Yield is a DeFi lending app with fixed, guaranteed interest rates. Lending and borrowing on the platform is individualized (i.e. not pooled). Lenders earn guaranteed rates while borrowers that maintain healthy loans and repay on time earn YLD, the native token.
Every loan on Yield is individualized. Your "supply" rate is fixed and guaranteed. You will no longer have to worry about market dynamics causing the rates on your active loans to trend to ~0%.
Borrowers that manage their loans to term and successfully repay them can mint up to 350* YLD. Lenders earn a minimum, reasonable interest rate starting from 2%. *subject to change
Similar to other DeFi platforms, lenders and borrowers pay fees on Yield. 100% of the fees are used to buyback YLD on the open market. These tokens are then burned.
The Yield (YLD) latest price is $13.78 with a latest 24-hour trading volume of $921. Yield (YLD) is down 64.50% in the latest 24 hours. The latest ranking is #5430, with a latest market cap of unknown.
We have found Yield listed on 2 exchanges: SushiSwap and Uniswap. We are also still adding exchanges so its possible that Yield may also be available elsewhere.
Finally, Yield has a twitter following of 4,045 followers, their last recorded tweet was .