Home » Yield (YLD) lists on Bitmax and Uniswap

Yield (YLD) lists on Bitmax and Uniswap

by Lisa Zheng
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YIELD.app that provides a ‘Simpler decentralized finance banking platform’ successfully culminated its Token Generation Event, with its YLD token ready for trading. 

The firm announced that the YLD, the native token of the YIELD platform, is now available on Uniswap and Bitmax.

YLD Token Now on Uniswap and BitMax

In an official announcement, YIELD highlighted that the YLD token is now available for trading on Uniswap and Bitmax after the token generation event has culminated following several months of hard work and preparation by the team. The company noted that they raised around $1.2 million on Trustswap.

CoinDesk reported that the Yield project raised more than $5 Million from Alphabet and Digital Strategies along with Chronos VC, Yeoman Capital, and PAL Capital. The Yield platform boasts of allowing users to earn a high return on investment in DeFi applications. The DeFi banking platform has immense potential, and with the recently raised funding, it can augment its portfolio management system and get additional licenses. The company noted that there will be 300 Million YLD tokens in total supply and 33.3 in circulation. The company gave 26 million tokens to the investors and one million to Bitmax and company reserves.

Early Users Benefit

YIELD noted that the platform would be accessible to 50 randomly selected users and motivated people to sign up for early access. The first version of the Yield web application would be available to selected users, who can then suggest ways to improve the app before its full release. YIELD noted that it would use the feedback from the early users to streamline the platform and give them an opportunity to invest in the DeFi Alpha 1 Fund. The early users can test the YIELD crypto wallet. YLD token enables the users to augment their average percentage yield to 20 percent and earn about 10 percent in APY.

YIELD also threw light on its plans for the coming year stating that 2021 is going to be enormous for them. The company plans to launch a mobile app soon and work with leading exchanges to support additional assets like BTC, DAI, ETH, and provide fiat integration. Interest-bearing savings accounts, crypto wallets, and investment funds are also on the cards as YIELD plans to extend its horizon.


The information discussed by The Coin Magazine is not financial advice. This is for educational and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Do your due diligence and rating before making any investments and consult your financial advisor. The researched information presented we believe to be correct and accurate however there is no guarantee or warranty as to the accuracy, timeliness, completeness. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright The Coin Magazine All rights reserved.

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