Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Community Coins & Tokens => Topic started by: Bitmager on December 15, 2020, 10:55:40 AM
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Website: yieldbank.finance
Telegram: t.me/YieldBank
The biggest issue facing the space right now is that yield farming, trading, lending, borrowing, and other decentralized finance activities are scattered across a host of different platforms. Yield Bank offers an all-in-one set of features previously only seen across several platforms, as well as some unique ones and groundbreaking tokenomics.
Here are some of the features that Yield Bank will offer:
• Two tokens, the yB and yCash tokens, with fixed supplies and a deflationary token burn and buy system where both tokens' prices are greatly supported
• Liquid Lend: Loans using LP tokens as collateral
• DeFi Futures: Decentralized futures trading based off the Uniswap liquidity pool model with transactions and settlement on a L2 solution
• LP market trading: locked liquidity pools for the yB and yCash pairings creates a market for trading and arbitraging multiple LPs, with the fees from trading further adding to the value of the liquidity pools
• Vaults: a way for users to earn interest on their cryptocurrency through the implementation of various automatic trading strategies
• yGasSaver: multiple transactions are combined within the ecosystem to save users on gas
• Auto-Compounding: An option that can automatically convert users assets into the proper ratios needed for staking. After rewards are earned, the auto-compounder can then reinvest all rewards by exchanging rewards for LP tokens and staking them
• Account Numbers and Wallets: Easy in-house wallet creation + onboarding, and custom account numbers pegged to each users ETH address
Let me know what you think.