The DeFi sector is one of the fastest growing sectors in 2020, with liquidity pools staking tokens value at $9 billion in August 2020, while it was less than $200 million in year 2019. The huge gap demonstrates a large increase interest from the crypto space. DeFi can simply be refers to as the 'hot hit' of 2020.
While Uniswap is still the market leader with its 17% market share, there are various unicorn projects competing with it. As indicated by DeFi Pulse - Maker, Curve and AAVE each of them have more than $1 billion staked in their pools.
DEFI OVERVIEW
The reason of DeFi is to relegate CeFi and standardize non-custodial, permissionless finanace for global adoption. However, developers, investors and users must adopt this protocol for this to occur. For DeFi to be globally adopted, it must be financially accessible and affordable.
The high cost of Eth gas is the main issue for users accessing the market with less than $10,000. Many centralized exchanges have listed some major DeFi tokens. Notwithstanding, no any direct links with Ethereum for liquidity providers and yield farming.
Yearn Finance Recovery is a project developing a platform that enable users with smaller funds to invest in the same pools as institutional investors with billions of dollars. It's a platform that allows users regardless of their funds to invest in profitable crypto based schemes. Investors with large funds will surely make more profits than the smaller capitals. Yet, the chance to make good profits shouldn't be totally theirs.
OVERVIEW OF YEARN FINANCE RECOVERY
Yearn Finance Recovery platform was built with advanced technology which enables it to function and serves its main purpose successfully. The platform have prioritize security, by ensuring users data are never compromised and their password or private key never leaked.Yearn Recovery #DeFi platform is community centric project.
Yearn Finance Recovery Main Features
9000 initial supply
30000 total supply over a period of 2 years
3 vaults, namely: USDT, USDC and DAI
3 000 YFIR will be distributed to the three staking contract for a period of two years
3 new vaults will be added to the pools every 2 years with 3000 YFIR allocated to each vault
Burning system
Yearn Finance Recovery is an amazing platform built on Ethereum network. The platform was designed to resolve the issues of price drop of many assets in light of some project developers who sold all their tokens. The platform runs effectively with its ecosystem token (YFIR) which is developed on Ethereum and compatible with ERC20 protocol.
For the fast growing of the DeFi market and crypto world, Yearn Finance Recovery play a vital role, since it is platform has a serious impact on the global DeFi market. The platform is an extraordinary opportunity to turn into one of the owner of a promising crypto asset and earn passive income with it.
Extra financial instruments, for example, Staking will likewise be available on the Yearn Recovery platform. Undoubtedly, Staking is a wonderful opportunity to earn extra income, and every one of us will have the opportunity to stake our tokens on the Yearn Recovery platform.
WHY INVEST IN YFIR?
• Yearn Finance Recovery's most well known product is its vaults, this facilitate the automation of liquidity mining.
• Yearn Finance Recovery mode of operation improve gas efficiency and offer low capital traders opportunities to participate in DeFi's investment opportunity.
In my humble opinion, the YFIR token presale isn’t something one should miss. This will be one of the life time opportunities for crypto lover of any level to become owner of one of the promising crypto assets that can offer high return on investment within short period.
TOKEN DETAILS
Token name: Yearn Finance Recovery
Token symbol: YFIR
Token price 1 YFIR: 0.1111 ETH
Hardcap: 900 ETH
Current Supply: 9,000 YFIR
Maximum Supply after 2 years: 30,000 YFIR
Starting MarketCap: $900,000
It is very critical and essential to keep up to date with the plans for the development of the Yearn Recovery platform and all the information, fact and figures from the roadmap will be seriously helpful in our decision.
CONCLUSION
Before you ask, I’m one of the early adaptors of Yearn Recovery as I hardly miss golden opportunity like this. Also I will equally want to notifies other potential investors that the current circulating YFIR tokens is just 9000 YFIR , which adds value to both the YFIR and the Yearn Recovery platform in general.
More info:
Web site: https://yfir.finance/
Twiiter: https://twitter.com/YearnRecovery
Telegram: https://t.me/yfirecovery
Discord: https://discord.com/invite/f7YGcFz
AUTHOR
Bitcointalk Username: Alaho15
BitcoinTalk profile link: https://bitcointalk.org/index.php?action=profile;u=2513944
Eth Address: 0xf8c20030A71708E73D58Ab3900629F17B8875da5