Lepricon Selects YIELD App as Corporate Treasurer of Long-term USDT Assets
Gaming and NFT platform Lepricon is pleased to announce that it has selected YIELD App as an investment solution for its long-term USDT assets. Lepricon will invest a portion of the proceeds from its pre-sale USDT assets that are not required for operations in the coming year with the YIELD App platform, where its holding will earn up to 20% APY.
Lepricon is a community-owned and governed hyper-casual games platform. It allows stakers, developers, and gamers to enjoy the benefits of DeFi in a gamified way and is backed by a vibrant community that receives rewards for positive contributions and interactions.
YIELD App is a digital wealth management platform that builds a bridge between traditional finance and DeFi with a simple, streamlined application that offers users the opportunity to earn up to 20% APY on their USDT, USDC,and ETH. In its recent first-quarter results, YIELD App announced it attracted 26,000 to its platform since its beta launch in December 2020 while growing its assets under management to $46 million.
Besides serving individual clients globally, YIELD App also offers corporate account management and treasury services, allowing organizations across cryptocurrency, fintech, and beyond to deposit their assets safely and securely for a market-leading return.
Commenting on Lepricon’s selection of YIELD App for its non-operational USDT assets, co-founder and COO of Lepricon Stephen Browne says, “We are lucky to have reached our hard-cap for investment so quickly and to have enough liquidity to operate into 2024, not factoring in revenue. We take the best use of contributor funds very seriously, and YIELD App offers a simple, effective, and profitable option.”
Tim Frost, CEO of YIELD App, adds: “YIELD App has always had a clear mission: to open up DeFi and its powerful opportunities to users everywhere. Helping platforms and projects within the digital economy to safely store and grow their assets and treasuries is a big part of this, ensuring that innovation within the industry is able to thrive. Lepricon is an exciting project with huge potential and we are proud to have been selected as the guardian of their non-operational USDT assets.”
The Lepricon platform will provide hyper-casual games for the general public that operate on blockchain via the use of Lepricon’s native governance token: $L3P. Three games, developed in-house, will follow the launch, followed by the regular release of in-house and acquired content. Lepricon will also offer opportunities for staking and liquidity mining to those that hold $L3P. Lepricon listed $L3P on Uniswap on 17th March 2021 and gate.io on 8th April 2021.
Lepricon is a community-owned and governed hyper-casual games platform that allows stakers, developers, and gamers to enjoy the benefits of DeFi in a gamified way, backed by a vibrant community in which all participants receive rewards for positive contributions and interactions.
Lepricon will evolve into a Decentralised Autonomous Organisation (DAO) — an organization represented by rules enshrined in computer code; transparent and controlled by the network participants and not by a central authority.
For further information, please visit https://www.lepricon.io
Phil Ingram — email@example.com
$L3P Contract: 0xdeF1da03061DDd2A5Ef6c59220C135dec623116d
About YIELD App
YIELD App believes that everyone should have access to the best investment opportunities. YIELD App’s mission is to unlock the full potential of DeFi and make it available to the world. To achieve this, the company provides an innovative platform that bridges traditional and decentralized finance in the easiest way possible. For more information, visit yield.app.
Jan Strandberg — firstname.lastname@example.org