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Press release
revenue application – This The official digital asset wealth management partner of Premier League football club West Ham United – In just 11 months since its launch in February 2021, the much-anticipated version 2 (V2) of the platform has been launched.
In such a short time, Yield App has gained over 70,000 users and over $420 million in assets under management.The platform currently offers market leading prices USDT, Dollar, bitcoin and Ethereum, and offer attractive rewards to holders of its native token YLD. This new second version of the platform brings a smoother user experience and a host of exciting new features, some of which are listed below.
Control compound interest and earnings
V2 brings greater convenience and control, allowing you to view the value of your digital assets in the currency of your choice, such as USD, EUR or GBP. You also now have the option to use the “Auto Compound” option to automatically put your income back into your portfolio for higher long-term returns, and the option to use “Auto Deploy” to send new wallet deposits directly to investments of your choice combination.
Choose to earn rewards with underlying assets or $YLD
The V2 product update enables users to earn all rewards through the Yield App’s native token, YLD, further increasing their base return by 2% per year.
full cycle swap
In Yield App V2, users will be able to exchange any of their assets for another asset listed on the platform.Currently supported assets are stablecoins USDT, USDC and the newly added DAI, and Ether (Ethereum) and Bitcoin (bitcoin).
Level change
With this update, the Yield App introduces a new tier reward system consisting of four tiers: Bronze, Silver, Gold, and Diamond. The structure pays variable returns based on the user’s tier, rewarding all users with market-leading APY.
Lock up YLD tokens to increase rewards
Unlike version 1 of the Yield App, where YLD can only be stored in wallets to increase earnings, version 2 brings two options: staking or locking your YLD, applicable to Silver Tier and above. Staking YLD can get an annual interest rate of 4% to 6% APY, and locking YLD for one year can get a fixed rate of 12%.
Security enhancements, better reporting, and more
With these major upgrades, Yield App V2 brings enhanced security features, including automatic logout, stronger two-factor authentication, and the ability to whitelist trusted addresses to minimize the risk of errors.
In version 2, monitoring and reporting of digital asset activity is also simpler. From February 2022, users can download reports of all transactions with one click, including transaction time, IP address and location.
The announcement proved to have a huge impact on the Yield App’s community, and YLD has enjoyed significant upward momentum as a result. V2 and the vast improvements it brings are a clear sign of Yield App’s intent to be a long-term leader in the world of digital wealth, making this platform one to watch.
Here is a detailed overview of all the exciting new features of Yield App V2:
https://www.youtube.com/watch?v=66AdO6qsMn0
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