• Latest
  • Trending
YIELD App Bitcoin Fund Launched With 12% APY

YIELD App Bitcoin Fund Launched With 12% APY

July 9, 2021
Banxso: The Ultimate Trading Platform for Forex and Stocks

Banxso: The Ultimate Trading Platform for Forex and Stocks

May 6, 2022
Tips for Choosing Good Crypto Sports Betting Site

Tips for Choosing Good Crypto Sports Betting Site

April 12, 2022
Bitcoin Surges to $51,000 as the Dollar Shows Its Strength Against Euro

Bitcoin Surges to $51,000 as the Dollar Shows Its Strength Against Euro

December 28, 2021
Bitcoin Reaches New Technical Support on Weekly Trading Chart

Bitcoin Reaches New Technical Support on Weekly Trading Chart

December 21, 2021
New Farm and Pool to Earn $KAI Will Be Live Soon on Apeswap

New Farm and Pool to Earn $KAI Will Be Live Soon on Apeswap

December 14, 2021
Nexo and Fidelity Digital Assets Enter a Partnership

Nexo and Fidelity Digital Assets Enter a Partnership

December 8, 2021
Borderless Capital Announces $500 Million Fund

Borderless Capital Announces $500 Million Fund

December 1, 2021
Mexico’s Third-Richest Billionaire Suggests Buying Bitcoin

Mexico’s Third-Richest Billionaire Suggests Buying Bitcoin

November 26, 2021
Coinbase CEO Says New NFT Marketplace Can Outperform Crypto Business

Coinbase CEO Says New NFT Marketplace Can Outperform Crypto Business

November 11, 2021
  • About Us
  • Advertise
  • Editorial Policy
  • Terms And Conditions
  • Privacy Policy
  • Team
Thursday, May 19, 2022
  • Login
BitcoinNews.Digital
  • Latest News
  • Bitcoin Insights
  • Security
  • Charts
  • Become A Contributor
No Result
View All Result
  • Latest News
  • Bitcoin Insights
  • Security
  • Charts
  • Become A Contributor
No Result
View All Result
BitcoinNews.Digital
No Result
View All Result

YIELD App Bitcoin Fund Launched With 12% APY

Judson Flaherty by Judson Flaherty
July 9, 2021
in Bitcoin News
YIELD App Bitcoin Fund Launched With 12% APY

Yield has announced the launch of their new service YIELD App Bitcoin Fund with the APY about 12%. It includes a 6-percentage-point APY for the (BTC) user and another 6-percentage-point APY on YLD incentives.

Initially, Bitcoin and Tier 5 users will have the fund open for the deposits. These are those YEILD members holding tokens of 20,000 YLD in the wallet offered by the product. It will remain accessible for the users to deposit Bitcoin for only 72 hours, starting from July 8, on Thursday 07:00 UTC and ending at July 11, 07:00 UTC on Sunday, or until the 500 BTC fund cap is met, whichever comes first. Individual users can contribute BTC 0.25 to the fund.

In case if any of the funds of BTC 500 BTC allocations remain, then post 72 hours, and will remain accessible to deposits with the users of YIELD App starting from 7.00 UTC on Sunday, July 11, until July 12, 07:00 UTC on Monday or the 500 BTC cap is achieved, whichever comes first.

BTC and YLD rewards

There will be the closure of funds for 90 days until Sunday, October 10, 2021. Investors could withdraw the coin during this time but will have to pay interest through BTC and subject to additional fines and withdrawal costs. The YLD earned on BTC holdings can be redeemed by all fund investors on wallets by the platform.

During the end of the term, investors who have remained in the Bitcoin Fund by YIELD App for the first time will gain primary investment and the interest earned in their BTC. During this period, the YIELD team decides to expand the fund’s investment of the BTC 500 limit, depending on demand and market conditions.

BTC in DeFi

Time Frost, CEO of the YIELD App, said the launch of their product represents the company’s vision, and the user will be able to invest successfully in the DeFi platform. Very few websites in this sector still do, and many of them require customers to wrap up their BTC first. On the other hand, YIELD App simplifies investing Bitcoin in DeFi, where customers can deposit directly to BTC with the company.

The YIELD Fund is a good product designed on the lines of top funds for investment in Ether, USDT, and USDC, which pay out an annual percentage yield (APY) of about Twenty percent for the former and up to 17.5 percent for the latter. App by the YIELD is delighted to see over 44,500 customers joining the platform since its public launch in February 2021, with over $135 million in assets entrusted to us to manage.

After introducing the fund of Ethereum in March, the company is looking forward to significant demand for its Bitcoin fund. The company will closely monitor and try to satisfy while providing passive income possibilities in the ecosystem.

Previous Post

BTC Power Plant Transforms Seneca Lake into a Hot Tub

Next Post

BTC Miner Explores Reserves Worth $200M for US Listings

Judson Flaherty

Judson Flaherty

Judson Flaherty is an Finance Expert. He is very enthusiast writer on cryptocurrency and has been writing about blockchain technology from last 5 years.

Related Posts

Bitcoin Surges to $51,000 as the Dollar Shows Its Strength Against Euro
Bitcoin News

Bitcoin Surges to $51,000 as the Dollar Shows Its Strength Against Euro

December 28, 2021
Bitcoin Reaches New Technical Support on Weekly Trading Chart
Bitcoin News

Bitcoin Reaches New Technical Support on Weekly Trading Chart

December 21, 2021
Mexico’s Third-Richest Billionaire Suggests Buying Bitcoin
Bitcoin News

Mexico’s Third-Richest Billionaire Suggests Buying Bitcoin

November 26, 2021

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

Banxso: The Ultimate Trading Platform for Forex and Stocks

Banxso: The Ultimate Trading Platform for Forex and Stocks

May 6, 2022
Tips for Choosing Good Crypto Sports Betting Site

Tips for Choosing Good Crypto Sports Betting Site

April 12, 2022
Bitcoin Surges to $51,000 as the Dollar Shows Its Strength Against Euro

Bitcoin Surges to $51,000 as the Dollar Shows Its Strength Against Euro

December 28, 2021
Bitcoin Reaches New Technical Support on Weekly Trading Chart

Bitcoin Reaches New Technical Support on Weekly Trading Chart

December 21, 2021
New Farm and Pool to Earn $KAI Will Be Live Soon on Apeswap

New Farm and Pool to Earn $KAI Will Be Live Soon on Apeswap

December 14, 2021


BitcoinNews.Digital cover top stories and real-time updates from the latest Bitcoin insights to in-depth news articles for major altcoins. Follow BitcoinNews.Digital to stay updated in the world of
cryptocurrencies.

Address: 3280 Peachtree Road NE, Atlanta, GA 30305.

Email: jae@bitcoinnews.digital

Quick Links

  • About Us
  • Advertise
  • Editorial Policy
  • Terms And Conditions
  • Privacy Policy
  • Team

Categories

  • Bitcoin News (32)
  • Cryptocurrency (13)
  • PR (1)

Featured Posts

  • All
  • Bitcoin News
Nexo and Fidelity Digital Assets Enter a Partnership
Cryptocurrency

Nexo and Fidelity Digital Assets Enter a Partnership

by Jae Sweeney
December 8, 2021
  • Latest News
  • Bitcoin Insights
  • Security
  • Charts
  • Become A Contributor

Copyright © 2022. BitcoinNews.Digital. All Rights Reserved.

No Result
View All Result
  • Latest News
  • Bitcoin Insights
  • Security
  • Charts
  • Become A Contributor

Copyright © 2022. BitcoinNews.Digital. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In