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Yield App is changing the narrative as it generates yield without providing money for on-chain lending or MLM schemes. Yield App accepts deposits in Euro and Great Britain Pound ; fiat-to-crypto exchange is also available to all customers.Yield App's tokenomical design is underpinned by the native YLD token on Ethereum , while its technical stack includes Haven1, an EVM-compatible Layer-1 blockchain optimized for DeFi-centric use cases.
This class of applications work with stable and predictable yield rates. When it comes to crypto, they access the widest range of cryptocurrencies, including both Bitcoin and altcoins. The majority of them rely on centralized storage and organize KYC/AML checks for potential clients. This class of yield apps is the most secure and cost-efficient one. Also, it is the go-to solution for customers with no previous experience in finance, crypto or investments.
Yield App’s over-the-counter desk allows big depositors to perform exchange operations worth $100K+ in equivalent with 70+ cryptocurrencies. These swaps are fully confidential and are not demonstrated on any exchange. Currently, the blockchain is protected by a network of seven validators. To enhance its decentralization and earn extra rewards, YLD holders can stake their tokens in favor of this or that validator. With over 100,000 YLD staked, customers can access additional services and premium rewards.
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