The Bitcoin (BTC) fund of the YIELD App was launched in early July and received a good response in the community. The demand for subscription was once in short supply, so the second batch of BTC funds was opened for users to continue to invest.
For users who missed the fund last month, it is definitely an excellent opportunity to invest-you can obtain a market-leading annualized rate of return of 12% through the world's largest digital currency, Bitcoin. However, the base amount is limited. Based on the "first come, first served" principle and the experience of the previous batch of subscriptions, if you want to buy as soon as possible!
The second batch of BTC funds in YIELD App will be reopened last Friday at 07:00 UTC on August 20th and will be open to all users from level 1 to level 5. The deposit is as of this Wednesday, August 25, 07:00 UTC, but if the deposit reaches the upper limit of 500 BTC before this time, it will be closed in advance.
In order to allow more users in the community to participate, we have also reduced the minimum investment amount from the first 0.25 BTC to 0.03 BTC (calculated at the author's deadline, approximately US$1,405). You may not have thought that earning passive income through BTC can be so simple and easy.
The expiry time of the second batch of funds and the first batch are both on October 10 (Sunday). The rewards paid in BTC will accumulate during this period (YLD rewards can be redeemed into the wallet at any time), so investors cannot redeem funds before the end of the lock-up period; if you need to withdraw funds, you need to submit an application, and the team will consider it according to the situation.
Open again in response to the needs of the majority of users
Based on the first 72 hours of opening (July 8 to July 11), the first batch of bitcoins will be open to Tier 5 members (that is, Tier 5 users with more than 20,000 YLDs). Once launched, the subscription situation was very hot. The subscription amount in the first 24 hours reached half of the total amount (250 BTC); the average user deposit was 1.2 BTC (valued at US$42,000 at the time).
The final data shows that Tier 5 users deposited a total of 427 BTC during the opening period. When the second phase was opened to all users, the upper limit of 500 BTC was reached early before the deposit deadline. Therefore, this time the second batch of funds are opened, we also look forward to seeing the same strong demand, and we look forward to the participation of new and old users.
When YIELD App launched the Bitcoin fund for the first time in July, it said that it would consider whether it would reopen the fund's subscription based on user needs and market conditions. Fortunately, we will accept another 500 BTC in the second batch if the current conditions permit; this also doubles the total custody of the fund to 1,000 BTC.
Investors who have gone through the full lock-up period will receive their original funds and interest at the end. The user who initially invested 1.2 BTC will receive a reward of 1.218 BTC plus approximately 150 YLD.
The reward structure of YIELD App's "token multiplication" makes BTC funds very attractive to long-term Bitcoin holders, and now they can earn additional passive income from this digital asset during the holding period. The superior APY of this fund can not only help investors seize more upside opportunities when the market is booming, but also can "buffer losses" to protect the investment portfolio during downturns.
Higher USDC, USDT and ETH annual yield
The reopening of BTC funds is not the only good news in this wave! The current favorable market conditions also enable us to increase the annual rate of return for stablecoins and Ethereum funds.
The same time as the opening of the BTC fund, starting at 07:00 UTC on August 20, the annual yield of USDT and USDC funds will also be raised from 10% to 10.5%, and ETH will be raised from 6% to 6.5%. Both the stablecoin and Ethereum investment strategies have maintained market-leading returns, with annual yields of 20.5% and 16.5%, respectively.
In this regard, we are happy to increase the annual rate of return so that users can earn more interest as the market rises. The YIELD App team has been paying close attention to the ups and downs of the market, so if conditions permit, we will increase the rate of our investment strategy as much as possible, so that users can get more benefits.
The development of the digital asset market is changing with each passing day. A few months ago, everyone just experienced a severe downturn, and now the market is gradually recovering-not only the currency price is gradually rising, the market sentiment is also becoming more and more positive.
Regardless of the market conditions, YIELD App’s strategies can help users make the most of their digital assets while avoiding some of the risks associated with cryptocurrency during the participation process. We always look forward to and welcome new and old users to join our DeFi journey, invest in our competitive strategy, and help them achieve their financial goals!
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