the future.

The YLD rewards earned on your assets are stored in your portfolio while the YLD you earn on your staked YLD (wallet balance) will only automatically compound and accrue in your YLD wallet. 

YIELD App’s minimum investments are set at 0.03 BTC, 0.1 ETH, and 100 USDC/USDT, respectively. 

How Does YIELD App Work?

YIELD App is a digital asset wealth management platform that targets a minimum rate of return for our users.

YIELD App claims to seek the highest risk-adjusted rate of return within the cryptocurrency financial ecosystem through a diversified portfolio that is designed to minimize volatility.

The portfolio team aggregates all user funds and invests them across various crypto-based investment strategies and DeFi protocols. YIELD App aims to reduce the capital required as well as the transaction expenses, complexities, and time cost an individual would face trading on their own. 

According to the site, YIELD App curates “bespoke opportunities in partnership with industry-leading quant funds, miners, market makers, and other proven DeFi investment managers.” 

YIELD App uses its own automated and proprietary portfolio allocation tools, research, smart contract auditors, and approved counterparties to deploy and manage the assets it manages for users.

What are the Risks?

-Rise and fall of the U.S. Dollar. Many DeFi instruments are stablecoin-backed, which are based on the US Dollar. YIELD App structures its positions as dollar-neutral (for stablecoin pools) and asset-neutral for others.

-The DeFi industry is notorious for its intense volatility, largely due to the space’s infancy and the overarching volatility of cryptocurrency assets. YIELD App’s multi-strategy approach aims to mitigate the volatility with a diversified portfolio.

-Sharp and sudden market crashes and “Black Swan” level events. 

How Does YIELD App Make Your Money?

YIELD App deploys several investment strategies across the digital asset universe, among others in the decentralized finance (DeFi) ecosystem.

The company is unique in that it undertakes active portfolio management, whereas most cryptocurrency interest account platforms tend to rely on automated lending mechanisms. YIELD App aims to combine risk mitigation, social intelligence and analytics, smart contract auditing, and batched transactions with full technical and business due diligence.

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