TI Rating Report - YIELD App

PROJECT INTRODUCTION

YIELD App provides a mobile app and online platform to bring a simple way to invest in DeFi. YIELD App is a centralized asset management platform for DeFi products. The operating entity of the project is Yield Bank Ltd., a Mwali FinTech corporation. Yield Bank Ltd. has gained Mwali IBC Banking License and Mwali IBC International Brokerage & Clearinghouse Trust License issued by the Mwali International Services Authority.

Users could deposit cryptocurrency or fiat money and choose different investment plans to earn returns from DeFi products. At present, USDT and USDC have been accepted for investing and the payment and bank rials of fiat money will be implemented in the future according to the disclosure of the project. The funds from all clients will be held in a custody account supported by BitGo, a digital asset custody solution provider backed by a trust company. In future plans, the assets will be protected by a YLD Insurance Fund, which will be managed by YIELD Insurance in the future. YIELD determines and adjusts market strategies to invest in DeFi ecology through its own Portfolio Management Engine.