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YouHodler will feature a promotion program that entails interest rates of 25 percent to 30 percent APR for these newly listed tokens.
YouHodler, a FinTech platform focused on crypto-backed lending, stablecoin loans, crypto exchange, crypto savings accounts, and crypto trading has announced the listing of five new Metaverse tokens. According to YouHodler Decentraland (MANA), The SandBox (SAND), Axie (AXS), Illuvium (ILV), and Gala (GALA) are now available for trading.
YouHodler CEO Ilya Volkov states “Web3 and the metaverse represent the next iteration of the internet. At YouHodler, we want to help our clients utilize their crypto in a positive way instead of just buying and holding. Hence, we feel offering new tokens such as these give our clients access to the metaverse’s potential combined with our innovative digital asset tools.”
YouHodler will feature a promotion program that entails interest rates of 25 percent to 30 percent APR for these newly listed tokens. Reportedly, the promotion will be available for the next one month since the official listing.
Thereafter, the interest rates will decrease to 3 percent APR plus compound. However, the platform offers some Stablecoins at interest rates of as high as 12.3 percent.
YouHodler on Crypto and Metaverse World
YouHodler is an EU and Swiss-based brand with two main offices in Cyprus and Switzerland. According to the platform’s official website, it currently supports up to 8 stablecoins and 42 digital assets including Bitcoin, Ethereum, Uniswap, Link among others.
The platform is venturing into an industry that has been dominated by crypto OGs like Binance, Coinbase, and the likes. However, the team behind it is confident in its ability to curve the future of crypto through enabling adoption.
Nonetheless, the crypto industry has just begun its long journey of adoption, particularly on the global stage. Led by El Salvador’s move to adopt Bitcoin as legal tender alongside the United States dollar, other countries including the United States, Dubai, and also the European Union have stepped in to regulate the industry and offer policy clarity.
Notably, YouHodler has created unique features in a bid to stand out from the crowd. Among the unique features is the Turbocharge loans.
Notably, the platform’s Turbocharge feature lets clients get a “chain of loans” in one click and with low fees. Once a client clicks the “Turbocharge crypto” button, the platform automatically takes the fiat from the first loan to buy more crypto. This crypto is used as collateral for the next loan in the chain.
“Following crypto-enthusiasts behavior, we’ve created a new, innovative tool. Turbocharge loans are a faster, cheaper alternative to crypto trading. With Bitcoin and altcoin prices changing up to 10% daily, Turbocharge is a great tool to multiply your portfolio and earn crypto,” Volkov previously noted.