Yield Bank : The World’s First Defi Bank Of The People

Yield Bank : The World’s First Defi Bank Of The People

By mdyakeen | CRYPTOCURRENCY/BLOCKCHAIN | 13 Nov 2020


Blockchain enables many businesses, Operating Models, Efficient Processes, Costs and Products for many Businesses and Banking services such as finance. Today we all know that Finance is one of the most important factor throughout the globe. Also it plays major role in crypto-markets. Digital assets are in huge demand due to their credibility many investors are entering into the crypto-market, for faster, safer and secure transactions. Digital financial sector is one of the most important requirements for Investors. The digitization of financial sector comprise digital assets, smart contracts and digital capital takes the settlement of blockchain further by forging exceptional levels of connectivity and programmability between goods, services, assets and holdings. These digital assets will redefine the processes of commercial and financial markets, creating a new platform where value is brought at every touch point.

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Decentralized Finance has revolutionized the block chain industry. Developers of professional teams have produced a solution to financial future of self-money management. Yield farming is opening an opportunity to reasonable economical and financial  avenues that were not available any  normal crypto currency user.

Yield Bank Ecosystem :

Yield Bank is utilizing DeFi Futures and Ecosystem. Each transaction made in ecosystem is backed by a rewards and penalty system that is created automatically using algorithms. If selling volume of digital currencies is high the algorithms will stop it almost dead in its tracks and reverse to buying pressure instantly eliminating dumps. The Yield bank strategy is to bring the market these avenues to crypto currency community. Yield Bank is creating an ecosystem that will yield the highest and safest yields any user can achieve. To benefit the users the team of  Yeild Bank offer a native token that allows access their ecosystem. Liquidity provided by YB token is irrevocable through its smart contracts. 

Yield Bank platform :

Yield Bank platform also allows users staking opportunity. With the help of staking users can generate a passive income. when yb token is staked, it will produce rewards of our associated Token yCASH on open markets backed by our liquidity. Users will be earning both yCASH Token as well as yB token.  YCASH token is a deflationary token for yB token. yCASH is also having a higher supply which will share parallel characteristics of the yB token. Token yB represents the key to entire ecosystem of Yield Bank. In simple words users will have the ability to stake, trade, lock-up or swap coins. With an internal AMM, the platform of Yield  Bank will generate, view and print detailed statements of all the user’s transactions of their account.

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Yield Bank has a rewards system that is so absolutely balanced. it will not stop as long as the contract is in existence. By applying small amount of trading fees users are able to keep their rewards system high as well as selling pressure low. The entire system creates equal stability. Staking and vaults provided by Yield Bank will be the highest sustainable yields anyone will find in DeFi. With off-chain vault strategies by tapping into other block-chains and real world markets like Forex and other trading platforms.

More Info About YIELD BANK 

WEBSITE: http://yieldbank.finance/
WHITEPAPER : http://yieldbank.finance/assets/pdf/yb_whitepaper_lite.pdf
TELEGRAM : https://t.me/YieldBank
TWITTER : https://twitter.com/yieldbank
MEDIUM : https://medium.com/@YieldBank

Author

Bitcoin Talk username : mdyakeen

MEW : 0x55BB939B139eCA15908C22F927506C1f1FE36779

Proof Of Authentication : https://bitcointalk.org/index.php?topic=5283622.msg55427426#msg55427426

 

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mdyakeen
mdyakeen

I write about blockchain and digital assets.


CRYPTOCURRENCY/BLOCKCHAIN
CRYPTOCURRENCY/BLOCKCHAIN

Cryptocurrencies use decentralised technology to let users make secure payments and store money without the need to use their name or go through a bank. They run on a distributed public ledger called blockchain, which is a record of all transactions updated and held by cryptocurrency holders.

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