PRESS RELEASE. Yield App is a global FinTech company that offers digital wealth platforms and has attracted over 80,000 customers since its February 2021 launch. Now, the company is expanding its product line with a higher-yielding passive income option.
The new crypto passive income product suite, Earn+, includes stablecoin and Ethereum portfolios. There is a 30-day redemption period. The existing BTC passive income product, which is currently in beta, will also be upgraded to include the same features as Earn+.
These portfolios pay the highest yields possible on crypto assets on the platform with as high as 10% per annum. Diamond Tier members can currently access Earn Plus stablecoin products.
Diamond Tier Yield App members must stake or lock at least 20,000+ of the native token YLD on this digital wealth platform. They will be rewarded with the highest interest rates in Yield App's crypto passive-income product range and a variety of other perks.
All existing instant access products are still available under the title Flexible. This alternative interest rate allows for instant liquidity and provides an alternative to the standard one. Customers have greater control over how they want to earn passive income through the Yield App platform with the addition of Earn+.
Tim Frost is Yield App's CEO. "I'm thrilled that Yield App continues to grow and expand its offerings during this turbulent time in the cryptocurrency markets.
"This is our latest launch, a testament to the strengths in asset management & risk mitigation that have helped us through market turmoil and allowed to take advantage the yield-generating opportunities in the market due to the recent volatility."
Yield App, a digital wealth platform, allows customers to secure and sustainably earn on the largest digital assets. Customers can convert digital assets and earn passive income through the intuitive web platform or crypto app.
Customers can simply use their crypto assets to generate passive income on stablecoins and BTC, compounding every day. The platform's $YLD token is the heart of its strategy. It rewards members who are loyal with higher APY for each staked or locked on it.
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About Yield Application
Yield App believes everyone should have the opportunity to earn the most. Yield App's mission is to unlock digital assets and combine them with the best opportunities across all financial markets to make them available to everyone. The company offers a digital wealth platform and a crypto app that bridge traditional and decentralized finance in an innovative way.
Contact pr@yield.app for more information or visit www.yield.app.
This is a press release. Before taking any action related to the promoted company, or any of its affiliates, or services, readers should do their research. Bitcoin.com does not assume any responsibility for any loss or damage caused or alleged by the use or reliance of any content, goods, or services mentioned in this press release.
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By: Media
Title: Yield App Unveils Higher Yield Passive Income Product
Sourced From: news.bitcoin.com/yield-app-unveils-higher-yield-passive-income-product/
Published Date: Thu, 01 Sep 2022 17:00:47 +0000
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