INTRODUCTION
This is most promising and very interesting project. Recently this project attracts more attention. This is high quality and strong project.This project developed by a great and successful working teams. yLEND protocol project has great future. This is a very good project that has been made with the best plan for their offer. Hope it will become more successful in the future. yLEND protocol is built on Ethereum platform that will allow users to lend, borrow $eth or other tokens and earn algorithmically set interest rates, additionally double their earnings with farming functionality which is one of a few in DeFi. yLEND is an administration token that will empower clients to change the loan fees and settle on significant choice towards the improvement of the protocol.
What is yLEND protocol?
Our vision is that “You deserve more earnings”. There are many lending protocols available on the market, however their interest rates are only based on the ratio of lenders and borrowers. Usually, the interest rates are very low because of low number of borrowed amount. We aim to solve this issue and maximize your earnings by offering farming functionality.
PROTOCOL WORKS 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.
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.
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.
WHAT'S GOVERNMENT 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. All of these features will be programmed into our smart contract, votes will be automatically counted and changes will be made if any.
CONCLUSION
Actually is this is very powerful and popular project from a successful company.This is one of the most ongoing projects in the market at present. Customers are participating in this project with much more interest. Hopefully, those of us who are working on this project will benefit a lot from here. The company will present itself as a much bigger company in the days ahead.I am feel very happy and lucky to working with this project.So don't miss this project.
ROAD MAP
A good project, with a clear road map with experienced and successful team. This is a very good project and its team is
working very hard on this project so that this project is going to give us a very good profit.
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
yLEND TOKEN INFORMATION
Token name: yLEND
Total Supply: 75,000
Pre-sale amount: 30,000
Pre-sale price: 1 ETH/20 yLEND
Soft cap: 900 ETH
Hard cap: 1,500 ETH
Initial Listing Price: 1 ETH/8 yLEND
Team: 4,000
Marketing: 4,000
🌏🌏MORE INFORMATION🌏🌏
Web-site: www.ylend.io/
● Twitter: twitter.com/ylendprotocol
● Telegram channel: https://t.me/ylendio
● Telegram group: https://t.me/ylendgroup
● Medium: https://ylendprotocol.medium.com/
My author
Forum Username: Alamin9884
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=1219607
Telegram Username: @alamin988