Introduction to YIF, Yearn Insurance Farming

Introduction to YIF, Yearn Insurance Farming

By CryptoJD | Crypto Enthusiast | 20 Sep 2020


A lot of people had been into DeFi and think of certain concern most of us are questionning about. Given the wide range and used case of DeFi nowadays and the fact that it is new to us, mainstream would not involved their funds if disadvantages were still present. Of course there are loop holes in the development of decentralized finance and that what YIF would want to carry out.

YIF developers are willing to work 24/7 in order to solved issues and provide swaps, staking, farming and insurance coverage for all its clients.

What is YIF

YIF is a governance token of Yearn Insurance Farming protocol (Official Website). Each holders of YIF are entitled to vote on the changes and decisions of YIF ecosystem. YIF is the first insured swap based on the limited supply tokens. The goal is simple, since there a lot of issues in swaps, YIF ecosystem insured all of them to stand the best among DeFi. Also, to established Trust, Legitimacy, and Peace of Mind for all its users. These insured swap covered smart contracts and everyone can purchase a cover of insurance based on their preferences. And the best part is anyone can contribute and will be rewarded.

Join Public Pre-Sale

YIF presale will be starting on September 23, 2020. The presale will only accomodate for a day and will be provided liquidity in the UNISWAP. Funds which will be raised in the initial private sale will be used to provide further developments into YIF ecosystem.

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The pre-sale price is 0.011ETH = 1 YIF. Total supply is equal to only 90,000 YIF as per initial circulation. Target pre-sale softcap is 600 ETH and Hard cap will be 1,000 ETH. The pre-sale will be announced in their official website and groups (see links below).

Other Information:

  • Presale will be on September 23, 2020.
  • Please follow official channel on telegram to stay updated on latest announcements.

It is always the best choice to set threshold on any investments. Managed risk properly and wisely.

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CryptoJD
CryptoJD

All of these are learning phases of crypto adoption evidenced by the state's support and other enterprises' trust in cryptocurrencies and their underlying processes and technology that will make-up the decentralized world.


Crypto Enthusiast
Crypto Enthusiast

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