Traditionally, when it comes to investing, some perks have been reserved for people with high net worth. As the saying goes, the rich get richer. Many analysts speculate that part of the reason is that this group gets higher returns on their investments than those considered “regular investors”.
As a result, the wealth gap between the rich and the poor continues to widen, indicating that a solution is needed now more than ever. Thus, the concept of democratizing money management continues to gain popularity for equal opportunity. Through automated trading and other digital solutions, some of the same opportunities are provided to high net worth clients as well as regular investors.
To this end, SwissBorg has dedicated its teams to democratizing money management by making it fair, fun and community-based. In the face of initial success, the CHSB token has seen exponential growth, with more than 500,000 users joining the ecosystem. As token holders, these users reap a number of benefits from the token feature, such as taking advantage of lower fees and higher profits to fine-tune users in managing long-term assets.
With the goal of continuing to expand the SwissBorg ecosystem and increase demand for the CHSB token, the team has since looked at ways to reinvent the discount program to make rewards more equitable. Since then, SwissBorg has announced the launch of enhanced earnings sharing to increase revenue for microtoken holders; This approach was formed in CHSB Yield 2.0, a program that identifies inequality in the distribution of wealth in order to improve it using an optimization algorithm. The team shares that the inspiration for Yield 2.0 came from an article by Vitalik Buterin, in which it explores the strengths and weaknesses of various measures of inequality used in the context of cryptography.
Alex Vaselle, Director of Partnerships, joins this in the effort.
“Centuries of exclusive financing suddenly become overwhelming. The 2.0 yield instantly increases the short-term APY% for the less fortunate or novice, while dramatically increasing the wealth of the privileged or the seasoned. Hopefully, this will change old standards of profitability that will only benefit the really rich.” ”
As a result, CHSB Yield 2.0 is the first of its kind to be implemented in the cryptocurrency space, and is designed with promising returns that will in turn increase the well-being of society as a whole.
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So how does a payback program democratize money management?
CHSB Yield 2.0 introduces the concept of Yield Levels. In practical terms, this means that the income that the user will receive will depend on the number of CHSB tokens that the user has in his return wallet. In this case, each user’s return wallet is divided into five progressive tiers at different APRs, with tier 1 containing the first 2,000 CHSB, tier 2 containing the next 8,000, and so on.
This innovative method of calculating profitability is a key component of CHSB Return 2.0. By setting tiers at different rates, SwissBorg offers very attractive profit margins to smallholders to attract new users. In addition, this mechanism ensures that the more CHSB tokens a user has in their CHSB return wallet, the more they earn. It’s the same with big owners, all users benefit from gradual levels and meager profits.
More about CHSB YIELD 2.0 here
For the SwissBorg community, smaller token holders benefit from the ability to accelerate their wealth growth through bets from high net worth investors. The sooner this group gets there, the sooner they can get the community premium with double the benefits, including increased wealth with a 1.5x return multiplier applied to all eligible assets, and reduced fees thanks to the efforts of the CHSB over 12 months.
Reducing the circulating supply of coins will benefit larger token holders as the growing SwissBorg ecosystem will only increase demand as supply decreases. Thus, high net worth investors can also be confident that the value of their investment is likely to rise in the long term.