ABOUT YIELD BANK DeFi ECOSYSTEM
Decentralized Finance popularly known as DeFi is a ground breaking Financial system focuses on reshaping the global financial system . We believe this is a revolutionary approach that will usher transparency and efficiency into the global financial system . DeFi is reshaping Cryptocurrency industry as well. The industry has never been the same ever since the emergence of DeFi in the early 2019 . The developers and and the financial expert are exploring this avenue to offer the most efficient and transparent financial services to the world . It is a mission to set the world free from the tyrant government all over the world. The DeFi concepts will pave ways for economies opportunities for all crypto users all over the world ...
In this publication, i will be discussing about Yield Bank DeFi Ecosystem and they intend to the change the financial world with the wide range of DeFi products and services . Yield Bank is a broad spectrum DeFi ecosystem willing to change the game in the entire global DeFi ecosystem . Yield Bank Team focuses on Cryptocurrency DeFi mass adoption and Sustainability and all parameters to achieve these quality goals has been put in place .
Yield Bank focuses to establish a DeFi ecosystem which will be very safe , profitable and sustainable for the users. The platform is planned to yield the best profit and safest investment platform for the users. All that needed to achieve these goals has been put in place . The platform focuses on Partnering with the world finest industry professionals to offers the best DeFi services to the world.
Yield bank will have its own platform token which will enable users to access all investment and financial services in the ecosystem . Yield Bank token will offer a deflationary token which some integrated features which has never existed in DeFi ecosystem . Yield Bank will offer liquidity through its dedicated Smart Contracts which will create a liquid level (LL) , this will help in the market decomposition and creating a new marketplace for its derivative , the LP token . This mechanism will help in market pricing stabilization and creating high value in the market . Besides, it will offer a passive income to the Infinitely locked liquidity Provider (ILL). Opportunity to stake on Yield Bank Platform will be made available .
yB TOKEN
Yield Bank implements yB token which is the platform native token . Staking yB token will allow users to earn yCash token which can be found and traded on open market with high level of liquidity . yCASH token will also serve as a deflationary token that will be paid out to Liquidity Providers as Staking rewards for staking yB tokens . As mentioned earlier , yB token is the native token of Yield bank platform . It is the only token which can allow users to access a wide range of DeFi products offered in the platform . Users will not be able to participate in the platform without yB token . Holders of yB token will be assigned with an internal account number which will enable them to access the yield bank platform . As mentioned earlier, yield Bank is offering something new in DeFi ecosystem . It is a platform designed to beat against all odds in the existing DeFi ecosystem and offering a sustainable DeFi Model and with Long term goal.
Yield Bank DApps will offer all necessary functionalities , products and services will be accessible by users under one roof in a simplified and friendly user interface. The platform users will be empowered to conducts seamless Decentralized Financial services such as :
(i) Trading ,
(ii) Staking
(iii) Retirement Savings in the platform 401k account ,
(iv) Lock Up in Yield Bank Vaults and trading LPs token
(vi) Coins Swapping with an internal AMM
(vii) Users will be able to generate, view and printing transactions information from their respective account in which the statements will reflects the balances , transactions, gas fees, allocated assets ,transaction fees and more .
Yield Bank is a very robust DeFi Ecosystem willing to offer Institutional Grade Banking service is a decentralized system . As mentioned earlier , Yield bank will render DeFi services which has never present in any Blockchain powered DeFi ecosystem. In this article i will enumerate some game changing features of Yield bank DeFi platform which i feel my readers will find very interesting . Below are the features of the platform
(i) Yield Bank Staking Platform
(ii) Yield Bank Arbitrage Service
(iii) Yield Bank Vaults services
(iv) Yield Bank 401K Vaults
(v) Yield Bank People’s Fund
(i) YIELD BANK STAKING PLATFORM : To access all features in Yield Bank platform , users must have yB token . Staking yB token allows users earn yCash token as their staking rewards .Users who provides IL liquidity are rewarded with the LP token which can be staked directly to get yB token as rewards. yB token can be staked independently on the platform . . Yield Bank implements yB token which is the platform native token . Staking yB token will allow users to earn yCash token which can be found and traded on open market with high level of liquidity . yCASH token will also serve as a deflationary token that will be paid out to Liquidity Providers as Staking rewards for staking yB tokens . As mentioned earlier , yB token is the native token of Yield bank platform . It is the only token which can allow users to access a wide range of DeFi products offered in the platform . Users will not be able to participate in the platform without yB token. As stated in the above paragraph both yB and yCash token are deflationary type of token meaning they automatically purchased themselves in an open market and are also burned automatically. This model keep the token value stable and resistance to the pressure of the sellers .
(ii) YIELD BANK ARBITRAGING PLATFORM : Yield banks aims to offer a cryptocurrency with high liquidity which will be capable of being paired with high volumes cryptocurrency in the market and made suitable for trading . This will create trading opportunity for users ranging from retail traders and institutional traders.
(iii) YIELD BANK VAULTS : There are varieties of algorithms designed by the yield Bank which moves funds automatically in real time to the best performing assets .This system is designed in a way in which if an assets started gaining loss , the algorithm will move funds automatically to the next performing assets . This is an autonomous trading system which coordinate trading activities .Yield Bank platform will be the first ever DeFi platform that will offer an off chain trading , multi chain trading system and trading outside Ethereum blokchain . Yield Bank will offer complex trading system which will intergrate Forex trading , Commodities , Stock trading system which will keep their scope more broadened than any ever existing DeFi ecosystem .
FINAL THOUGHT
Yield Bank is a broad spectrum DeFi ecosystem willing to change the game in the entire global DeFi ecosystem . Yield Bank Team focuses on Cryptocurrency DeFi mass adoption and Sustainability and all parameters to achieve these quality goals has been put in place .Yield Bank is offering something new in DeFi ecosystem . It is a platform designed to beat against all odds in the existing DeFi ecosystem and offering a sustainable DeFi Model and with Long term goal. Yield Bank DApps will offer all necessary functionalities , products and services will be accessible by users under one roof in a simplified and friendly user interface. The platform users will be empowered to conducts seamless Decentralized Financial services . To Learn more about Yield Bank DeFi ecosystem do not hesitate to check the official links below .
Yield Bank Official Resources
Website: yieldbank.finance
Medium: medium.com/@YieldBank
Twitter: twitter.com/YieldBank
Telegram Room: t.me/YieldBank
Telegram Announcement Channel: t.me/YieldBankAnnouncements
Discord: discord.gg/4DrKFzJ
Email: [email protected]
Authorship:
Bitcointalk username :koremodupe
Bitcointalk profile url: https://bitcointalk.org/index.php?action=profile;u=2681359
Eth address: 0x92d259F369B02eF1d625C3F3bDc2F6b06A8BE272
Proof of Auth : https://bitcointalk.org/index.php?topic=5283622.msg55446052#msg55446052
