Decentralized Finance has revolutionized the cryptocurrency industry. Developers and project teams have shaped the financial future of self-management, yield agriculture, and a financial economy far beyond traditional cryptocurrency trading. Opens the door to an economic avenue not available to the average and world cryptocurrency user. The iYield team plans to market this avenue to the masses of the cryptocurrency community. We strive for mass adoption, coupled with extreme longevity to become the largest Decentralized Finance outcome aggregator in the world. We will achieve this with some of the highest professionals in the industry, together with our partners.
Yield Bank has determined to create an ecosystem that will produce the highest yield yet the safest that can be achieved by every user. To provide insight into our plans, we plan to offer native tokens that allow access to our ecosystem. Tokens are deflationary tokens with properties not very visible in the market before. The liquidity provided is irrevocable through smart contracts. Thus creating Liquid Level (LL) - a key level created to aid market price decomposition. This creates a new market for its derivative - LP Tokens. This process will stabilize market prices while creating a higher market value, in addition to offering passive income to Unlimited Locked Liquidity (ILL) providers. This will make it possible to stake our Results Bank platform.
Result Bank Features:
Hit:
All yB token holders have the ability to bet on our platform. If the user provides IL Liquidity, in return for their receipt - the LP token, it can be directly wagered onto the platform to get a reward from the yB token. In addition, yB tokens can be staked independently and singly unlike many other platforms. This diverse prize system provides two types of prizes that are offered when betting on the yB platform.
Arbitration: Professionals know where the money and the future really are. Lately the LP token market is trying to get into the DeFi stage in brighter light than ever. Yield Bank with its financial background looks at how this market should be shipped to the world and sees how to deliver it in a professional manner.
Vaults:
Inside the vault of Yield Bank is a set of dynamic algorithms that automatically move funds to the best performing assets in real time. When and if the asset starts to fall outside the profitable threshold, the algorithm will independently move to the next performing asset in the qualifying parameter set.
401K Vaults:
This dome is just that, made for retirement. One of our main goals at iYield is longevity. We plan to provide the best returns for the years to come at a safe price that every user can save for their future. We've collected data that helps us make our 401K strategy deliver long-term results for our customers' futures, not ours.
User Interface and Experience:
Our team has looked at all the most popular DeFi protocols and platforms. We consider it too low quality, poor design, plain, boring and most importantly very scary and alienating the average crypto user. One of our main tools that we plan to deploy en masse is a much improved user interface and experience - we plan to provide a user experience that feels very similar to what they use to be packaged into the simple UI they are familiar with. with.
Ownership of Individual Accounts:
We have built a database layer on top of the Ethereum network for our Results Bank platform. Each ETH address holding yB will be assigned an account number, this account number is unique and pegged in our database to that unique ETH address.
People's Fund:
For the first time at DeFi, we further honor our shareholders and holders with the "People's Fund".
yGasSaver & Auto Compounding:
Our developers have developed a "yGasSaver" feature which combines multiple transaction steps into a simple one click option to save fuel for our users. We allow users to enter our pools without having to leave our ecosystem, exchange tokens, add liquidity across multiple pools, and stake returned LP tokens all in one click. This allows for substantial savings in gas costs of approximately 90%.
YCASH TOKEN:
YCASH is also a deflationary token but from a much higher supply will have similar characteristics of the yB token and its lLL type of liquidity. It will be an open market sale token and reward token for staking its yB token, yCASH token and LP token. The yCASH token also has the appropriate MDI coding capabilities to withstand selling pressure as well as our own propriety code method to further improve the buyback mechanism and reduce selling pressure. The yCASH token will be a reward token and additional buying pressure support for the original yB token. For every yCASH token purchased, a purchase is also made with the yB token from the Support Fund which is taken from each yCASH sale of 0.007%.
CONCLUSION:
Our full 10-page whitepaper will be available for viewing soon, the current version is not our complete coverage and we have many additions to let you know. Please also pay attention to the yB token even though it is our first token and a required token for our platform, we will be releasing the full range of products to the Yield Bank platform. We would like to release a summary whitepaper to provide a brief synopsis to our investors. We want to thank the 4,000+ users who supported us in just 72 hours after our initial launch. We thank you very much, and look forward to bringing you the greatest platform DeFi has to offer.
FOR MORE INFORMATION, PLEASE VISIT THE LINKS BELOW:
Website: yieldbank.finance
Medium: medium.com/@YieldBank
Twitter: twitter.com/YieldBank
Telegram Room: t.me/YieldBank
Telegram Announcement Channel: t.me/YieldBankAnnouncements
Discord: discord.gg/4DrKFzJ
Email: social@yieldbank.finance
ILL Episode date: TBA
AUTHOR:
Username:Damkar58
Profile Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1925168
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