YIELD BANK - "The First People's DeFi Bank in the World"

in #yielbank3 years ago

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About:

The iYield team of surrounding industry professionals was formed in the early part of QTR 2nD 2020. As a group of like-minded individuals, our founder Domenico Vitale has a vision that we know is a true visionary idea and a resolution to the enormous problems that are today. not handled by DeFi. Realizing that at the forefront of most new markets and technologies, usually the first key players are traditionally more advanced and understanding users, we realized that the true overall picture of DeFi is missing a major component necessary for all markets and that is mass adoption. With a value of over 10 Billion topping the charts on DeFi, it is clear that this market has room to become a trillion dollar market if users of standard cryptocurrencies are to join in on the sidelines of fear. We have set out to make this happen by simplifying our platform and becoming the largest, most user-friendly platform on the DeFi market for all users of its kind, novice or advanced. At the same time, we feel that our tokens that represent Yield Bank are the two most economically efficient tokens to enter the market. Their main components and coding will change the way you look at prices and market conditions forever. Our key algorithms and metrics that are placed on our tokens will have a direct impact on their market price ensuring that their holders, and shareholders are very well compensated even in conditions of sale. Other major implementations such as yGasSaver, Auto Compounding, Asset Transaction Tracking, and the off-chain Ai Trading Strategy are set to provide further true value to our platform.

OUTSTANDING BENEFITS OF THE PLATFORM:

The Old Bank is certain to make progress, coupled with some longevity, to become the world's largest decentralized financial profitability after that. In order to provide an overview of ways in the future, this project is designed to offer very large users through a complex and easy to understand our interface. Bans Yilld's plan introduces many and includes many popular varieties that DEFI has offered on a single platform along with extensive ecosystem yields.

Since the YIELD BANK scheme is built and hosted on-site, only any time the assets are redisplayed will be used there to exit anywhere. Here are some of the amazing ways the company works.

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Main Result Bank Features:

All yB token holders have the power to support the platform. If users offer IL Liquidity, they get in return - LP tokens, which can be placed directly into the platform to earn yB token rewards. Moreover, yB tokens are often staked independently and simply unlike many other platforms. This unique bonus system offers two types of prizes that are offered when betting on the yB platform. There is a special feature that differs from the Yield Bank platform in comparison to others - when placing crypto yB announcements directly onto the platform, the age of reward for this action does not come from the original deposit format. to the yCASH message code format. This encrypted message is to weaken the message encryption which has properties equivalent to yB message encryption. The YCASH message code will be the sector open message code and have a top source. Support and value will come from many groups in the platform, Yield will support billing accounts as well as its main support, its own Karaoke team. The yB and yCASH code tokens are deflationary - Yield Bank automatically buys in the open field and automatically destroys the code tokens. this technique will withstand selling pressure and is intended to keep the Yield token value high. The yield system, coded for this function to ensure the selling pressure is adjusted. The yB and yCASH code tokens are deflationary - Yield Bank automatically buys in the open field and automatically destroys the code tokens. this technique will withstand selling pressure and is intended to keep the Yield token value high. The yield system, coded for this function to ensure the selling pressure is adjusted. The yB and yCASH code tokens are deflationary - Yield Bank automatically buys in the open field and automatically destroys the code tokens. this technique will withstand selling pressure and is intended to keep the Yield token value high. The yield system, coded for this function to ensure the selling pressure is adjusted.

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Dome:

Inside the vault of Yield Bank is a set of algorithms that automatically transfer money to top performing assets in real time. When and if the asset starts to fall outside the profitability threshold, the algorithm will automatically switch to the next active asset within the set eligibility parameters. These strategies are some of the most well-known trading strategies with a well-known trading bot developer partnership that is being developed to present a new way of autonomous trading. In addition, Yield Bank was the first to offer off-chain trading, trading the Ethereum blockchain and other cryptocurrency blockchains. In addition, Yield Bank will disrupt another world first with real world commodity and Forex market trading strategies using modern off-chain technology combined with different values.

User Interface and Experience:

Yield Bank aims to allow average crypto users to log into Yield Bank and be able to access the financial freedom that DeFi offers.

Ownership of Individual Accounts:

We have built a database layer on top of the Ethereum network for our Results Bank platform. Each ETH address holding yB will be assigned an account number, this account number is unique and pegged in our database to that unique ETH address. What the database does is simply read data from a blockchain explorer like etherscan and provide you with a complete breakdown of your finances in a concise and easy-to-read statement based on your pegged Yield Bank account number, similar to statements generated from traditional bank accounts. This statement will show your balance, profits, gas costs, transaction costs, where your assets are allocated, and more.

Tokenomics:

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YB Token Supply Details:

  • Total supply: 75,000 yB
  • [68%] Prize - 51,000 yB
  • [8%] Episode Liquidity - 6,000 yB
  • [6%] Reserves / CEX Listing Supply Escrowed - 4,500 yB
  • [5%] iYield Team - 3,750 yB
  • [5%] UNI Circulation / Liquidity Pool - 3,750 yB
  • [5%] Development - 3,750 yB
  • [3%] Marketing & Partnerships - 2,250 yB

Damage to the supply of yCASH Tokens:

  • Total supply: 75,000,000 yCASH
  • [68%] Prize - 51,000,000 yCASH
  • [10%] Episode Liquidity - 7,500,000 yCASH
  • [9%] Development - 6,750,000 yCASH
  • [5%] UNI Circulation / Liquidity - 3,750,000 yCASH
  • [5%] iYield Team - 3,750,000 yCASH
  • [3%] Marketing & Partnerships - 2,250,000 yCASH

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Conclusion:

With all the information I presented above, we will see that Yield Bank is a very creative and artistic project. Yield Bank has set a goal of creating an ecosystem that will provide the best results but still ensure the best possible security for private users. This is often the most important thing for us to be confident that the project will be successful and breathe new breath into the crypto banking system. Hopefully the Yield Bank team continues to grow and I will always support and follow this wonderful project!

For more information, please visit the link below:

Website: https://yieldbank.finance/
Whitepaper: https://yieldbank.finance/mt-content/uploads/2020/10/yb_whitepaper_lite.pdf
Telegram: https://t.me/YieldBank
Telegram Ann: https://t.me/YieldBankAnnouncements
Twitter: https://twitter.com/YieldBank
Media: https://medium.com/@YieldBank
Discord: http://discord.gg/4DrKFzJ

AUTHOR:

Username: Sumurbor
Profile Bitcointalk: https://bitcointalk.org/index.php?action=profile;u=1924609

ETH Address: 0x748bd5a5753587937fAC0e726B384bDbD2870644

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