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Author Topic: yCredit - Andre Cronje  (Read 719 times)

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yCredit - Andre Cronje
« on: December 31, 2020, 05:38:21 PM »
As you know, Andre is the number one name in the Defi industry.We know him closely with the YFI project.After YFI project, K3PR and DeriSwap had announced their projects.

Today, he introduced his new project yCredit.
This project will allow users to deposit ERC-20 tokens and receive deposits of 99.5% as a credit line in the form of yCREDIT tokens.

For example, if a user deposits $ 100 worth of ETH, they will receive $ 99.5 worth of yCREDIT

Please check this article ; https://andrecronje.medium.com/tokenized-yield-credit-via-ycredit-48330f312d2

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yCredit - Andre Cronje
« on: December 31, 2020, 05:38:21 PM »

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Re: yCredit - Andre Cronje
« Reply #1 on: January 01, 2021, 07:40:07 AM »
He always creates new potential projects, the yCREDIT concept is very interesting, it can be said as passive income, right?
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Offline Magepai

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Re: yCredit - Andre Cronje
« Reply #2 on: January 01, 2021, 09:55:12 AM »
He always creates new potential projects, the yCREDIT concept is very interesting, it can be said as passive income, right?
Yes Bro is right we can call it passive income. In fact he has always created new projects. He currently has some coins in his project, of which YFI's coin is the most advanced, occupying the next place in Bitcoin.
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Re: yCredit - Andre Cronje
« Reply #3 on: January 01, 2021, 12:17:59 PM »
Yes Bro is right we can call it passive income. In fact he has always created new projects. He currently has some coins in his project, of which YFI's coin is the most advanced, occupying the next place in Bitcoin.
Wow, he really wants to dominate the crypto market, with a new project . it can be said that he is so famous for quality projects
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Re: yCredit - Andre Cronje
« Reply #4 on: January 01, 2021, 02:00:15 PM »
He always creates new potential projects, the yCREDIT concept is very interesting, it can be said as passive income, right?

Yes, we can say.
In fact, this new project also includes a clearing fee. Every deposit, trade, swap, borrow, or repay incurs a 0.5% fee
They accept the following tokens as collateral;
AAVE, BNB, BUSD, CRV, COMP, DAI, ETH, LINK, MKR, REN, renBTC, SNX, SUSD, TUSD, UNI, USDC, USDT, wNXM, wBTC, YFI

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Re: yCredit - Andre Cronje
« Reply #5 on: January 01, 2021, 03:38:37 PM »
Andre cronje a gentle man always seeking newly projects which are booming in cryptocurrency market. Yearns finance, keep3r, deriswsp now ycredits .. what a great person he is!!!

 

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