YouHodler Savings Accounts Get New Upgrade with DASH (5.5%APY)
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Yesterday, the Dash marketing team made a revolutionary announcement that aims to bridge the gap between Dash and DeFi. Moreover, YouHodler also thought it was a good time to make an exciting new Dash announcement of our own. Starting today, users can earn a passive income on Dash with brand new savings accounts. Here’s how you can get started and why it could be a wise investment at this point in time.
A stress-free way to make your crypto earn 5.5%
Dash is the fourth cryptocurrency this month added to the YouHodler platform savings account family. We see a lot of potential in this promising crypto and we wanted to give our community a chance to earn more on DASH than simple, HODLing can provide. Now, you can earn 5.5% each year while simultaneously benefiting from Dash’s natural growth.
To being, simply follow these steps:
Step 1: Deposit DASH to your YouHodler wallet
Step 2: Sign the Savings Reward Agreement
Step 3: Watch your crypto earn interest every day.
Dash savings accounts: Why should you open one?
Dash may not have the same reputation as Bitcoin, Ethereum, or some other top-ten coins by market cap but lately, Dash has made some impressive headlines that could signal positive price movement in the near future. For example, just yesterday the company announced a new collaboration with StakeHound that will help Dash users earn staking rewards while also accessing DeFi services simultaneously.
In addition to that news, Dash recently released a multi-part video series about the new Dash platform called “Dash is Becoming a Cloud.” In the video (featured up above), they explain how the user can soon transfer Dash with just a username. No more long and confusing wallet addresses needed. With blockchain-registered usernames and contact lists, transactions will become as easy as sending a text message. At the moment, the Dash team is building a large community of DeFi developers to build new applications on the platform. Hence, the platform is evolving far beyond just payments and moving into real-word use cases and applications.
All this being said, Dash has enormous potential for price growth in the near future. Buying and HODLing this crypto on YouHodler ensures you get a guaranteed passive income in addition to the natural growth from Dash in the future.
Try the Barbell Strategy with Dash savings accounts
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Now that Dash savings accounts are here, YouHodler users have the new opportunity to try the Barbell Strategy with this promising crypto. Here’s how to get started:
1. Leave a large sum (e.g. 70%) of your Dash in savings accounts earning passive income
2. Take the rest (e.g. 30%) to Multi HODL where you could potentially multiply your crypto up to x30
Multi HODL lets you multiply your crypto via the market’s natural volatility. Simply choose a direction (up or down), a multiplier amount (up to x10), and then let the market do the rest for you. It’s a very efficient way to manage your risk while also taking advantage of daily opportunities found in the constant changes of the crypto market.