The past few years have shown a huge surge in the popularity of Devolved Finance. And it is not surprising, as it gives many benefits to people, from the possibility of transferring without a bank account to a central third party absence.
Up to 1.7 billion people do not have access to financial services, fees for bank transactions are crazy high, and your privacy is far from ideal. Not to mention how easy it is for central entities to cancel your transactions or even block your bank account – without any kind of explanation.
So, DeFi is a better way of solution for companies and individuals. And if you don’t know what services to choose to join this organization, we have a suggestion – Yearnify Finance.
Note: This is a Sponsored Post
What is Yearnify Finance?
Yearnify Finance is a new and innovative DeFi project that was brought to life by improving Yearn Finance’s (YFY) features, aimed at providing consumers with a reliable product on their assets.
The platform was built with the Ethereum protocol and is particularly known because it increases the annual percentage yield (APY) of the cryptos deposited into the DeFi system. It also gives consumers many options to choose from – staking, farming, lending and mortgage.
Due to its high earnings and security power, Yearnify defeated many crypto enthusiasts. It is considered one of the strongest platforms in terms of scalability, interoperability, developmentability and governance.
How to join Yearnify Finance?
If you want to be a part of the Yearnify community, make sure you get your YFY tickets on time, as they have a limited supply of just 29,000 YFYs to distribute to the community, through Airdrops and events Pre-sale.
And guess what. The final round of Pre-Sale is already live. You can easily buy them with ETH once you connect your Metamask – it can be created following the instructions here.
In case you ask yourself if it’s worth it, find out that Yearnify has announced that its ticket is already listed on major exchange platforms like Hotbit, Uniswap, and Kucoin. Therefore, it should hit an initial listing price of $ 3,200 before the end of the year.
What is the Yearnify ecosystem?
In the shortest possible way, Yearnify is a friendly and secure product farming platform created with the aim of giving BID holders the opportunity to benefit from all the ecosystem platforms.
Contrary to popular belief, the platform supports far more than just its ticket. It also supports fixed coins such as DAI, USDC, USDT, TUSD, and sUSD.
The Yearnify ecosystem contains everything you would need to properly enter the crypto world:
- The Yearnify Finance – which enables investors to earn YFY tickets as revenue by waiting;
- The Borrowing option – which guarantees consumers up to 29% consumer earnings;
- The Yield Farming – where you can move assets within Compound;
- SWAP Yearnify – for smooth transactions;
- DApps – so you can use your tokens like any other fiat currency, but without the fear of central entities.
How is the Token YFY supply distributed?
As we said before, Yearnify has a total supply of just 29,000 YFY, so it can stay stable all the time and not generate inflation. Tokenomics of Yean Finance looks like this:
- Ticket Type: ERC-20
- Token Symbol: YFY
- Token Name: Yearnify Finance
- Contract: 0xb9ae6fe574982e891666a5b1c2b33e79eb5dabb5
- Total Supply: 29,000 YFY
- Supply Distribution: 12,000 YFY
- Uniswap Initial Liquidity: 9,000 YFY
- YFY for Pre-Sale: 8,000 YFY
- Team Tickets: 500 YFY
- Marketing and Development: 2,000 YFY
- Airdrops: 8,000 YFY
If you want to get into the crypto world, make sure you enter with the right foot. Companies like Yearnify allow you to choose from a variety of options and thus find out what type of DeFi investment is right for you.
If you want to find out more, be sure to check out their website, Telegram channel, or contact them by email at [email protected].