SwissBorg Announces Yield Wallets For CHSB And USDC

SwissBorg announced yield wallets for both USDC And CHSB, creating a way for a simple, smart, and secure way for investors to earn yields on their crypto tokens. The rollout of the USDC yield wallet started in December 2020 and the feature is officially available to all app users as we read more about it in our latest crypto news.

SwissBorg announced two types of yield wallets, the CHSB Yield Program and the Smart Yield which can have different mechanisms for calculating the yield. The wallets will simplify and will optimize earning a yield on the crypto assets with the goal of looking for the best returns with low risks as well as offering some of the best yielding conditions that are available on the market. Initially launched for the USDC stablecoin, the Smart Yield Wallet users have the opportunity to earn up to 32.18% on their crypto.

The account manages risk with the SwissBorg strategy optimizer that monitors and rates all available investment opportunities that are available based on their risk and expected returns. The company established a Safety  Net Program to protect against Smart Contract Risks and started with $1 million in CHSB by contributing the equivalent of 25% of maximum yield earnings into the program and to ensure it grows alongside the investments.

The Smart Yield wallet delivers maximum returns by offering a variable rather than a fixed one while most other companies offer a fixed one that ended up to be not a good solution for users. The yields at SwissBorg fluctuate to match real market conditions and to keep the fees fixed which ensures the users get the highest available yield for the best risk-return ratio.

There are more than 40 million USDC in the SwissBorg yield wallet now and It’s generating returns every day with Premium users receiving an average return of 24.77% in the past month. The Smart Yield wallet is now available on USDC with wallets on ETH, BNB, BTC, and DAI upcoming. All yield wallets pay and compound the yield every 24hours which results in higher earnings. All users that will upgrade to a Premium account by staking CHSB in the app will benefit from earning double the yields.