FAQs
What is yUSD?
yUSD is the yield bearing token users get on depositing USDT or USDC into the protocol.
Where is the yield coming from?
YieldFi deploys your capital across Yield bearing DeFi protocols and battle tested delta-neutral algorithms to earn consistent real yield for our users. This yield is passed on to the holders of yUSD in the form of yield bearing tokens.
What is YieldCrumbs?
Introducing YieldCrumbs: YieldFi's exclusive rewards program designed to incentivise TVL growth and utilisation of yUSD across the DeFi ecosystem. The more yUSD you hold and actively use within DeFi, the more YieldCrumbs you earn. At the time of TGE, your YieldCrumbs seamlessly convert into valuable YieldFi tokens, empowering your DeFi journey.
How Safe is YieldFi?
YieldFi smart contracts are thoroughly audited by top smart contract audit firms - Halborn & Spearbit / Cantina. Your assets are securely deployed in multi-billion dollar blue chip DeFi protocols or custodied into MPC wallets offered by institutional custody partners such as Copper & Ceffu.
Assets are never stored in YieldFi smart contracts or on exchanges, except for a small duration - minimising smart contract risk and exchange solvency risk.
How can I claim my APY and rewards?
Your yUSD token earns APY automatically—no action required. You can sell or redeem it whenever you want. Your YieldCrumbs will be converted into airdrop tokens at the time of TGE and will be available for claim in your portfolio.
Is there some hidden fee or entry / exit fees?
No hidden fees—what you see is what you get! The displayed APY is net of all fees. We charge a minimal 0.1% fee for minting and redemption to cover exchange costs. Planning to mint over $1M? Reach out to us on Telegram (@SGOliveio), and we’ll waive the fee for you!
What is the lock-in period? Can I withdraw any time?
No lock-in period—redeem your yUSD anytime! Upon redemption, an 8-day cooldown ensures secure withdrawal from DeFi protocols or closing equivalent positions on exchanges with minimal slippage.
Need faster access? Simply sell your yUSD instantly on any supported DEX
What is the difference between swap and min / redemption?
Fees
DEX Trading Fees (typically, 0.01%)
YieldFi minting / redemption fees (typically, 0.1% - waived for whales)
Slippage
Max slippage at 0.1%
No Slippage
KYC / KYB
Not Required
Required (1-2 days)
Cooldown Period
None
8 days
Last updated