Yield App Launches V2, and It’s More Than Just a New Look
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
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.
In this short time, Yield App has garnered more than 70,000 users and more than $420 million in managed assets. The platform currently offers market-leading rates on USDT, USDC, BTC and ETH, as well as attractive rewards for holders of its native token, YLD. This new, second version of the platform brings with it a much sleeker user experience along with a raft of exciting new features, some of which are listed below.
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”.
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.
In V2 of Yield App, users will be able to swap any of their assets to another asset listed on the platform. The assets currently supported are stablecoins USDT, USDC and newly added DAI, as well as Ether (ETH) and Bitcoin (BTC).
With this update, Yield App has introduced a new Tier rewards system consisting of four tiers: Bronze, Silver, Gold and Diamond. The structure pays variable returns depending on a user’s Tier level, rewarding all users
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