Yield App ($YLD) is a crypto-earning platform, that offers returns up to 9% APY on popular cryptocurrencies and the option to lock your tokens for higher potential returns.
The option to switch between fiat-stablecoin returns or crypto returns depending on the price volatility of the crypto asset, whichever one is higher, is one of the main attractive features of this platform. This is genius, because then you’re able to mitigate the downside risk while enjoying the exposure to upside capital gains — an innovation that can be utilized by locking, staking $YLD, and setting automated buy-low/sell-high orders using Yield Pro. I hope I’m not oversimplifying this, but to my understanding:
- Invest by locking tokens or staking $YLD. By providing liquidity or capital, you should be entitled to some basic, guaranteed level of returns.
- Swap in to crypto, where you can gain exposure to greater risk and returns.
- If the token value appreciates higher than your expected APY, then sell it for capital gains.
- If the token value falls, then the least you should receive is the yield on the stablecoin, and avoid the loss on the crypto price fluctuation.
Yield.app has worked hard to offer innovative solutions to the crypto-yield industry, putting all the necessary components in; web3 app, fiat-ramps, research and development studio Yield App Labs, single and muti-strategy regulated funds, as well as a growing full traditional structured products platform.
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