Wednesday February 24, 2021
Bitcoin (BTC) $50,594.00   Ether (ETH) $1,684.72
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
NEWSLETTER SIGNUP
EXCHANGE 300+ COINS
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
No Result
View All Result
Home Networks & Protocols

DeFi fund manager yAxis launches v2 to make earning interest on crypto more accessible

The MetaVault v2 will be available on the yAxis platform from today February, 22nd 2021...

Published by CryptoNinjas.net
02/22/2021
DeFi fund manager yAxis launches v2 to make earning interest on crypto more accessible

DeFi fund manager yAxis is set to launch MetaVault v2 – a vault that actively allocates funds across multiple strategies, to secure attractive long-term returns on a user-friendly, simplified interface.

The MetaVault v2 is an updated version of the existing yAxis MetaVault for USD stablecoins. By sitting on the layer above existing yield aggregators, the yAxis v2 vault provides value in the role of a fund manager, creating an easy first step into DeFi.

“Currently 97% of crypto assets are held without earning interest on their value and with a $1.4 trillion market cap, this represents a significant opportunity for yAxis,” said yAxis team lead ‘Bobby’.

Alongside the new MetaVault update, yAxis will also be launching a brand new user interface which is designed to further nurture newcomers to DeFi with a simpler experience to take the complexities out of farming digital assets.

These updates aim to make DeFi and the ability to earn interest more accessible to those looking in. By pooling gas fees, MetaVault provides significant savings over personally managed accounts which can be prohibitive to smaller holders.

MetaVault V2 is able to securely switch funds across a range of selected projects in order to safely navigate the DeFi landscape on behalf of the user.

“DeFi can be a confusing minefield for newcomers. yAxis protects users through rigorous security audits and our ability to diversify,” said yAxis community member ‘transferAndCall’.

Users will be able to deposit stablecoins such as USDC, USDT, or DAI and receive MetaVault Tokens (MLVT) to represent their share of the vault.

These tokens accrue value over time as the deposited funds are actively managed across the best yield aggregating strategies, therefore lowering the time, fees and knowledge required.

6
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

Bitcoin Suisse increases depositor bank guarantee to CHF 110M
Security

Bitcoin Suisse increases depositor bank guarantee to CHF 110M

02/23/2021
Amber Group boosts its crypto trading infrastructure security with AnChain.AI
Security

Amber Group boosts its crypto trading infrastructure security with AnChain.AI

02/23/2021
Crypto lending platform Helio adds interest deposit offering
Investment Management

Crypto lending platform Helio adds interest deposit offering

02/23/2021
Ledgermatic to leverage Algorand blockchain for crypto asset treasury solutions
Vendor Technology

Ledgermatic to leverage Algorand blockchain for crypto asset treasury solutions

02/23/2021
Bitcoin ATM company Lamassu unveils brand new operator admin system
Bitcoin and Cryptocurrency ATMs

Bitcoin ATM company Lamassu unveils brand new operator admin system

02/23/2021
Load More
Leave Comment

Where to Exchange

Bit2MeLeading Spanish Bitcoin ExchangeVisit
BL3P
European Bitcoin ExchangeVisit
ChangellyExchange & Buy 150+ CryptocurrenciesVisit
itBitAmerica's First Regulated Bitcoin ExchangeVisit
  • Trending
  • Latest
Dash Text opens to public in Venezuela enabling DASH payments via SMS

Dash Text opens to public in Venezuela enabling DASH payments via SMS

09/19/2018
TomoChain partners with Portal Network to establish blockchain name service standard

TomoChain partners with Portal Network to establish blockchain name service standard

10/08/2018
BitGive launches upgrade to bitcoin donation platform, adds 4 new nonprofits

BitGive launches upgrade to bitcoin donation platform, adds 4 new nonprofits

12/05/2018
Atari partners with Animoca Brands to make blockchain versions of RollerCoaster Tycoon and Goon Squad

Atari partners with Animoca Brands to make blockchain versions of RollerCoaster Tycoon and Goon Squad

12/18/2018
Testnet for THORchain decentralized exchange goes live; to support BTC, BCH, LTC, BNB, ETH

Testnet for THORchain decentralized exchange goes live; to support BTC, BCH, LTC, BNB, ETH

02/09/2021
Bitcoin Suisse increases depositor bank guarantee to CHF 110M

Bitcoin Suisse increases depositor bank guarantee to CHF 110M

02/23/2021
Amber Group boosts its crypto trading infrastructure security with AnChain.AI

Amber Group boosts its crypto trading infrastructure security with AnChain.AI

02/23/2021
Crypto lending platform Helio adds interest deposit offering

Crypto lending platform Helio adds interest deposit offering

02/23/2021
Ledgermatic to leverage Algorand blockchain for crypto asset treasury solutions

Ledgermatic to leverage Algorand blockchain for crypto asset treasury solutions

02/23/2021
Bitcoin ATM company Lamassu unveils brand new operator admin system

Bitcoin ATM company Lamassu unveils brand new operator admin system

02/23/2021
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy


Go to mobile version