Launchpool Projects will have access to the YIELD App corporate account with the highest APY level, while Launchpool is offering $ YLD to all $ LPOOL holders.
ESTONIA - MARCH 11, 2021 - YIELD App, DeFi's wealth management platform that brings together traditional and digital finance, today announced a partnership with Launchpool, a decentralized project launch platform.
As part of the partnership, YIELD App will offer projects that complete fundraising through Launchpool access to the YIELD App corporate account with a $ 20 YLD token allocation, which provides access to the platform's highest tier APY at up to 000%.
Additionally, Launchpool users will be able to receive a total of $ 1,4 million per year by listing LPOOL on the Launchpool platform.
The YIELD app corporate account is a secure digital treasury for business assets. This gives organizations the ability to securely hold corporate funds while earning market-leading APY.
With a dedicated account management team and a first-class user interface, YIELD app offers busy corporate clients a seamless digital asset management experience.
“We are really excited to partner with Launchpool, which the team has been following with interest since its inception this year,” says Tim Frost, CEO of YIELD App.
“Launchpool’s mission to provide a level playing field for investors of all sizes to participate in new project launches is fully in line with the philosophy of the YIELD app, which is to make DeFi and its wealth-creating opportunities accessible to everyone, regardless of capital or experience level. This marks the next step in the YIELD App journey, which will allow us to expand corporate participation in our platform.”
The YIELD App is designed to offer both individual and institutional investors the opportunity to earn the best APYs in the market with digital assets. Launchpool leverages communities, knowledge, experience, contacts and capital to provide crypto projects with the best possible start in life, maximizing their chances of success in the fast-paced and dynamic DeFi space.
When projects raise funds at Launchpool, those with $ LPOOL tokens will have the same access to trades as private investors. This allows the platform to bring stakeholders together on an equal footing, leveraging their strengths and aligning interests so that the sum is greater than its constituent parts.
Richard Simpson, CEO of Launchpool, adds: “The YIELD app reflects the quality and spirit of the partner that Launchpool is committed to working with. We are very pleased to announce this partnership. Tim and his team have created a quality product and service that is open to everyone. "
“We think that their proposal allows participants in the space to use all the possibilities without experiencing much headache. We are pleased to offer the YIELD App corporate account as a trusted custodian and treasury management solution. ”
The partnership between YIELD App and Launchpool was backed by Alphabit, one of eight founding foundations to seed the Launchpool platform.
Alphabit, one of the world's first regulated digital asset investment funds, specializes in investments in blockchain and distributed ledger technology projects. Its goal is to share experience with promising projects and promote the cryptocurrency movement in general.
YIELD App's partnership with Launchpool is a match of interest that will allow YIELD App to continue to democratize the DeFi space by supporting retail investors to get involved in some of the most innovative new projects from the get-go.
Projects using the YIELD App corporate account will have access to additional funds, fiat ramps, in-app token swaps for each token pair, and card services that the platform plans to launch in the near future.