We are thrilled to announce the long-awaited launch of the SwissBorg Smart Yield account - a smart, simple and secure way to earn passive income on your USDC!
The account was released to its first 2,300 users on December 14th, 2020, and we will continue to roll out the account to all app users over the coming weeks.
To join the waitlist and prepare for your Smart Yield account, simply:
- Sign up here
- Download and create an account on the SwissBorg app
- Deposit or buy 10 USDC to fund your account!
Why Smart Yield?
As a team of crypto enthusiasts, we have followed the rise of DeFi protocols and borrowing and lending programs with great interest. However, as we engaged with these protocols, we (along with many others in the cryptosphere) noticed the inherent risks, including hacking, volatility, liquidation, poor smart contracts and exit scams.
Beyond those risks, even if you found a reputable, secure program for earning a yield, these weren’t accessible to the average investor due to:
- Cost: Yield farming’s transaction costs are often so high that earning a yield is uneconomical unless you have at least $10,000 to invest.
- Technical knowledge: To mitigate your risk, you need an understanding of smart contracts, non-custodial wallets, farming procedures and how to perform due diligence.
- Time: To get the highest return, you need to manage multiple platforms, research new pools and trading platforms and monitor protocols around the clock.
Fairness and inclusivity are at the heart of SwissBorg’s identity, so we decided to find a way to make earning a yield on crypto accessible to all.
How the Smart Yield account works
The Smart Yield account strategy optimiser simplifies and optimises earning a yield on your crypto, every single day. The goal is to find the best return for the lowest risk, as well as offering some of the best yielding conditions available in the market.
Automated risk management
The strategy optimiser monitors and rates all available investment opportunities - DeFi programs, CeFi programs and liquidity pools - based on their risk and expected returns.
In addition to this, SwissBorg has established a USD1 million Safety Net Program in CHSB to protect against Smart Contract Risk, and we put the equivalent of 25% of max yield earnings into that program to ensure it grows alongside our community’s investments.
Transparent, flexible returns
As an investor, you know that the return on any asset will fluctuate from day to day. This is also true for crypto yielding programs.
However, most crypto companies offer a fixed yield. While this may sound appealing on the surface, the truth is that they are hiding their total returns in that fixed rate. Often, this results in them taking the lion’s share of the returns for that day, rather than passing them onto their users.
At SwissBorg, one of our core values is transparency, which is why we don’t offer a fixed yield. Instead, our returns fluctuate to match the real market conditions. If the market is offering a higher return, you will benefit. This ensures you are getting the highest available yield for the best risk/return ratio, every day.
Double your yield
Not only does the Smart Yield account find the best yield for that day and compound it daily for an even higher return, but you have the option to double your yield with a Premium Account!
For instance, let’s say you invest €1,000 in your Smart Yield account, and the total earnings from the program are 20%, or €200. As a Premium Account holder, you would earn the full yield, while a Standard account holder would earn €100, or a 10% return.
To get a Premium Account in the SwissBorg App, simply purchase 50,000 CHSB and go to the Premium tab to stake your CHSB for 12 months. Then you will automatically start earning a double yield!
Competitive investment terms
To get the best return, most crypto apps will ask you to lock your funds for anywhere from seven days to 12 months. Not SwissBorg.
Our Smart Yield account has no minimum investment period, which means you can redeem your funds whenever you want. Redemptions are actioned at the end of the 24-hour payout period, and can take a few hours to be processed.
Finally, we wanted to make this account available to every investor, so the minimum investment required to activate your Smart Yield account is just €10. After that, you can add more to your account at any time to increase your earnings.
All these factors mean we can confidently say this is one of the best yielding programs available.