yieldnodes explained
However, unlike many other high-yield passive income options, Yieldnodes allows you to withdraw your deposits (you just earn incentives), which is a significant advantage. It should be noted that each compound is also a 'deposit,' and so is subject to the 6-month lockup. There is a 48-hour emergency withdrawal feature, but there is a 25% penalty.
One thing I like about the service is that Yield Nodes let you take out all or part of your monthly yield or have it added to automatically. You could start taking out your returns every month, or you could let them keep growing. You could do either or both.
However, with many other high-yield passive income opportunities you cannot withdraw deposits (you only receive rewards), so this is a big plus for Yieldnodes. Keep in mind that every compound is also a "deposit" and must be locked up for 6 months. You can take out money in an emergency within 48 hours, but you'll have to pay a 25% penalty.
When people are forced to go underground in fear and children become collateral damage, you must act and provide assistance... We believe that we are a force for good, and we want to be able to look ourselves in the eye. Additionally, Urs has purchased two buses to transport disabled Ukrainian refugees to Europe.
When people need to cower underground in fear, and children are collateral damage, you need to act and provide help… We consider ourselves to be a force of good, and want to be able to face ourselves in the mirror. Urs has also purchased 2 buses that help to carry over disabled refugees from Ukraine into Europe.
Note that while monthly withdrawals are permitted, all deposits (even compounds that are considered as "deposits") are locked for six months. There is an emergency money release, however there is a price associated with it. This topic is elaborated upon in the FAQ.
Why have I chosen $5,000 and Jan-May 2021 timeframe? Because this $5,000 is 50% of what I saved converting the van, and at the time of writing, Jan-May 2021 are the full months I’ve been a part of Yield Nodes and earning a share in their profits. Read more on the van conversion and savings here.
