Yuh is the first money app that shares its revenues with its users. What?! It might sound unorthodox, but we like to do things differently. That’s why we created Swissqoin.

What is Swissqoin (SWQ)?

  • An innovative crypto token, whose value grows every month, as Yuh reinvests part* of its revenue back into it. Because we love to share with our friends.
  • A unique reward program. The more you use the app, the more Swissqoins you get, and the more you benefit from Yuh’s revenue. Easy money.
*The amount reinvested currently represents 0.25 CHF per month and per active client.

Get Swissqoins!

Virtual currencies are on-trend right now. That’s why we made our own, the Swissqoin. And they’re easy to earn – you can top-up your Swissqoins with (almost) every action you do on your account.
  • One time deposit of 500 CHF at the account opening*: 250 SWQ
  • Referral**: 500 SWQ
  • Every Yuh Trade: 5 SWQ
  • Every Yuh Mastercard payment***: 1 SWQ
* The deposit of 500 CHF must be made in one instalment.
** For both referrer and referee, after the referee makes a first deposit of at least 500 CHF (in a single instalment, at any time after opening the account).
*** A debit card transaction must amount to at least 1 CHF (or equivalent in other currencies) in order to qualify for a reward. Rewards for payments with your debit card are limited to 20 Swissqoins per day (which corresponds to 10 payments).

What can I do with it?

  • Redeem it for cold, hard cash anytime, by using the “Instant Sale” option in the app.
  • Gift them to any of your friends who are fellow Yuh clients.
  • Hoard it! Hold on to your Swissqoin – its value is expected to increase monthly with Yuh’s revenue.

How much is it worth?

The current instant redemption value per Swissqoin is 0.01 CHF.
This redemption value is recalculated on a monthly basis as Yuh reinvests a portion of its revenues into Swissqoin.

More (geeky) details

Token Issuer: Swissquote Bank Ltd
Token Distribution: 450’000’000 tokens
SWQ price at launch: 0.01 CHF
Reserve account:
  • The reserve account is a pool of CHF which gives the SWQ its primary value. At the launch of the Yuh app, the reserve account will amount to 2’000’000 CHF.
  • With a total of 200’000’000 SWQ available for the distribution, each SWQ had an initial redemption price (i.e. immediate value) of 0.01 CHF. The price of the SWQ has grown as the reserve account is being funded every month, and as the SWQ available become scarcer. In June 2023 an additional 100’000’000 Swissqoin were minted at the market price, followed by another 150’000’000 in June 2024, increasing the amount of tokens in circulation.
  • SWQ Redemption Price = (Reserve Account Balance)/(SWQ Total Supply)
  • Tokens: The Swissqoins are issued in the form of uncertificated securities and are represented by digital tokens recorded on the Ethereum blockchain (the “SWQ Tokens”). Each SWQ Token represents one Swissqoin.
  • ERC-20: Their functions build up on Ethereum’s ERC-20 standard. The SWQ Tokens are visible on https://etherscan.io/token/0x2521e19666f4e678ff5af3593c38d3dabd72d4da
  • Smart contract: Solidity. The smart contract address for the SWQ Tokens is 0x2521e19666f4e678ff5af3593c38d3dabd72d4da
  • Decimals: The smart contract makes it possible for the SWQ Tokens to be divided down to 8 decimal places.