What is Yieldnodes?
Yieldnodes is a fully hands-off approach to masternoding, allowing the users to invest into masternodes without actually dealing with the technical side.
What Is A Masternode?
Master nodes are part of the crypto infrastructure that supports cryptocurrencies such as Bitcoin & Ethereum Unlike regular nodes, master nodes do not add new blocks of transactions to the blockchain. Instead, they verify new blocks and perform special roles and actions in governing the blockchain.
What Is APY?
The annual percentage yield (APY) is the real rate of return earned on an investment, taking into account the effect of compounding interest.
What is Compound Interest?
Compound interest is interest on interest. Yieldnodes compounds your investment monthly, so:
First month +10% makes your total: 110%,
Second month +10% makes your profit (1.1 X 1.1 = 1,21) 121%,
Third month (+10%) gives (1.1 X 1.1 X 1.1) 133.1% profit,
Third month (+10%) gives (1.1 X 1.1 X 1.1 X 1.1) 146.41% profit,
Compounding (monthly) makes your initial investment grow higher based on the months and amount invested.
What Yield Can Be Expected?
Currently, Yieldnodes aims to generate 5-15% compounded growth per month. We cannot guarantee this but measures are in place to prevent slow months. Safety of the network, system, and integrity of the servers is the first priority.
Why Should We Trust?
Yieldnodes has been in beta for a while. Also, links to the Trustpilot with reviews are available. Feel free to reach out to our beta testers who get paid regularly – on time… every time! Despite our headline rates, we are not trying to be a get-rich-quick scheme. Rather, we are a community of crypto enthusiasts looking to grow together.
Do They Hold My Investment In Bitcoin?
No, bitcoin is too volatile to be a stable investment. Because the program is started in the EURO, what we do is we exchange your deposit into USDT (crypto stable coin) and then rent the masternode- servers plus exchange the usdt in the required masternode coin (collateral needed) to initiate the noding process, thus starting to generate the monthly yield!
With the generated coins we set up more nodes (compound), or exchange them for other coins in other cryptocurrencies and set more nodes (diversify), growing our assets by the day (and therefore, yours too!). We keep doing this until we get a withdrawal request. We then change back the coins to BTC or SAPP and pay you out.
Bitcoin is but a tool for us to transfer the “value”. The profits are always made against the Euro to keep it stable & consistent.
What Are The Fees? What Is In It For Yieldnodes?
We only take a maximum 15% of generated profits to cover the 24/7 monitoring, operation of the servers, assumption of liability for the stakes, and to provide us with some reward for our activities. your bank may take transfer fees but these are out of our control.
What Methods Of Deposits Are Available?
Since this is a cryptosystem, it is easiest to accept deposits in Bitcoin.
Depending on your location, deposits can also be USD and EUR via bank transfer and/or card payments (see the members area)
What Are The Minimum and Maximum Deposit In Yieldnodes?
The Minimum is EUR 500 and the maximum is currently EUR 250,000.
How Do I Withdraw?
Withdrawals can be started from the member area. Each withdrawal request must be put in place by the 15th of the month so we have time to sell the masternodes that hold your coins, so funds will be paid out to you on the 8th of the following month in Bitcoin or SAPP. The minimum withdrawal is 100 EURO.
Why Is KYCRrequired?
KYC (Know-your-customer) is a measure that has been put in place to prevent money laundering. By requiring customers make to themselves known, authorities can always trace the origins of funds and therefore investigate suspicious activity if required. Yieldnodes will never share personal details with anyone unless there is no other option.