HodlerYield: Eligibility, Yield Calculation, and Token Risks
Summary
The document describes HodlerYield, a platform product that pays incentives for holding supported interest-bearing tokens, initially WEETH and USDE. Eligible balances may include spot holdings, supported tokens used as margin in multi-asset futures accounts, and qualifying sub-account holdings. Returns are calculated daily and distributed to an account the following day; the payout token may differ from the held asset, with ETHFI given as an example for WEETH.
The product’s stated yield is variable: the platform adjusts APR based on on-chain performance, market conditions, and, for some offers, whether trading requirements are met. The article says users may sell at any time, but doing so can reduce eligibility or promotional rewards, and it notes that WEETH yield depends on staking rewards and network conditions. It provides no independent verification of rates, payout history, or the protocols’ risks. Access requires main-account identity verification, and the described terms are specific to the platform product.
Key ideas
- Holding supported tokens may earn daily incentives across eligible spot, futures-margin, and sub-account balances.
- Returns are settled daily and distributed the following day, possibly in a different token.
- APR can change with protocol performance, market conditions, and promotion requirements.
- Selling at any time may reduce eligibility for incentives or promotional rewards.
- WEETH yield is linked to staking rewards, while the document provides no independent yield or risk data.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.