The Intro
In the second decade of the twenty-first century, decentralization gained popularity. Decentralization happened in the financial realm as well. People started using digital or virtual money. The growing usage of virtual currencies by ordinary people, corporations and enterprises, and, eventually, governments drove up virtual currency prices. Furthermore, cryptocurrencies are now seen as a financial revolution. This post will discuss one such Cryptocurrency with a lot of long-term potential. So read on to discover more about Yield360.io, a fantastic virtual money!
What exactly is Yield360.io?
Yield360.io is a decentralized financial asset that adds 0.0206 percent to its users' holdings every 13 minutes. The Y360 reward generation protocol is an advanced profit generation system that is one-of-a-kind. Every 13 minutes, the Y360 rewarding mechanism generates and distributes a 0.0206 percent reward to all active users. This protocol includes cutting-edge technologies and features that are not found in other forks. It was designed with the goal of being automated and convenient. Users of Y360 can benefit from this high return rate by purchasing and storing Yield360's native token $Y360, which they can get from pancakeswap and save in their MetaMask wallet. The protocol will generate and distribute awards automatically.
Auto Staking Platform
Yield360 is a staking platform with a smart protocol that will allow users to stake tokens and receive maximum payouts. Users will be able to leverage Yield360's services to generate more passive income. Users will be able to access Yield360 from their mobile devices at any time and from any location. Yield360 provides what today's customers expect: an auto-staking platform that allows users to make large payouts. Yield360 pays consumers 110 times each day using a clever process and an ecosystem that is supported by everyone. Yield360 provides customers with a set APY of 360,000 percent and is one of the market's staking platforms with a very high APY. Designed with BSC technology, Yield360 will offer users a staking service with a dependable and secure architecture for a variety of user activities. As a result, users do not need to be concerned about Yield360's credibility and dependability.
Yeild360 is a full-fledged explorer.
The Yield360 ecosystem is made up of three main components:
Yield360 Protocol
Yield360 Token
Yield360 Platform
Yield360 Protocol is a decentralized open-source protocol based on the Ethereum blockchain that offers a transparent and honest method of generating returns on cryptocurrency holdings. The protocol is made up of smart contracts, which serve as an immutable source of truth and automate all system functions.
Yield360 Token is a native utility token that powers the Yield360 ecosystem and allows for trading between all cryptocurrencies supported by the platform. It was created to address the major issues that investors are currently facing in the cryptocurrency market. All trading fees are paid with the $Y360 token, and all fees are burned, creating scarcity for $Y360 token holders and incentivizing them to hold it for long-term gains. After purchasing $Y360 tokens, you will have access to staking and farming services on our platform, allowing you to earn more $Y360 tokens without having to invest any additional funds.
Rebasing is the technique of altering the quantity of a coin so that its relative inflation rate remains constant. The value of each coin drops as the overall number of Y360 coins grows, producing a more stable asset for investors. In order to maintain stability, inflation is required. Yield360 rebase is a reliable, steady, and efficient alternative to standard investing solutions. It has shown to be an effective method of paying participants for the risks they take by purchasing $Y360 tokens. This is accomplished by enabling investors to stake their tokens in the YIF (Yield 360 Insurance Fund), which is supported by a portion of the trading costs discovered between the YAP and $Y360 tokens. The mechanism's goal is not only to maintain a stable price, but also to encourage users to continue using the platform and generate trading volume.
What sets Yield360 apart from the competition?
The first 2.0 asset multiplication protocol has been built on the Binance Chain.
The Yield360 is a time-stamped automated reward generation and distribution mechanism with an estimated interest rate of 0.0205 percent.
Through its Yield360 automation protocol YALE, Y360 treasury fund YIF, and deflationary tokenomics, which is based on the buy-hold-earn phenomena, the protocol provides automation.
Auto-staking is the process of automating the reinvestment process. The foundation of an auto-staking protocol is 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 high probability of providing its users with exponential returns. As a result, the Yale360 is able to support its maximum fixed APY of 360,000 percent.
Tokenomics
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Yield360 is the most trustworthy protocol for asset auto-staking. The $Y360 derives value from a number of qualities.
- Yield 360 Smart Contract: 0xdce927c84ba103a64e6fc54ef5b0a7d4c6dc0f4f
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 costs, Y360 is able to provide $Y360 holders with a consistent APY of 360,000 percent per year (6 percent for buys and 8 percent for sells).
The Conclusion
Yield360 is an auto-staking and auto-compounding technology that helps users maximize their staking earnings. Users do not need to actively stake tokens in this case since the operating system will do it for them. As a result, when users purchase tokens, they will receive incentives immediately in their wallets. Users will be awarded once every 13 minutes, for a total of 110 times each day, and this will continue. Yield360 might thus be a solution for people searching for a platform to make passive income. Yield360 aspires to be an auto-staking platform that assists users in obtaining maximum rewards more easily and securely. As a result, users will have access to a more profitable and user-friendly staking platform.
For more info :
Website _ https://yield360.io/
Medium _ https://yield360.medium.com/
Telegram _ https://t.me/yield360
Twitter _ https://twitter.com/yield360
Reddit _ https://www.reddit.com/r/Yield_360/
Discord _ https://discord.gg/w6utZfyUXr
Author Details:
Forum Username: Kavindu123
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3374029;sa=summary
Proof of Authentication: https://bitcointalk.org/index.php?topic=5392941.msg59764824#msg59764824
Wallet Address: 0xe2ca4C76352EB9719BDEC08b12B0f194ab9f0632