YieldTopia Protocol

in yield •  3 years ago 

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Introduction

Centralized systems have kept verifying to the world that the systems are unfavorable to the people. Middlemen will never be tired of using the people to their advantage. Hence, a decentralized finance system is of great use in the financial sector.

Unique Yieldtopia Features

This innovative ecosystem was put together by cryptocurrency lovers and investors to create a sustainable, profitable, and scalable network for everyone. The issue with centralized monetary platforms is the inaccessible packages alongside the zero to low profit for saving money with them. As a result, Yieldtopia was developed. The advantages this protocol brings range from auto-compounding, auto-staking, referrals, massive APY benefits, etc.

The utility-based design of Yieldtopia supports its scalable feature. A factor noteworthy that makes Yieldtopia unique is the technique supporting the protocol regardless of the 42,069% APY, to begin with. Without doubts, Yieldtopia is amazing. Its long-term yield, decentralization, and fully open system guarantee users of the APY are compounded. Those who created Yieldtopia (the financial technicians and enthusiasts) are well-schooled in economics. Their expertise proves that individuals are meant to benefit from banks not otherwise. Hence, the creation of this ecosystem for all to profit with their money. People are what Yieldtopia focuses on.
Scalability and sustainability are features of Yieldtopia that have been accomplished. This was possible by creating a system based on the protocol with its token, YIELD. Yield is designed such that it will always produce extra worth to Yieldtopia and the Yieldtopian community through the APY. Through Yield and USDY, rewards like rebasing are distributed to users.

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When you think of a trustworthy platform, Yieldtopia is such. It is people-driven, beneficial, reliable, decentralized, and as mentioned above, scalable, and sustainable.
Packages in Yieldtopia include; a launchpad, a Non-fungible token market, the stablecoin; USDY, a huge APY, and lots more. Decentralization including its design gives it an edge to back-up Yield rewards, USDY, and the token itself. Unlike other platforms that request users to rely on them, Yieldtopia is a trustless system. It does not require your trust because it is trustworthy in itself. As a decentralized system, it is designed to function this way. One of the biggest downsides is pleading for customers to Trust your services and brand. An authentic decentralized finance system is to be Trustless.

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The uniqueness of Yieldtopia has been stated to be its system of value generation. Another is a fact Celcius proved to be true. As an investor or savings account holder, if you are unable to access your funds freely, is it truly yours? However, their platform didn't build on that fact and that's where the peculiarity of Yieldtopia comes to play. Yieldtopia's developing team carried out an analysis of all decentralized finance projects that did not succeed in previous months and learned from their errors.
The failures of the previous DeFi projects ​created a means for Yieldtopia to carefully criticize data for the attainment of authentic sustainable features for everyone. All utilities of the Yieldtopia protocol assist USDY pegging, that is, maintaining the value at all times at $1 including assisting the worth of Yield, and saving the profits allotted to investors productive. Within a 30 minutes time frame constantly, investors are rewarded with benefits. Those platforms which failed didn't provide a means for automatic rewarding. Also, the USDY does not influence or overprint more than its store. In so doing, this process aids in preventing a de-pegging situation.

Conclusion

For a fact, Yieldtopia is serving the needs of the people notwithstanding class, status, or title. There is no bias in its administration and operations. It is a protocol where all are welcome.

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Writers Information

Website: https://yieldtopia.finance/
Whitepaper: https://docs.yieldtopia.finance/
Telegram: https://t.me/yieldtopiachat
Twitter: https://twitter.com/YieldTopia
Medium: https://medium.com/@YieldTopia
Instagram: https://instagram.com/YieldTopia

Writers Information

Bitcointalk Username: Esty2281
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2737693
Proof of Authentication: https://bitcointalk.org/index.php?topic=5405551.msg60595127#msg60595127
BSC Wallet Address: 0xA181d93387DF684AD94D79f40E77E16f1BfE1a39

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