YouHodler 2.0 “Affinity”: Sneak Peek into a New Era Of FinTech

Jul 23, 2020
FinTech, update, serenity, cryptocurrency lending platform, Defi

Next week, YouHodler will officially announce the first phase of its highly anticipated platform-wide update. YouHodler 2.0, aptly named “Affinity” will see large scale upgrades to the core features of the platform like wallets, savings accounts, and Multi HODL. Without giving too much away, here’s a little sneak peek into what you’ll see soon.

No limit savings accounts: choose your max rate for high-yield savings with Multi HODL

Previously, users of YouHodler Savings Accounts were limited by a max deposit amount, with no way of ever earning more than that maximum amount. In YouHodler Affinity, we’ve devised a completely new way to help you keep earning interest on your favorite coins and stablecoins while also giving you the option to earn over the max savings balance limit via the platform’s Multi HODL tool.

We’d like to note that the default limits for savings accounts are still in place and you are still free to earn up to the limit without using Multi HODL. Furthermore, for those early adopters and loyal community members who have requested custom savings account limits, those will respectfully remain in place in YouHodler 2.0.We will have many more details regarding this information soon.

Wallets, savings accounts, and Multi HODL fuse together for a revolutionary future

According to the Merriam-Webster dictionary definition, "affinity" means

“an attractive force between substances or particles that causes them to enter into and remain in chemical combination.”

That was partially the inspiration behind this update. An update that doesn’t just address minor bug fixes and attempt to “wow” users with pretty visual designs. YouHodler 2.0 really is an attractive fusion of various features that ultimately creates something more powerful, efficient, and technologically advanced than before. Take wallets and savings accounts for example.

Previously two separate features, YouHodler 2.0 brings them together to create a harmonious relationship where users can deposit, withdraw, store, and earn interest on cryptocurrencies/stablecoins all in one convenient location. In each wallet, users will also have access to new price charts (featuring both line and candlestick varieties) to easily monitor the price changes of their assets on an hourly, daily, weekly, monthly, 90 day and yearly basis for line chart and on 1M, 5M, 15M, 30M for OHLC candles.

Multi HODL buttons now integrated into wallets for easy multiplying

Lastly, another feature to mention here is that users will have the ability to open a new Multi HODL position directly from their coin’s wallets with the addition of integrated buttons found in the wallets themselves. This all comes with new updated charts, featuring both line and candlestick varieties for maximum convenience and usability. 

In addition, Multi HODL is getting a big facelift complete with new features like the ability to adjust Margin Call in addition to Take Profit, a larger Multiplier range, and an overall upgrade to the user experience. 

Experience “Affinity” for yourself next week

If you’re reading this thinking some of these ideas sound familiar, it’s because you’re right. YouHodler is a community-driven platform and the majority of these updates were directly inspired by you. So when we say “affinity” we don’t only mean an attractive force between platform features joining together to form one improved version, we also mean a powerful bond between the YouHodler team and the community.

For 2.0, we’ve both come together to build something we all helped achieve. This is definitely one of our most ambitious upgrades yet and we are excited to release the first iteration of Affinity next week. There will be another portion of features coming in the second phase soon so stay tuned.

For now, this is all the sneak peek can offer. Keep an eye on our blog and social media channels for the official announcement coming soon. 

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