A friend of mine and I were discussing a project he found called Yield. I did some DD and I instantly became very bullish. In a nut shell, this project has a Banking license that will deploy a wallet to give users access to DeFi projects. However, this will work similarly as it does for the traditional IRA etc where an investment broker or whatever you call them will take the funds and invest on your behalf, you can set the level of aggression you would like. All of this is done via an app with a nice-looking interface.
Here’s the kicker – it has insurance w/ the following features a) Loss due to a security breach b) Theft c) Unauthorized access d) Human error e) Smart Contract failures of any kind f) Catastrophic market events g) Regulatory actions h) Third party actions i) Other known or unknown losses or events Public sale will happen soon, pre-sale is at 70%
The insurance portion of it will be massive. Listing price for Public sale?
Brody Reed
A bag of this... hm.. why not?! The use case is there, site looks great, withdraw funds directly to your account.Not bad. I chatted a bit with the team on TG. Seems like pretty knowledgable peeps.
Levi Cook
shit coin for pajeets.
Nathan Cruz
If the market continues to go up, this shit will 100x on listing.
Can I short this on PlotX? Because I really want to.
Brayden Cooper
kek
Asher Price
Well this is different. Elliotrades was just talking about the next projects to take off are the ones that offer some kinda of crypto insurance. I tend to believe this as well.
Jaxson Hall
don't forget that they're already acquired banking license.
Nicholas Flores
I saw that too. That gives this project some creditability.
Isaac Evans
Do they have MVP?
Henry Green
there is no mvp
Adam Richardson
This is not true. Don't lie fucker.
Oliver White
I like this, I can see people using this app. As long as the app isn't buggy and runs smoothly, It may compete with the big players like coinbase since it has a fiat onramp.
Ryan Young
I'd be interested in doing the presale or after the launch cool down.
Great use case, this can create lots of hype since DeFi is the core of the entire space at the moment. If this is working and marketed correctly this can be huge.