Best Project yLEND Protocol - You Deserve To A Greater Extent Than Earnings Cryptocurrency

in cryptocurrency •  4 years ago 

image.png

Hello everyone today I make a review best project cryptocurrency, let's go in here we go ..... #DeFi #yLEND #KP3R

You Deserve More Earnings

Our vision is that “You deserve to a greater extent than earnings”. There are many lending protocols available on the market, yet their involvement rates are alone based on the ratio of lenders together with borrowers. Usually, the involvement rates are really depression because of depression number of borrowed amount. We aim to solve this consequence together with maximize your earnings past offering farming functionality.

Lend your cryptoI together with earn involvement rates + yield earnings
Borrow crypto earn daily yield earnings based on the collateralized amount.
Stake your $yLEND holdings together with earn net past yield farming.
Maximize your earnings past APY together with yAPY.

Introduction yLEND Protocol :

yLEND protocol is built on Ethereum platform that volition allow users to lend, borrow $eth or other tokens together with earn algorithmically gear up involvement rates, additionally double their earnings amongst farming functionality which is 1 of a few inwards DeFi.

All is needed your Ethereum wallet together with cyberspace access, no KYC or tertiary political party is involved. You tin lend, borrow together with earn the highest involvement rates correct away.

This is almost promising together with really interesting project.Recently this projection attracts to a greater extent than attention.This is high character together with potent project.This projection developed past a bully together with successful working teams.yLEND protocol projection has bully future.This is a really proficient projection that has been made amongst the best design for their offer. Hope it volition get to a greater extent than successful inwards the future.

image.png

What is yLEND Protocol ?

Our vision is that “You deserve to a greater extent than earnings”. There are many lending protocols available on the market, nevertheless their involvement rates are alone based on the ratio of lenders together with borrowers. Usually, the involvement rates are rattling depression because of depression number of borrowed amount. We aim to solve this upshot together with maximize your earnings past offering farming functionality.

● Lend your crypto together with earn involvement rates + yield earnings

● Borrow crypto earn daily yield earnings based on the collateralized amount.

● Stake your $yLEND holdings together with earn net past yield farming.

● Maximize your earnings past APY together with yAPY.

image.png

APY + yAPY

Lenders volition earn 2 types of APY = APY in addition to yAPY

Standard APY volition live algorithmically calculated based on furnish in addition to demand. yAPY stands for the net from farming equally yield net inward yLEND tokens. This volition let lenders to earn high involvement rates fifty-fifty if at that place is a depression ask for borrowing which is missing inward many lending protocols.

Borrowers volition too earn yAPY on the sum they borrow. This sounds interesting, right? You earn coin fifty-fifty when you lot borrow cheers to yLEND ecosystem.

How yLEND protocol works ?

● Lending

yLEND protocol offers a new generation of crypto lending and borrowing protocol with farming opportunities. For provided liquidity users will earn standard interested rates and additionally yield earning from farming.

● Governance token

$yLEND is a governance token of yLEND protocol. One the core features of $yLEND is the ability to vote for the changes and development of the protocol. User will be able to decide distribution rate of $yLEND tokens, buy back and distribute or buy back and burn rates.

● Borrowing

Borrowing will be available on the collateralized amount from provided liquidity. Borrowers will also earn daily yield earnings based on the collateralized amount as yLEND tokens.

● Development Fund

yLEND development fund is one of the important part of the project. It is aimed to maintain the success of the project. Initially 500 eth (1/3) from pre-sale will be locked in the fund. Gradually, users will decide how to use these funds by voting. The main use case will be buying $yLEND tokens from the market and burning or distributing among the protocol users.

● Vault

$yLEND holders will be able to stake their $yLEND holdings and earn profit by locking their funds. The vault is designed to incentivize hodling the $yLEND tokens and maintain the sustainable price growth.

● yLUSD add on

Another exciting add on of yLEND protocol will be elastic supply token $yLUSD to maintain sustainable growth of the ecosystem. $yLUSD will follow the Ampleforth elastic supply models and it will expand and contract supply in response to market conditions, to target 1 USD per $yLUSD.

image.png

How big is DeFi ?

  • Total Value Locked (USD)
    11 billion

  • TVL in Lending (USD)
    4.2 billion

  • DeFi Assets MarketCap (USD)
    2.4 billion

image.png

How to Join The PRE-SALE ?

  • Prepare your Wallet
    Prepare your funds available for extensions such as MetaMask or Wallet Connect;

  • Follow our Announcements
    Follow our official channels for pre-sale announcements and instructions. Use only the links we provide to enter the pre-sale pool.

  • Join Pre-Sale
    Connect your wallet, enter the pool, send your ETH to swap for $yLEND tokens, and immediately receive the tokens to your wallet.

  • Check Your Balance
    All the tokens your receive are fully unlocked and tradable.

image.png

Token Distribution

  • Name Token : yLEND
  • Total Supply : 75,000
  • Target Uniswap Listing Price: 1 ETH / 8 yLEND
  • Pre-Sale Date: SOON
  • KYC: NO
  • Marketing: 5%
  • Team: 5%
  • Hard Cap : 1,500 ETH
  • Soft cap : 900 ETH
  • Pre-Sale Price : 1 ETH/ 20 YLEND

image.png

Roadmap

  • Q3 2020 : yLEND protocol development.
  • Q4 2020 : Public Pre-Sale.
  • Q4 2020 : Uniswap Listing Immediately After the Pre-Sale.
  • Q4 2020 : Preparing for Beta Launch.
  • Q4 2020 : Completion of Audits.
  • Q4 2020 : Beta Launch.
  • Q1 2021 : Launching Full Community Governance.
  • Q1 2021 : Vault Release.
  • Q1 2021 : Preparing for yLUSD launch.

Conclusion

Actually is this is rattling powerful together with pop projection from a successful company.This is i of the nearly ongoing projects inwards the marketplace at present. Customers are participating inwards this projection alongside much to a greater extent than interest. Hopefully, those of us who are working on this projection volition make good a lot from here. The fellowship volition acquaint itself equally a much bigger fellowship inwards the days ahead.I am experience rattling happy together with lucky to working alongside this project.So don't missy this project.

image.png

I hope you are interested and go to join in this project, if you need all information please you can visit the link below and you can join in Telegram group for active chat and don't forget to follow me. I always give you information best project cryptocurrency. Best Regards

MORE INFORMATION

By :
Bitcointalk : Netto
Link BTT : https://bitcointalk.org/index.php?action=profile;u=808134
ETH Address : 0xdF62F175670FD510cdc8d2Cc93D3f36320B68043

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!