YieldNodes: More for you, Less for us!

 

This is the headline of the latest communication from YieldNodes to all of its members. What is it about?

You might be aware or remember from a previous articles that YieldNodes pays a monthly reward of 5–15% of your investment. The payout you receive as an investor is 85% net at the end, 15% is the fee for the overall operation of YieldNodes. That was the fee structure so far.

Less fees going forward

As YieldNodes will become 3 years old this October, the fee of 15% will be reduced. Instead of the 85% you will receive 87.5% going forward. YieldNodes will receive not 15% anymore, they will get 12.5% to cover their costs.

This is quite a drastic reduction of fees and great news for us as investors as we get even more money going forward.

I think this is also great news from YieldNodes’ perspective. Although this is now pure speculation on my side, I assume their business is growing a lot lately and they can simply afford to reduce the fees and still have enough to cover their overall business and for sure still make profit.

Mobile app soon

The YieldNodes app is currently under review by Google and should arrive soon for Android users. Also the IOS app will come soon, but usually that is a bit a longer process on the Apple side. So stay tuned to manage your YieldNodes investment on your cell phone soon.

Let me add here a warning here: The apps are not yet released. Be aware of fake apps.

All in all exciting news for all of us YieldNodes investor. Thanks for your time.

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