Yield App, a booming digital wealth platform, has debuted its much-awaited Referral Program, and it was well worth the wait. It is arguably one of the most profitable referral schemes in the digital wealth industry, with up to 1,000 $YLD (more than $200 at the present pricing) available for both the referrer and the new consumers being referred.
To begin using the platform, a referred consumer must sign up for a Yield App account and complete KYC level 2. To obtain their reward, they must first become a Silver Tier member and then invest $1,000 in any Yield App portfolio(s) for 30 days in a row. At the end of this term, both the existing client and their buddy will get a random incentive of up to 1,000 YLD.
Unlike other similar campaigns, Yield App’s Referral Program distinguishes itself by allowing new users to acquire the necessary amount of assets to qualify for a referral reward for as long as they need. Customers can recommend as many friends as they like, but the suggested friend must be a new Yield App customer, and each person can only use one referral code at a time.
Yield App links traditional and decentralized finance in the simplest way possible, with an aim to unlock the full potential of digital assets and make them available to the world. Customers only need to deposit their digital assets to earn market-leading annual rates on stablecoins (USDT, USDC, DAI, and TUSD) as well as blue-chip cryptocurrencies BTC and ETH. The $YLD token, which pays committed community members with a larger yield the more YLD they keep in their on-platform wallets, is at the heart of the platform’s concept.
Yield App is making inroads into the digital wealth industry. The platform, which was launched in February 2021, has already amassed almost 80,000 customers and more than $0.5 billion in managed assets. With the debut of its much-anticipated Referral Program, the company has made a strong statement about its long-term viability, after recently passing Armanino’s proof of reserves examination to increase transparency.