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YOP launches new mobile app for easy access to DeFi

By Megha Bhattacharya

May 10, 2021

  • America
  • Yop
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Yield Optimization Platform & Protocol (YOP) today announced the official launch of YOP App, an all-in-one mobile app that aims to make it easier for everyone to access DeFi. The V0 version is now available for early access to testers ahead of the public launch at 4pm UTC on 18 May.

“DeFi is the third wave of the crypto economy, with YOP enabling access to decentralised financial products on a new global scale,” said Atif Yaqub, Founder of YOP. “With YOP, we provide simplified access to yield markets, giving you direct control, custody, insights and flexibility in one single application. This allows users to supercharge yield on the move, where over $70 billion is currently locked in DeFi. We are extremely excited to launch V0 today, which will demonstrate the benefits of an all-in-one DeFi app and help to grow the crypto economy.”

YOP provides mainstream access to DeFi, the global crypto-financial marketplace and allows users to deposit funds and earn yield through decentralised deposit contracts. Powered by the $YOP token, the App combines a user interface with Yield Optimization Protocol to give users access to yield markets in one simplified, easy-to-use application.  The platform hosts a digital wallet, market data, swap DEX and a portfolio dashboard. All customers will have access to their own private key and the ability to back up their wallet. YOP V0 will host the primary functions and will run as a Beta until it is replaced with V1. YOP has built the proprietary technology that lays the foundation and infrastructure to layer additional features into the next versions.

“We are just getting started and laying the foundations for huge growth,” added Atif Yaqub. “In the four months since launch, we have been developing non-stop, growing the YOP ecosystem, adding product lines and building the customer base to go with it. With the launch of YOP V0, we are now primed for an exciting growth phase by bringing DeFi to the masses.”

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