YieldBank: Defi Protocol Providing User Profit Potential & Enhanced Defi Services

in #blockchain4 years ago (edited)

OVERVIEW & ABOUT YIELDBANK:

Graphic1.JPG

Today I am excited to introduce to you a very important and significant project in the blockchain space with a broad objective to entrench some of the most outstanding, secure, hugely gainful, and sustainable investment and yield farming trading infrastructure.
I am excited because YieldBank is bringing putting in place a result and solution-oriented architecture in the decentralized finance environment. With a vastly experienced and technically savvy team, the project has been designed in such a way that YieldBank is poised to give out its own locally internal token that will serve as the regulatory tool in the area of providing an opportunity for participants to have an unlimited right of entry to the entire features inherent in the platform.
The interesting and ideological st5rategy of the team is the introduction of something symbolic where the platform was designed to offer two diverse types of the deflationary token. This is in addition to a collection of well-orchestrated features embedded to sustainably provide solutions.
The Yieldbank design has its specifics to allow the platform to seamlessly offer liquidity level otherwise referred to as LL through the instrumentality of its smart contract. Basically, this has its advantages as it will bring about frontiers to maintaining market price stability, enhancing as well as the sustainability of the marketplace strength and significance. There will also be a window for participants of the platform to seamlessly stake their YieldBank token with an opportunity to attract to yourself interest in mind-blowing (ycash) token form, making available also opportunities for users to make passive income in the area of Liquidity Provider that agrees to lock their liquidity considerably in long term among others.

INNOVATIVE AND RESULT-ORIENTED YIELDBANK FEATURES:

YieldBank 1.png

Let me take you to a more interesting aspect of this project that will melt your heart about the project which the inherent fundamental features
Staking: This is an efficient feature of the platform whereby a cross-section of holders of the yB tokens will be armed with the possibility to stake on the YieldBank infrastructure To get a better understanding of the staking process, should the utilizers provide IL liquidity, the LP token received shall now be positioned directly on the platform with a view for them to get yB token rewards. In other, as you proceed with placing bets aboard the yB framework, you will have the privy to operate on two different reward systems and experience. This is a very distinct feature of the platform never before seen in the decentralized finance platforms.

**yGas Saver and Automatic Combination: This is another dynamic feature that has set the YieldBank infrastructure apart, the yGas saver and auto-compounding is a strategic framework that combines multi-faceted transaction step into a seamless one-click alternative. This option helps to save users aboard gas usage. The platform has been conceptualized in such a way that participants are giving the opportunity to exchange tokens devoid of having to depart from the Yieldbank internal framework. It also increases liquidity in the cross-section of pools and advances all returned LP tokens on the go at one connection.

**Arbitrage: A look at the cross-section of defi platforms, leaves an exciting knowledge that the initiators of the YielBank infrastructure know their onion as YieldBank has a huge financial background that makes them understand the market dynamics and the processes of marketing it to the global audience and deliver it professionally.
User Interface: According to trusted experts in the blockchain space, the YieldBank revolutionary infrastructure is dynamic on all fronts. Considering the path they have taken, they were able to research all the acclaimed top-of-the-bill decentralized protocol infrastructures globally and have found out that they have gluts of deficiencies in design and are extremely complex in functionality and usage and this is if not tackled can affect the wide adoption. Hence the YieldBank team has conceptualized a thriving and enriching user interface and design that is secure, with fewer complexities. YieldBank will provide the users with an exciting and satisfying UI experience never before seen.

**Vaults; Take an in-depth analysis of the Yieldbank vaults, there is a cross-section of algorithms that can seamlessly transfer funds to assets with a phenomenal performance in real-time. Remarkably, as the asset begins to perform below expectations, it will once again move you automatically to the next asset threshold that is favorable.

**Personal Account Ownership: The YieldBank infrastructure has built a database layer aboard the Ethereum network,, basically every ETH address that has propriety of yB would be seamlessly assigned an account number and of course this is distinctive and has a link to ETH address in the Yieldbank database therein.
The Imperatives Of Peoples’ Fund: Taking a look at the imperatives of peoples’ fund, it is decipherable that YielBank is bringing a new wind of change to the decentralized ecosystem as it is pioneering the advent of rewards for stakeholders and propriety owners via the instrumentality of the Personal fund therein.

**401K Set: It is imperative to say that part of the cardinal objective of iYield is centered on providing the best returns that are not just sustainable but also long term and secure for any user to save for the foreseeable future. The initiators have so conceptualized the internal interface so much that data that has been collected will play a significant role in assisting to develop a 401K strategy and open opportunities for long-term benefits for the cross-section of participants future among others.

**yCASH Token Economy:

Yield Bank 2.png

Basically, the yCash token has been modeled as a deflationary token, however, it has a caveat as a monumentally higher supply template. As a key regulator of the YieldBank ecosystem, it possesses some similar inherent qualities with the dynamic yB token including that of its ILL liquidity kind. The yCash token is expected to entrench new frontiers and marketplace sold tokens and rewards for the staking of yB tokens. Another interesting thing about the yCash token is the threshold of MDI propriety and its template of coding capacities conceptualized to refuse given in to what we know as pressure associated with selling. Similarly, there is an internal propriety coded system conceptualized to also enhance and make better the processes of the buyback as well as to trim down to the barest minimal issues of pressure to sell. In all this, the yCash as attainable in platforms of this nature will be the regulatory and incentive token and provides far-reaching support for selling pressure reduction, including support for its yB token. The Cash comes with quite a lot of potentials and exponential rewards that have been attracting rave rewards from trusted experts in the decentralized finance ecosystem.

**Conclusion:
YIELDBANK7.png

I have watched with rapt attention the continuous and sustainable rise of the YieldBank project and have come to the conclusion that this is the future of the decentralized finance ecosystem with better design, efficient, and effective inherent tools that have never been seen in the defi space. The reward system that is double edge and deflationary is an aspect of this project and I have huge confidence it will continue to bridge the gap and open new frontiers of opportunity.

For More Information on YieldBank Resource, click on the Links Below:

Website: https://yieldbank.finance
Whitepaper: http://yieldbank.finance/mt-content/transfers/2020/10/yb_whitepaper_lite.pdf
Twitter: https://twitter.com/yieldbank
Medium: https://medium.com/@YieldBank
Telegram: https://t.me/yieldbank
Telegram Announcement channel: https://t.me/YielBankAnnouncement
Discord: https://discord.gg./4DrKFzJ

Bitcointalk Username: TheICE007
Profile link: https://bitcointalk.org/index.php?action=profile;u=264068

POA: https://bitcointalk.org/index.php?topic=5283622.msg55626153#msg55626153

Coin Marketplace

STEEM 0.20
TRX 0.12
JST 0.028
BTC 64078.16
ETH 3471.05
USDT 1.00
SBD 2.52