EIFI and YFIS Finance - One Clone, One Fork and Two Airdrops!


EIFI and YFIS Finance - Info About The Projects and Two Airdrops You Don't Want To Miss

 

The Clone and The Fork

So, first out did we have YFIN a fork of Year.Finance with it's airdrop still going on (I have had it linked in the end of all articles). Now do we have EIFI which I first thought was a fork of the all leading Yearn.Finance as YFIN but my research has shown otherwise, it's just simply a clone, both to the much similar name and features of the project. Next up do we have YFIS Finance which is a fork of Yearn.Finance. One important thing to mention is that YFIS is on Ethereum blockchain and EIFI is on Binance Smart Chain (BSC), now lets proceed.

 

Two Very Similar Platforms But Yet Unalike

YFIS and EIFI is much alike each other or in right terms much alike Yearn.Finance when it comes to the name but EIFI will have much more features against YFIS but YFIS will offer other features EIFI won't have. To make the overview of the features the platforms will offer as simply as possible look below. 

YFIS:

-  YFIswap (Swap Tokens)

- Liquidity Mining

- Yield Farming

- Staking

- Will Have It's Own Mobile App

 

EIFI:

-  Cross-chain AMM Dex Platform (EIFISwap and Margin Trading)

- Layer 2 EIFI Swap (Transactions Via EIFI Mask) - Trade Shares From EIFIswap Vaults Cross-chain With No Friction Or Paying ETH Gas

- Lending & Borrowing

- Initial DEX Offering (IDO)

- Yield Farming

- Staking

- NFT Marketplace

- Crypto Index Protocol (Underlying Assets Is Bought To Support The Index, Which You Can Stake and Earn EIFI Tokens)

- EIFI's Own Bridge Between BSC and ETH (Layer 2 (Polygon) and Other Chains Will Be Included Later)

 

As you see, will probably EIFI.Finance be BSC's Yearn.Finance if they succeed and gains a good momentum of followers which seems to be really happening if we look at the price of the EIFI token which rose above the clouds. But as we know in DeFi many things can go wrong smart contract exploits, bugs, Whales can destroy token price (as Iron Finance), greater competition elsewhere both in and cross-chain and much more. But all signals for now suggests that EIFI will succeed greatly. 

YFIS have not got that much of attention, it could be that YFIN came first or at least before YFIS or that YFIS haven't just advertised so much about it's project and fork from Yearn.Finance or simply both, who really knows. I think that YFIS don't get so much attention because of the fact that there is already a Yearn.Finance on ETH and another fork with greater attention released before (I'm talking about YFIN) the market is already saturated on that chain. EIFI's attention is because of the fact that BSC has no real Yearn.Finance accept maybe YFUNI, but YFUNI didn't get this kind of attention and momentum like EIFI. BSC is not saturated like ETH yet and a Yearn.Finance clone is more than welcomed by users of BSC. 

Remember this is just my thoughts and speculations and by no means the correct answers to this. I'm at least interested in what both projects can really offer when it comes to play. 

 

The Misleading Of EIFI (EYFI)

First was the name EYFI of the project and now EIFI and when you Google both by itself you get both a EYFI.Finance and a EIFI.Finance both is redirecting you to the same website namely EIFI.Finance. There is also two tokens EIFI Token and EYFI Token when you Google both separately you get a match of EYFI Token on CoinGecko  and EIFI Token on CoinGecko both links are redirecting you to the same token namely the EIFI Token. 

The first token to be airdropped was the EYFI Token, I was in that airdrop and got five EYFI Tokens. A few days ago I woke up and went into my Trust wallet and see these five tokens be worth a little over $500, well awesome I thought of course. I'm always kinda suspicious of me so I go to PancakeSwap and took a look if I could swap this tokens well I could for like $1, what a surprise although in Trust wallet the EYFI Tokens are worth just over $500.

The first airdrop of the EYFI Token was just to get attention to the project and misleading it's audience it's fishy and just wrong. For me after this the trust for EIFI is not that great and that tells a lot of the people behind the project can you bring attention this way, what can you possibly do more for money? , for me that's a fair question to ask. 

This article was not so much about YFIS but there is not much to tell about this fork, 95% of all using DeFi knows Yearn.Finance and how they work and this fork is well just a fork let's put it that way.

 

However Let's Collect The Airdrop of the Misleading Clone and YFIS.Finance!

I would be happy if you used my referral links to the airdrops and support my writing here (Thank You!). 

YFIS airdrop: This airdrop is very simple just insert your ERC20 (ETH adress) to join and you get 0,1 YFIS (The value of YFIS: 100 YFIS = 1 ETH). You can claim a maximum of two YFIS and every referral gives you 0,1 YFIS. Click HERE to proceed to the airdrop. Remember to withdraw you YFIS token/s 30th July. 

EIFI airdrop: In this airdrop do you need to register, don't worry it's no complicated register and goes fast. You get 0,5 EIFI from the airdrop to get verified for the airdrop you have to follow their Twitter and Telegram chat/channel, this step will you see after the registration is finished. You can invite more and for every verified invite do you get 0,5 EIFI. The price of one EIFI NOW is $103 and unknown when airdrop is distributed. The distribution of the airdrop is automatic. 

Click HERE to proceed to EIFI airdrop for registration.

 

 

As always thank you for reading and all support!

 

 


 

 

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RalleCrypto
RalleCrypto

Investor, Crypto fanatic, dApps Explorer! But my deepest passion: How to earn crypto from nothing! Updates on projects were you an acquire crypto for free! https://twitter.com/rasmusa57079202 https://medium.com/@anderssonrasmus86


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