Author: [PRESS RELEASE – Please Read Disclaimer]
YFDAI has secured significant liquidity from its live trading on ProBIt Exchange for accelerated adoption of its immensely disruptive De-Fi platform retrofitted with a De-Fi accelerator, DEX, and multiple liquidity pools.
Fully audited by reputable auditing firm Blockchain Consilium, YFDAI’s permissionless DeFi ecosystem features a time lock feature to lock tokens and liquidity which helps provide transparency and credibility in a space inundated by rug pulls and scams reminiscent of the ICO boom. This key token lock feature also applies to the entire teams’ token holdings until 2021 with a periodic release mechanism.
The YFDAI Launchpad serves as an accelerator to provide pre-sale token fundraising opportunities with protocols to lock up any raised funds while the team strategizes the overall tokenomics based on the specific features and utility of each token alongside full advisory services. All Launchpad projects fulfilling due diligence measures and stringent requirements also receive enhanced exposure through partner DuckDao’s decentralized incubator and extensive early-investor capital along with access to liquidity via YFDAI’s Safeswap DEX.
YFDAI stakers can earn 72% annualized rewards and additional revenue sharing incentives across SafeSwap, SafePredict, and other features, while long term stakers can capitalize on the staking multiplier to generate up to 1.75X rewards. All holders also gain full governance rights to dictate the future tokenomics and allocation of revenue generated by YFDAI.
The initial YFDAI liquidity pool will be available until all 1,455 YFDAI yield farming rewards are exhausted with liquidity pools based on Launchpad-featured tokens expected to be unveiled. Ferrum network’s liquidity staking feature will help sustain liquidity pools including YFDAI by enabling stakers to earn various tokens as their network of partnerships grows.
The deflationary YFDAI token features a buyback and burn policy until the total supply of 21,000 YFDAI is reduced to 13,950 and the team’s core alignment of revenue-generating features and staking incentives serves to fully democratize earning potential for all participants.
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