Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => DeFi tokens => Topic started by: Oxumare on December 31, 2020, 05:38:21 PM
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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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He always creates new potential projects, the yCREDIT concept is very interesting, it can be said as passive income, right?
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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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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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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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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!!!