To start earning with Yield, open the Wealth App and go to the Portfolio tab. Then, select USD Coin.
Tap on Start Now button.
To activate Yield program you must have USDC tokens in your portfolio. If you don't have any, perform an exchange or crypto deposit first.
On the next screen you can see:
- Active balance is the balance that is active during this period (check this article to now more about periods);
- Total balance is the active balance + pending subscription;
- Total yield earned is how much you earned at the beginning of the period;
- The Current return is different for premium and standard users;
- Estimated Yield: how much interest the user will earn at the end of the period.
You can also see your balance here in USDC or your default fiat currency.
You can activate your Smart Yield account with any amount. You can top up your balance at any time by tapping on Top Up button.
You will see the details of transaction in this screen section. If your transfer or top up was accepted, it will disappear from the transactions list but you can still find it in your standard USDC transaction list. If your transfer or top up is pending, it is not yet active and pending for cutoff (every day 8AM UTC).
You can see more details about the transaction like the activation date. Your transaction will become active by that time. If the activation date is not displayed it means that we are still estimating the time when the transaction will become active. You will be informed once it becomes active.
You can transfer your funds whenever you want by tapping on Transfer button.
Transfers are actioned at the end of the 24-hour payout period, and can take a few hours to be processed. Transfers will be marked as "pending" untill the end of the 24 hours period which means they are still active. After that they'll have a "pending settlement" status which means transfers are not active anymore and they'll be transferred to your WAP account anytime (it can take few hours).