BSC News

Xend Finance set to Launch First Crypto Yield Aggregator

This comes alongside Xend’s new mobile app: users will be allowed to convert local FIAT to stable crypto and access higher yields and DeFi investment opportunities through their phone.

Xend Finance Extend Crypto Opportunities With new Launch

Xend Finance has officially announced the launch of Xend Cross-Chain High Yield Aggregator and Xend Mobile App today. 

The high yield aggregator launches on Binance Smart Chain and Polygon. It will automatically ensure the highest Annual Percentage Yields (APYs) at all times, the team maintains. This will be achieved through Xend Finances’s fresh Layer-2 DeFi protocol. Yield farmers are given the opportunity to monitor yields without needing to move funds from various platforms on the Xend High Yield Aggregator dashboard. 

“Our mission at Xend Finance has always been to bring DeFi opportunities to underserved regions around the world, particularly those suffering from constant currency devaluation,” Ugochukwu Aronu, CEO of Xend Finance, revealed in an exclusive press release shared with BSC News. “With the launch of Cross-Chain High Yield Aggregator and Mobile App, we are catering to everyone and making opportunities that were once available to only the most savvy crypto investors, simple to understand and accessible to all, and from their mobile devices.”

The Xend Mobile App will see its official launch today on both iOS and Android and is available for free download. Users will be able to navigate the app as a DeFi wallet, and also have the opportunity to navigate peer-to-peer fiat-to-crypto on-ramp and off-ramp. 

Moving local fiat currency to stablecoins and accessing the highest APYs across BSC by staking, or locking crypto for a designated period will be made easy for users. Everything users are able to do via the desktop version of Xend Finance will now be achievable on a phone, making life easier for all. 

“Xend Finance continues to ship code and release groundbreaking new products in DeFi, which is great for the blockchain industry as a whole,” Kenzi Wang, Managing Partner of AU21 revealed in the exclusive press release. “The Xend Finance High Yield Aggregator will save yield farmers time, while ensuring that savers and investors will find all of their needs from behind the comfort of the Xend Finance dashboard. We are very excited to be early investors of Xend Finance.”

What is Xend Finance?

Xend Finance is a global DeFi platform for credit unions, cooperatives, and individuals, with an open Layer-2 infrastructure for developers. Members can earn multiple levels of interest on their savings by seamlessly exchanging their crypto or fiat currency to stable cryptocurrencies and staking on lending platforms. Xend Finance recently released their Cross-Chain High Yield Aggregator, the first product in the industry that automatically scans and ensures the highest yields across multiple chains. Currently the product is available for BSC and Polygon.

The international team is made up of professionals with backgrounds in mathematics, finance, cryptography, and blockchain development, working for KPMG, Chevron, Huobi, and Stanbic Bank. Xend Finance is backed by Binance, Google Launchpad, NGC Ventures, Hashkey, and AU21 Capital, amongst others, and is headquartered in Enugu, Nigeria.

Find out more about the Xend Cross-Chain High Yield Aggregator here and get your official download on the iOS app or Android app.

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