As we begin 2021, the YIELD App team wants to provide our community with a brief update on milestones reached, what we’re working on now, and where we’re heading. The last few months have seen tremendous developments at YIELD App, but we’re just getting started. We’re currently gearing up for huge months ahead, and believe our community will share our excitement about what’s coming down the pike.
We understand how eager everyone is about trying our platform and the importance of its wide release. After successful testing with over 300 early access users, we are thrilled to announce the public launch of the YIELD App platform in February. Indeed, this means everyone will be able to start making interest on stablecoins and YLD tokens using our web app.
Before moving onto what we’re currently working on, let’s recap some of YIELD App’s recent milestones:
A successful raise of $4.9 million during our private and public sales
Partnerships with DuckDAO, Trustswap, BnkToTheFuture and Merkle Science
A smooth launch, distribution and listing of the YLD token
Completion of YIELD App’s web application
Onboarding of 300+ early access users
Successful deployment of the DeFi Alpha I fund and achievement of APY goals
Increased staff body to 25 full-time members
Secured the regulatory framework required for banking services
Although we’re extremely proud of our achievements over the last few months, we know there’s a lot more work to be done. So, in order to keep a clear trajectory, we’ve set the following objectives for Q1 2021:
Updated Q1 Roadmap
Platform and Application
Increase accessibility and adoption of YIELD App’s platform
Reach 10,000 monthly active users
Complete and deliver iOS and Android mobile apps – available in app stores
Open deposits for BTC, ETH, wBTC, and other stablecoins
Enable coin and token swaps within the platform
Fund Management
Continue developing alternative fund management strategies
Deploy and manage BTC fund
Deploy and manage ETH fund
Build-out capabilities for $100M+ in assets
Banking Services
Finalize and open fiat ramps that are cost-effective for our users
Continue to pursue the best-available partnership for a debit card program
The first quarter of 2021 will be a busy and eventful time for us, and we look forward to making our tagline, “DeFi Banking in Your Pocket”, a full-blown reality. As always, we’d like to thank our users and wider supporters for their encouragement and steadfastness during these early days – none of what we have achieved so far would be possible without the loyalty and dedication of our community. We look forward to expanding our service to you all well into the future.
Do you want to earn market-leading interest rates on your digital assets? Sign up for a YIELD App account today!
DISCLAIMER: The content of this article does not constitute financial advice and is for informational purposes only. The price of digital assets can go down as well as up, and you may lose all of your capital. Investors should consult a professional advisor before making any investment decisions.
