Historically, investments are only available to the affluent class and those who have the right connections and assets. This means that regular individuals don't have many options to grow their wealth, and investments usually require a substantial amount of capital. Thankfully, decentralized finance was introduced providing accessibility to financial services that were once restricted.

To date, there’s over US$103 billion in assets locked in the DeFi space, and the number keeps growing. This signifies the growth of the industry as well as the number of new projects being introduced in the space. Two projects that promise to change the current financial landscape are YIELD and Onchain Custodian.

We have them together in a panel discussion about the DeFi boom and the future of investments. Read on to find out more about this episode.

Easy investing with YIELD App

YIELD App is a FinTech company that aims to provide an easy way to invest in DeFi at the touch of a button. This is possible through the company’s intuitive web platform allowing users around the world to start earning returns from DeFi products without going through a lengthy, tedious, and often expensive learning curve. The YIELD app allows users to deposit and invest their digital assets in return for an Annual Percentage Yield (APY) of up to 20.5%.

“We’re targeting a yield, so we're essentially returning a kind of guaranteed investment, and when you have guarantees, you take a lot less risky strategies, right? So a lot of our DeFi, etc, is paying six, six and a half percent. We top up with tokens as the pools get compressed, we have some other strategies that top that up. But the majority of our portfolio is DeFi. And then we have, maybe 10, 15 percent in alternative liquid strategies that use arbitrage, etc, that essentially give us a small buffer to give us the coverage that our clients' money is likely safe. But we're able to achieve the returns that we have. It's a little bit of a science,” explains Lucas Kiely, Chief Investment Officer of YIELD App.

Safe and secure investing with Onchain Custodian

Onchain Custodian is a digital safe for digital assets. The company offers a global, standardized, resilient, insured, and compliant custody service for the safekeeping of institutional digital asset investments with incomparable user experience. The solution they offer is built with the flexibility to meet the possible futures of crypto custody. ONC understands the importance of digital asset custody and is committed to creating a global standard for it.

“We deployed a solution called IBM HSM level four. HSM stands for Hardware Secure Module. But anyway, right now in the crypto industry, nobody in space has level four. That’s why we deployed HSM level four; for anybody to get hacked, they have to not only hack our system, but they have to hack all IBM servers across all different locations. And even if they hack everything inside, as soon as they hack, the keys are automatically deleted. So there is nothing inside. So that’s when it becomes an unhackable kind of solution,” shares Amarpeet Singh, Chief Operating Officer of Onchain Custodian.

Bottomline

With these innovations, we can see a brighter and better future in the world of investments. Retail investors can now utilize an app where they can invest in decentralized finance products any time, wherever they are in the world. On the other hand, institutional investors now have the option for a secure safekeeping of their digital assets.