Introduction
During the last year, the term "DeFi" has caused quite a stir in the decentralized movement. Many community members believe that DeFi, or decentralized finance, has the ability to completely revolutionize the global economy by making the financial industry more transparent and accessible. The DeFi movement addresses the problems of traditional finance by using decentralized networks to transform existing financial products into trustless and transparent protocols that function without the usage of intermediaries.
DeFi has a once-in-a-lifetime opportunity to carve itself a niche in the industry. 1.7 billion people worldwide do not have access to basic banking services. They will be able to utilize smart contracts and profit from outstanding financial development if they have a simple internet connection and security.
What is Yield360.io?
Yield360.io is a decentralised financial asset that adds 0.0206 percent to its users' holdings every 13 minutes. The Y360 reward generation protocol is an innovative profit generation system that is one-of-a-kind. Every 13 minutes, the Y360 rewarding mechanism creates and distributes a 0.0206 percent incentive to all active users.
This protocol includes cutting-edge technology and features that are not found in other forks. It was designed with the goal of being automated and convenient.
Users of Y360 may profit from this high return rate by acquiring and storing Yield360's native token $Y360, which they can get from pancakeswap and deposit in their MetaMask wallet. The protocol will generate and distribute rewards automatically.
Features
Insurance fund
The YIF (Y360 Insurance Fund) is a distinct wallet in the Y360 YAP system. The YIF is funded by a percentage of the YIF wallet's buy and sell trading fees, and it operates on the same formula as the Rebase Rewards. Simply put, the YIF parameter permits staking incentives (rebase rewards) that are delivered at a rate of 0.0206 percent every 13 minutes, assuring a high and consistent interest rate for $Y360 token holders. Reducing the possibility of a bad outcome: Maintaining constant levels of growth to maintain long-term growth continuity To assure pricing consistency, a rebase approach is used.
Tokenomics rebased
Yield360 has re-based Tokenomics. Yield360's pricing and rebase incentives are based on a complex set of metrics. It includes the (YIF), which acts as an insurance fund to ensure the Y360 Protocol's price stability and long-term survival by providing a consistent 0.0206 percent rebase rate every 13 minutes to all $Y360 token holders.
Fire pit
Approximately 1.5 percent of all $Y360 transacted is consumed by the fire pit. The number of burned tokens is proportional to the circulating supply; the more tokens traded, the more that are burned, leading the fire pit to grow in size due to self-fulfilling Auto-Compounding, reducing the circulating supply and ensuring the Y360 protocol’s stability.
Protocol for managing auto-liquidity
Liquidity can be thought of as a huge sum of money split evenly between $Y360 and $BNB tokens. For example, there is a conversion ratio established for the amount of $Y360 available through BNB: The value of 1 BNB is 36.44 Y360.
Simple and safe staking
The Y360 tokens are always kept in your wallet and do not need to be staked in the high-risk staking contract. Simply buy it and keep it, and it will automatically multiply your rewards in your wallet, eliminating the need to learn about the stake/unstake procedure and avoiding a staking tax cost.
Yield 360 Treasury
The Treasury is a crucial component of the Y360 YAP protocol. It performs three key services for the long-term health and growth of Y360.io. The Treasury is another source of funding for the YIF. If the price of the $Y360 token falls dramatically, this additional assistance may be useful. It contributes to the determination of a $Y360 token floor price.
What distinguishes Yield360 from the competition?
● On the Binance Chain, the first 2.0 asset multiplication protocol has been developed.
● The Yield360 is an automated reward generating and distribution technique with a time stamp of 13 minutes and an estimated interest rate of 0.0205 percent.
● The protocol offers automation through its Yield360 automation protocol YALE, Y360 treasury fund YIF, and deflationary tokenomics, which is based on the buy-hold-earn phenomenon.
● The automation of the reinvestment process is known as auto-staking. An auto-staking protocol is constructed on the foundation of auto-compounding by default; the association between the two concepts is so strong that the two terms are used interchangeably in many literary publications. As a result, an auto-staking system has a good chance of giving its users exponential returns. As a result, the Yale360 can back its maximum fixed APY of 360,000 percent.
Token & Tokenomics
Yield360 is the most trustworthy protocol for asset auto-staking. The $Y360 derives value from a number of qualities.
The Y360 purchase and sell fees account for a sizable portion of the YAP. They provide financing for the protocol's most critical functions. Other protocols provide bonds to finance the same tasks as Yield 360 fees; but, if the bonds are not sold, the token's support will wane and the price would plummet. Furthermore, when token holders sell bonds, they lose money. It restricts the amount of APY accessible and makes offering a consistent APY impractical. Due to charges (6 percent for buys and 6 percent for sells), Y360 is able to give $Y360 holders with a consistent APY of 360,000 percent yearly 8 percent for sells).
Buy 8%
LP 3
YIF 1.5
Treasury 3
Firepit 1.5
Sell 10%
LP 3
YIF 1.5
Treasury 5
Firepit 1.5
Trading fees are used to back the liquidity of the BNB/Y360 pair on PancakeSwap, guaranteeing that the $Y360 collateral value grows over time.
YIF — Trading fees are held in the Yield360 Insurance Fund, which helps to sustain and back the positive rebase staking payouts.
Trading fees go straight to the Treasury, which supports the YIF, covers Y360’s marketing budget, and funds future product development.
Burning Pit — The Burning Pit burns 3% of all $Y360 transactions. The more that is traded, the more that is added to the fire, causing the burning pit to grow larger and larger by self-fulfilling auto-compounding, reducing the circulating supply of $Y360 and keeping the Yield 360 protocol stable.
Conclusion
Yield360 is a DeFi software development company that builds next-generation DeFi 2.0solutions, and its Yield 360 auto-staking protocol is an attempt to improve the staking module. The company’s core product is the Y360 token, which offers exceptional value propositions to token holders.
For more іnfоrmаtіоn, рlеаѕе visit:
👉🏻Website: https://yield360.io/
👉🏻Whitepaper: https://yield-io.gitbook.io/yield-360/
👉🏻Bounty Thread: https://bitcointalk.org/index.php?topic=5392941.0
👉🏻Telegram: https://t.me/yield360
👉🏻Twitter: https://twitter.com/yield360
👉🏻Facebook: https://www.facebook.com/Yield360/
👉🏻Instagram: https://www.instagram.com/yield_360/
👉🏻Reddit: https://www.reddit.com/user/yield_360
👉🏻Medium: https://yield360.medium.com/
👉🏻Discord: https://discord.gg/nGF2XYqR
👉🏻GitHub: https://github.com/Yield360
AUTHOR
Bitcointalk username: Crypto Master#
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=3451398
Telegram username: @cryptomaster7075
BEP20 address: 0xDaD5FA9BDB9d380D139D4daE42b7cCC200a7D14b