General Presentation
Decentralized Finance popularly known as DeFi is a revolution which means shifting from the traditional financial system to modern decentralized Financial system powered and administered by Block-chain and Smart Contracts technology. DeFi operates exactly like traditional Financial system like Banks, Cooperative Society , Lending institutions and more . The Difference is that while centralized Financial system operates with the use of human resources and Fiat , DeFi operates with the use of powerful blockchain DApps and Cryptocurrencies , hence removing any form of middlemen and human intervention in the system . Varieties of financial services can be conducted seamlessly and independently on DeFi DApps without any need of intermediaries. Users can carry out seamless financial services such as investment, Lending , borrowing , trading, insurance and more . Today, in this publication, i will be discussing about YFIT DeFi platform which i do hope all my readers will find very interesting .YFIT has emerged to offer sustainability and profitability into DeFi Ecosystem . The Platform has been developed to correct the prevailing anomalies in the existing DeFi Ecosystem and offering confidence , sustainability and guaranteed profitability to the users of the platform .
About YFIT Platform and how the platform works.
The primary basis of business investment is profitability . As mentioned earlier in the previous paragraph, Yearn Finance Tech focuses on Sustainability , transparency and profitability .Users profitability are guaranteed . YFIT whose full name goes by Yearn Finance Technology is an independent FORK of Yearn Finance Technology . The platform is designed for the masses , it is a decentralized Finance Platform designed for all . The Unbanked class willing to access a reliable investment services can easily explore YFIT platform and take benefits of the seamless investment opportunities offers. The Complexity of having to undergo a mandatory KYC , AML before investment is completely removed by the Platform .
YFIT offers huge investment opportunities for everyone .The system is designed in a way that anyone irrespective of their location can use the platform because the barrier of intermediaries has been removed. Users only need to connect the investment platform via their private keys and conduct seamless financial and investment services.
As explained earlier, DeFi is a modern Financial system whose underlying model is quite transparent, reliable, secured and decentralized. The ecosystem implements a powerful Decentralized DeFi DApps in which all financial activities takes place. Users will be able to lend their cryptocurrencies, borrow cryptocurrencies , stake cryptocurrencies and access tremendous investment opportunities created by the platform . The platform implements autonomous system of operation.Users dont have business with any human administration, rather the platform has designed a powerful DApps with a well written smart contracts which facilitate accuracy and autonomous investment transaction within the ecosystem . Users will be able to Deposit their YFIT token to access varieties of investment opportunities in the platform . With the YFIT token , users will be able to Stake , Vote and Borrow . Another fantastic feature of YFIT platform is the integration of Blockchain Based Gaming Platform . This is an additional medium for users to earn profit as well as generating funds for the Platform . YFIT offers an 100% decentralized Gaming hub powered by Blockchain and Smart contracts which enables automation, accuracy and transparency. YFarm Gaming platform has been designed in a way which users will be able exchange the available in-games for cryptocurrencies.
Users can borrow loans from YFIT platform while opportunity for Farm is made available in YFIT Farm section . Users can stake YFIT as well and earn unlimited amount of income based on the volume of their staked tokens. YFIT in addition to all these services also offers Vault Services known as YFIT Vaults , this is a protocol which automates the yield farming system . There are countless opportunities offered by YFIT platform . With the user of YFIT token , users are eligible to conduct votes in a decentralized manner. It offers On-chain voting system which enable users to vote in the platform .m
YFIT FARM : YFIT offers Yield Farming which allows users to farm varieties of crypto assets in the platform . The Yield Farming system offers by YFIT offers good return on investment .
YFIT GAME : This is a brilliant and working idea of YFIT team . It gives users ability to trade Card Games and enabling trading of In Game Items within the platform . All these features are designed to allow investors earn without limit in the platform .
YFIT TOKEN : This is the native token of Yearn Finance Teck . It powers all operation within the ecosystem . Users can conduct varieties of financial services with YFIT token . It can also be used to stake games and participate in the general operation within the ecosystem . The total Supply of YFIT token is 20,000 in which 11,000 has been allocated for the Pres sale . Users can buy their token on the website .
YFIT CROWDFUND
PHASE 1
Total YFIT Allocated: 2000
Price : 1 Ethereum - 10 YFIT
Sales Bonus : 50%
PHASE 2 :
Total YFIT Allocated:3000
Price : 1Ethereum - 10 YFIT
Sales Bonus : 25%
PHASE 3
Total YFIT Allocated:6000
Price : 1 Ethereum - 10 YFIT
Sales Bonus : 5%
Official Resources
Website: https://yearnfinance.tech/
CrowdSale Page: https://crowdsale.yearnfinance.tech/
Twitter: https://twitter.com/yearn_finance
Telegram : https://t.me/yearnfi
Medium: https://yearnfinance.medium.com/
Authorship
Bitcointalk username :koremodupe
Bitcointalk profile url: https://bitcointalk.org/index.php?action=profile;u=2681359
Eth address: 0x92d259F369B02eF1d625C3F3bDc2F6b06A8BE272