Press release: YOP Finance has launched a platform that allows users to earn the highest passive income from their crypto on the major blockchain platforms through a clean, simple and easy-to-use application.
May 24, 2022, Seychelles – YOP Finance, the DeFi interface that allows users to earn passive income from their crypto assets is now available for all users. After a very successful private launch, this will be the first time all users will be able to use the platform. Users can take advantage of YOP vaults and earn passive income from their crypto with APYs of up to 65%. Intuitive and extremely easy to use, the platform removes all barriers to entry for the average investor to earn passive income that was previously only available to a select few.
Since its public launch, the platform has already reached over $1 million in TVL, with $600,000 locked in the first 72 hours. The YOP vaults will initially have increased caps to allow a large number of users to invest and earn passive income from their digital assets.
Getting started with YOP
YOP Finance vaults were launched on May 4th, 2022 for all users where users could go to the vault app and start depositing their crypto. Users can access the vaults by depositing either stablecoins or wBTC and wETH.
The YOP vaults are a combination of multiple strategies put together with different weightings to offer maximum returns while reducing risk. Using smart contracts, these vaults continuously reinvest profits, compounding the returns and generating maximum returns for investors.
While the platform already offers high base APYs, YOP’s Booster feature allows users to earn even higher returns. Users simply need to stake $YOP tokens in the YOP LockBox to increase profit. The higher the stake in the LockBox, the more significant the APY boost is for each user. The boost comes in the form of a x1 – x10 multiplier applied to the rewards APY above the vault’s base APY.
Publish a successful launch, Barry Downes, COO of Pluto Digital, the parent company of YOP, said:
“YOP makes participation in a complicated area of crypto easy and accessible for all, giving people control, insight and flexibility from a single application. Now anyone can start staking their cryptos and start earning passive income with the click of a button.”
About YOP
YOP Finance offers a passive income opportunity for anyone looking to earn returns from their crypto without having to delve deep into the world of DeFi. By removing the redundant jargon and extra clumsy user interfaces, the YOP platform makes investing and earning easy for everyone. The platform is secured by an in-house team of security specialists and audited by industry-leading crypto companies.
The team behind the YOP platform is a transparent and de-anonymized mix of experienced developers with crypto-natives. The combined team has decades of experience creating simple yet effective products that can shape the future.
As the public launch concludes, YOP is excited to make more features available to its investors. With the $YOP utility token, investors can enter a rich ecosystem that offers excellent APYs and much more.
For more information on YOP Finance and its new passive income platform, click here.
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Contact details for media
Contact name: George Turpin
Contact email: [email protected]
YOP Finance is the source of this content. This press release is for informational purposes only. The information does not constitute investment advice or an investment offer.
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