Referral Yield App

HOW DOES YIELD APP REFERRAL WORK ?

With the referral code 16210783 ou with the referral code below, receive up to 1000 YLD by signing up on Yield App!

To take advantage of Yield App referral, simply click on the Yield App referral link or scan the QR on the photo to sign up for Yield App or enter the code 16210783 when you sign up in the “Referral Code” box.

To unlock your reward, you must reach the Silver level by staking or blocking 1,000 YLD and deploy a minimum of $1,000 in Yield App portfolios for 30 consecutive days. You will then receive a random referral reward ranging from 100 to 1000 YLD.

YIELD APP OVERVIEW

Founded in 2020 by Tim Frost, Yield App was a digital wealth management platform that set out to make decentralized finance accessible to everyone. Its goal: to help individuals grow their cryptocurrencies and stablecoins without having to master the technical complexity of DeFi.

The Yield App concept: DeFi made simple

Yield App presented itself as a bridge between traditional finance and decentralized finance. The principle was simple: users deposited their cryptocurrencies or traditional currencies, and the platform placed them in yield strategies described as market-neutral, such as liquidity provision. Interest was paid directly into the account, with no need to juggle complex wallets or protocols.

The advertised returns varied over time: up to 20% per year at launch for holders of the platform’s own token, then around 9 to 11% on stablecoins in later years. These rates were far higher than those of a traditional savings account, which largely explains the enthusiasm the platform generated.

Supported cryptocurrencies and services

The asset list was deliberately focused. Yield App let users invest in leading cryptocurrencies such as Bitcoin and Ether, stablecoins like USDT, USDC and DAI, as well as BNB and AVAX. A swap feature also made it possible to convert crypto into traditional currencies with real-time pricing.

For more experienced investors, the Yield Pro range offered structured products based on advanced strategies, including derivatives. The platform also had its own token, YLD, which allowed holders to boost their returns and access exclusive benefits. Custody of assets was said to be entrusted to BitGo, a well-known custodian in the industry.

A mobile app and a referral program

Initially available through a website, Yield App launched its mobile app on iOS and Android in June 2022. The interface focused on simplicity: real-time tracking of earnings, deposits and withdrawals in just a few taps, and a clear dashboard to follow the growth of one’s digital wealth.

In April 2022, the platform also launched its referral program, which rewarded members for inviting friends and family to join the app. This system played a major role in raising Yield App’s profile with the general public and growing its user community across many countries.

A founding team with international ambitions

Yield App was founded by four entrepreneurs from the cryptocurrency world: Tim Frost, Justin Wright, Jan Strandberg and Jason Corbett. From the outset, the platform targeted an international audience, with the aim of opening up investment opportunities that had until then been reserved for decentralized finance insiders.

To strengthen its offering, Yield App partnered with several fintech companies to make exchanges between cryptocurrencies and traditional currencies easier. The company also incubated Haven1, a security-focused blockchain project. The platform promoted a cautious approach, stating that it did not lend out client assets or use leverage, a message that appealed to many savers looking for an alternative to traditional investments.