When you add funds to the YIELD App platform, they will be deposited into your YIELD App wallet. From there, you can invest them into a YIELD App Fund by clicking the “Invest” button in order to receive up to 20% APY. This consists of a base APY of 10%, and 10% available by holding YLD tokens in your wallet.
You can purchase YLD tokens on the YIELD App platform by swapping from USDC, USDT or ETH, or via third-party exchanges. Once deposited into our platform, your YLD tokens are already earning rewards, and you do not need to invest them as you do your other cryptocurrencies. You simply need to hold them in your YIELD App wallet. The more YLD you hold in your wallet, the higher your membership tier, with a further 10% APY available based on your tier level.
When you invest, you are depositing your assets into a YIELD App Fund. When you redeem, you are removing them from the Fund and putting them back into your personal YIELD App wallet. Your YLD tokens always remain in your wallet.
You can learn more about YLD tiers and rewards here.
All rates are subject to revision at the discretion of YIELD App management.