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Yield App Expands Asset Listings and Earnings Opportunities

Digital wealth platform Yied App has recently announced its listing, including several new assets like $XRP, Polygon ($MATIC), Chainlink ($LINK), and Solana ($SOL).

This announcement comes as a testament to the platform’s commitment to providing users with more opportunities to grow their wealth.

The core offering of Yield App is its “Earn” product, which enables users to earn interest on their deposited digital assets.

Users can earn interest of up to 5% on their holdings. Moreover, Yield App’s versatility is highlighted by its ability to facilitate seamless asset swaps of up to $10,000 between various digital assets.

Yield App introduces two distinct ways for users to enhance their earnings: the Flexible earnings program and the Earn+ program.

These options are tailored to accommodate various investment preferences and risk profiles, granting users the freedom to choose the strategy that best aligns with their financial objectives.

To further incentivize its users, Yield App has introduced a tiered membership system, ranging from Bronze to Diamond.

Additionally, the users’ membership levels are determined by the quantity of YLD tokens they hold, with YLD being the native token of the Yield App platform.

Interest rates on the platform also vary depending on the user’s membership level, with potential earnings ranging from 0.25% for Bronze members using the Flexible deposit to 5% for Diamond members participating in the Earn+ deposit program.

Notably, the platform’s service is accessible in over 140 jurisdictions and already boasts a user base of over 90,000 individuals.

Yield App has also processed more than $2 billion in transactions over the past two years, making it a trusted platform in the cryptocurrency ecosystem.

The platform prides itself on generating alpha through market-neutral strategies and liquidity provision while excluding yield generation through collateralized lending.

In an intriguing context, some of the newly listed digital assets have witnessed substantial price increases.

For example, XRP has surged by over 7% in the past week, currently trading at $0.53. Solana has seen a remarkable 27.7% increase, with its price hovering around $30. Polkadot has also seen positive growth, up 6% during the same period.

However, it is worth noting that not all of these altcoins have outperformed Bitcoin in the past week, as the flagship cryptocurrency experienced a 10% price increase and is now trading at $30,600.

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