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Title: YieldFi Announces Launch of World’s First On-Chain Asset Management Platform

United Arab Emirates, 15th Jan 2025 - YieldFi, a platform designed for streamlined one-stop asset management, today announced its innovative approach to simplifying yield generation in the DeFi space. Designed to unlock the best stablecoin yields across Layer-1 (L1) and Layer-2 (L2) blockchain networks, YieldFi positions itself as the go-to solution for efficient, transparent, and automated asset management.At the heart of the platform is its flagship yUSD token, enabling users to access advanced yield strategies once reserved for institutions and high-net-worth investors, all through a seamless, user-friendly experience.What YieldFi SolvesThe DeFi landscape presents significant challenges for both individual and institutional investors. Most users face complexity across protocols, high transaction fees, and fragmented positions across different networks. YieldFi addresses these challenges through automated yield generation and simplified investment processes. The platform activates idle stablecoins through carefully selected strategies, reducing the time and expertise needed to manage DeFi positions.How It WorksYieldFi operates as a decentralized, on-chain fund of funds, aggregating stablecoin yields across multiple L1s and L2s. The YieldFi process is straightforward and user-friendly:Users simply deposit their supported stablecoins and receive yUSD tokens in return.These tokens automatically earn yields from our curated strategies across major blockchain networks. Daily compounding returns are reflected in the token value, and users can withdraw their funds at any time.Key BenefitsYieldFi delivers professional-grade yield optimization with less than 1% drawdown risk. Participants receive passive income without active management while gaining exposure to yiel...

This press release is issued by King Newswire