SwissBorg launches yield wallets for USDC and CHSB

SwissBorg launches yield wallets for USDC and CHSB

We are excited to announce the launch of the SwissBorg yield wallets – a smart, simple and secure way for investors to earn yields on their favourite crypto tokens! The rollout of SwissBorg’s USDC yield wallet began in December 2020, and the feature is now available to all SwissBorg app users.

SwissBorg offers two categories of yield wallets – Smart Yield, and the CHSB Yield Program, which each have different mechanisms for calculating a yield.

Earn up to 32.18% p.a. on USDC

The Smart Yield wallet simplifies and optimises earning a yield on crypto assets, with the goal of finding the best return for the lowest risk, as well as offering some of the best yielding conditions available in the market.

Initially launched for the stablecoin USDC, the Smart Yield wallet gives users the opportunity to earn up to 32.18% p.a. on their crypto!

The account manages risk with SwissBorg’s strategy optimiser, which monitors and rates all available investment opportunities available based on their risk and expected returns. SwissBorg has also established a Safety Net Program to protect against Smart Contract Risk. Starting with USD1 million in CHSB, the program continually contributes the equivalent of 25% of maximum yield earnings into the program to ensure it grows alongside our community’s investments.

SwissBorg’s Smart Yield wallet then delivers maximum returns by offering a variable rather than a fixed. While most crypto companies offer a fixed yield, this isn’t the best solution for users as it allows these companies to hide their total returns in the fixed rate. At SwissBorg, our yield fluctuates to match real market conditions and our fees remain fixed. This ensures our users are getting the highest available yield for the best risk/return ratio.

Currently, more than 40 million in USDC in the SwissBorg Smart Yield wallet is generating returns every day, with Premium users having received an average return of 24.77% p.a. over the past 30 days!

The Smart Yield wallet is currently available on USDC, with wallets on BTC, ETH, BNB and DAI to be released in the coming weeks.

38.28% of CHSB tokens are locked in the Yield Program

The CHSB Yield Program is tailored for the SwissBorg token, CHSB, and is designed to reward CHSB token holders by tying the yield offered to the performance of the SwissBorg ecosystem.

Launched on January 28th, within two weeks 38.28% of the token’s circulating supply had already been locked in the CHSB Yield Program!

Simply, every week SwissBorg releases its Community Index, which is a score based on the volume of assets held in the SwissBorg app, the price of the CHSB token, the level of activity in SwissBorg’s wealth management and Community apps, and the level of engagement on social media and in SwissBorg’s DAO.

Benefits of both yield wallets

While the mechanisms for calculating the yields are different, both the SwissBorg Smart Yield wallets and CHSB Yield Programs share a number of benefits.

First, all SwissBorg yield wallets pay and compound the yield paid every 24 hours, resulting in even higher overall earnings.

Second, users who upgrade to a Premium account by staking CHSB in the app also benefit from earning double the yield of Standard users!

Finally, the terms of the SwissBorg yield wallets account are also some of the best available, with no minimum investment amount and no minimum investment period.

For more information about the SwissBorg yield wallets, visit https://swissborg.com/smart-yield-account

To learn about the SwissBorg app, visit https://swissborg.com/, or download in the App Store or Google Play.

Disclaimer: This is a sponsored post brought to you by SwissBorg.

The post SwissBorg launches yield wallets for USDC and CHSB appeared first on CryptoSlate.

Title: SwissBorg launches yield wallets for USDC and CHSB
Sourced From: cryptoslate.com/swissborg-launches-yield-wallets-for-usdc-and-chsb/
Published Date: Thu, 25 Feb 2021 17:37:30 +0000

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