Ok stay calm; yes, you read it right. 22 % APY on USDC stablecoins deposited into the new, fresh new, SMART YELD product issued by the well-known and trustable team of SwissBorg, in their Wealth App.
Brefly, they are a DAO(decentralized autonomous organization) based and founded in Switzerland. They focus on the importance of their community and they want to help the common persons to get in touch with cryptocurrencies as easly as possibile, all with the security and stability of a Swiss service :-).
In their wallet application, one can buy and sell a small set of cryptos, and receive and send fiat money (Euro and Dollar) via bank transfer.
Now, they added this new feature, on which they have been working on since 2 years almost now! You can cool down a bit, since the 22% yeld is reserved for the premium users: those who stake at least 50'000 CHSB tokens , their native one ( now worth around 0,1$ each ), for a total of around 5'000 $.
But! Don't be desperate, because for normal users there is still a 11% APY intereset rate, which is simply huge! Even better than Nexo! And I personally trust far far more them compared to Nexo. For now, this interest is only available on USDC deposits, but they will expand.
They says that "every single day"they will be managing you asset to have the highest and safest return. The interest is also compounded and paid daily.
The Swissborg team offer a referral bonus, so that if you register with my link , and deposit a minimum of 50 € worth of crypto, we will both win a ticket with a random value, in BTC, between 3 and 100 $ !!
I want to mention that their token CHSB is getting highly appreciated in recent times. But I also want to mention that trading in their app is pretty expensive: 1% flat fee on all exchanges! But if you go premium, than you enjoy a formidable 0% !
Last thing ! Please wait before tipping me :-)
The Swissborg team also lunched an app called Community App, so don't get confused. It is a simple app where you can "play" a game, which consist in forecasting the Bitcoin price every day, if it goes up or down. Now you can help me by simply installing this app and using my referral code N4TYRSQ once installed and upon account configuration. They only need your phone number, no email and no KYC stuff. Tomorrow morning you could delete the app. I ask you this because if I succed in referring enough people, I'll get a reward in CHSB tokens to my Wealth App wallet :-)
Thank you very much for reading. Hope you'll think about that opportunity to be an early-player of the SwissBorg Wealth app, as I think that the annual percentage yeld of 11% will soon lower a bit, and thei CHSB token will eventually skyrocket.