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YieldNodes - What is it?

Binance

Cryptocoins Exchanges / Binance 175 Views

TLDR: YieldNodes is a passive income for people with a lower risk tolerance. YieldNodes has generated around 8% monthly on average for the last two and a bit years. It is a slower rate of return for most De-Fi degens but slow and steady is an alternative approach. If autocompounded you're looking at 200%+ from a stable environment 2 yrs proven.

I've been on the hunt for a passive income option that provides an almost stable return and something almost similar to an index fund.

I came across YieldNodes in a YouTube video and didn't really pay too much attention until I got burned and burned time and time again chasing a beggars belief with the de-fi world. I decided to look into YieldNodes again and this is where I found out more.

YieldNodes has been around for about two years now and still looking relatively solid despite a few upturns during the last few years (glancing back to May 2021 and March 2020).

Of course it goes without saying that previous performance does not indicate future returns but they've averaged approximately 8% in the last few years.

I've scoured the internet for alternative views to YieldNodes but honestly its been mostly overwhelmingly positive.

The team appear to be very transparent, they do most of the leg work themselves and their communication is very good and they've always got back to me quickly.

Essentially you deposit a sum, they then use this to rent master node servers and you earn money from the transactions that are validated on the blockchain and this is paid back to you by BTC. Nothing is traded so you won't be susceptible to fluctuations in price.

YieldNodes policy is that they will return your deposit AND your profits after three months if the performance is less than 5% consecutively. Alternatively you can have your deposit returned in full after six months or an emergency withdrawal option at minus 25% (deposit $1000, get $750 back).

Autocompounding feature means that you can feather how much percentage wise you wish to autocompound back into the fund. Also it has a handy calculator to show you the previous returns over the last two years if you'd invested x amount which is factual because its based from the actual returns not predicted.

Questions I had were:

If I deposit BTC at $30k and it drops to $15k (wishful thinking) will I lose money? No you won't you'll get back the amount you deposited to the value of BTC.

According to their business model, YieldNodes has 2x the value of deposits in holdings to pay people back if anything was to go wrong. As you are renting a masternode, the value deposited isn't tied to a coin so you won't be losing out if it goes to zero. Of course nothing is guaranteed so there is still an element of risk attached to this.

I'd honestly say do more research on this if it is something you might be interested in. I'll happily answer questions to the best of my knowledge but of a $10,000 deposit I'm returning $750 avg per month and compounding it to generate more!

Have to be honest here and say the links below are an affiliate (no cost to you), totally your choice if you wish to use my sign up link but if you found it helpful I'd really appreciate it. It just means that I get a 5% payout from YieldNodes based on the deposit you put in so if you do use my affiliate link MESSAGE ME because I'll give you 50% of what I make from it back as it'll show on my affiliate page.

Thanks for reading and hope its been helpful.

https://members.yieldnodes.com/c/?a=wLd2Q2KA6eoPVYx&redirect=signup

Link for more info - https://yieldnodes.com?a=wLd2Q2KA6eoPVYx

submitted by /u/tottizzz
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