Yield App Unveils Higher Yield Passive Income Product
[PRESS RELEASE ESTONIA — 1 SEPTEMBER 2022]
Yield App’s new Earn Plus products are an addition to the existing passive crypto income range
Yield App, a global FinTech company and digital wealth platform which has attracted more than 80,000 customers since its launch in February 2021, is enhancing its product suite with a new higher-yielding crypto passive income alternative.
The new crypto passive income product suite has been named Earn+ and comprises stablecoin and Ether portfolios with a 30-day redemption notice period. In addition, the existing BTC passive income product will be upgraded to have the same features as Earn+.
These portfolios now pay the highest yields on the crypto assets available on the platform, with up to 10% p.a. currently available on Earn Plus stablecoin products to Diamond Tier members.
Yield App Diamond Tier members must stake or lock 20,000+ of its native token YLD on the digital wealth platform. They are rewarded with the highest interest rates across Yield App’s crypto passive income product range, as well as a range of additional perks.
The existing instant access products remain available under the title Flexible, paying an alternative interest rate in exchange for instant liquidity. The additional Earn+ product range provides customers with greater flexibility in terms of how they choose to earn passive income on the Yield App platform.
Tim Frost, CEO of Yield App, says: “I am thrilled that Yield App is continuing to grow and expand its offering during a turbulent time for the cryptocurrency markets.
“This latest launch is a testament to our strengths in asset management and risk mitigation, which have carried us through the market turmoil and allowed us to take advantage of the yield-generating opportunities available in the market as a result of the recent volatility.”
Yield App is a digital wealth platform that allows its customers to earn secure and sustainable yields on the biggest digital assets. Customers can earn passive income and convert their digital assets within the intuitive web platform and crypto app.
Customers simply deploy their crypto assets into Yield App portfolios to earn passive income on stablecoins, BTC and ETH, compounding daily. At the core of the platform’s strategy is its $YLD token, which rewards loyal community members with a higher APY the more YLD they stake or lock on the platform.
About Yield App
Yield App believes that everyone should have access to the best earning opportunities. Its mission is to unlock the full potential of digital assets, combine them with the most rewarding opportunities available across all financial markets and make these available to the world. To achieve this, the company provides an innovative digital wealth platform and crypto app that bridges traditional and decentralized finance in the easiest way possible.
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I’m a journalist who specializes in investigative reporting and writing. I have written for the New York Times and other publications.