Everything You Need to Know About Our Token YLD

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Updated on December 7, 2020.

In our first blog post, we outlined our vision and introduced ourselves as the entity that will simplify DeFi to make it truly accessible to anyone. With YIELD, you simply deposit assets, select a fund, and earn high returns based on proven, hedged, and insured investment strategies.

As a natural next step, we’re launching our utility token YLD. Thanks to YLD, users can boost their APY, earn interest on their tokens, and support our ecosystem.

YLD Utility & Rewards

YLD tokens will allow our users to boost their APY from 12% to 20%, and earn up to 10% APY on their YLD.

45,000,000 YLD will be distributed as holding rewards. An additional 5,000,000 YLD will be dedicated to referral rewards, as described below.

Holding Rewards

By holding a certain amount of YLD in their YIELD wallet, users unlock daily rewards:

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Reward tiers are not cumulative.

YLD value is calculated based on the average daily price according to CoinGecko (or alternatives such as CoinMarketCap or Uniswap, if any pricing issue happens on CoinGecko).

Referral Rewards

5,000,000 YLD will be distributed as rewards for onboarding new users. The referrer and the referred user will both receive $40 in YLD the first time the referred user deploys at least $100 in one of the investment funds offered on YIELD.app. The referral program will end once the reward pool is depleted.

Treasury Rebalancing

50% of our net network proceeds (minus the guaranteed APY) will be used to buy YLD on the open market for treasury rebalancing. Updates will be posted on YIELD.app on how much was repurchased and reinserted into the treasury rebalancing pool.

YLD Distribution

At our Token Generation Event (TGE) on December 14th, 300,000,000 YLD will be created. This will be the final and fixed amount of YLD in existence, and it will not change.

YLD will be allocated as follows:

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Team & Advisors

The Team & Advisor Pool will be unlocked according to the following timetable and performance-tied conditions:

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YIELD offers the easiest way to invest in DeFi using crypto or traditional currencies, regardless of your financial or technological level of expertise.

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