I happened to notice it last night and I got the official announcement today, Swissborg offers smart yield on ETH up to 17.5%.
From the email:
Start earning up to 17.5% p.a. today
We are offering our app users a chance to earn a yield on the world’s second-most popular digital asset!
With yield on ETH, you can now enjoy:
- Yield rate: up to 17.5% p.a.
- Daily compounding
- 25% Safety Net Program
- No minimum deposit or investment period
Once again, I have no clue if this is a good investment, do your due diligence and read up on it.
How to activate your yield wallet
Instructions to activate your yield wallet in the SwissBorg app::
- Sign up at Swissborg and activate your account.
- Make sure you have the latest version of the app
- Deposit, buy or exchange to a yield-eligible asset (currently USDC, CHSB and ETH)
- On the Portfolio screen, tap on the relevant asset
- Scroll down, and tap the Yield Wallet card
- Tap Top Up
- Choose how much you would like to add to your yield wallet
- Follow the prompts to start earning a daily yield!
Note that while there is no minimum investment period, redemptions are actioned every 24 hours. Once you ask to redeem funds, they will be transferred to your active account at 8am GMT the following day.
Learn more about the SwissBorg Smart Yield wallet.