Yearn Finance Tech : Yield Farming And DeFi Service
Cryptocurrencies has hold the guarantee of a new native digital asset class without a third party. When a block stores new information it is further added to the blockchain. Blockchain consists of multiple blocks together. Blocks on the blockchain include digital pieces of information. They store information about transactions and other details along with hashid.
Decentralized finance (DeFi) is a form of finance that does not rely on central financial intermediaries such as any governments or banks . Instead it makes use of blockchain technology. DeFi platforms allows to borrow or lend funds or digital assets. DeFi applications endorse certain amount of interest rates. Most of the DeFi platforms make use of decentralized apps, These dapps use a series of smart contracts to maintain transactions, making them more faster, efficient and often affordable as compare to centralized apps. Most importantly no banks are involved in any decentralized transactions.
Blockchain has the prospective to displace many sort of businesses built on transactions, which underlies in every financial service function. Financial operation that has low clearness and limited traceability is vulnerable to disruption by blockchain applications.
Yearn Finance Tech
Yearn Finance Tech is an self-determined FORK from Yearn Finance technology that is built to be reliable, trustworthy, independent and profitable. Yearn Finance is a major sector to various DeFi products. building a portal with more advanced features like crypto gaming, native mobile app, revenue sharing etc. YFIT is similar to YFI that holds the technology of being able to aggregate elements from the technology itself. When users withdraw or deposit the assets, the balance will be allocated to the the highest possible returns.
YFIT is the native token Yearn Finance Teck which is hard fork Yearn Finance. Deposit of YFIT tokens allows users to stake, borrow and vote with digital assets. YFIT also provides a facility of Playing crypto game YFarm Game, which allows users to generate passive income. In game levels or other items can be updated for cryptos. YFIT is a mainly a part of decentralized finance on top of existing smart-contract-enabled cryptocurrencies. This include cryptocurrency lending, borrowing, insurance, Trading, decentralized exchanges and other use cases.
Lend & borrow crypto to earn yield with Yearn Finance. YFITech ensures the maximum ROI by advanced examination through all available earning resources like Balancer, AAVE etc. Also Users can deposit several stable coins such as USDT, TUSD, BUSD, DAI, USDC, sUSD and wBTC. Then, Yearn will be focusing on the DeFi platforms on which they can earn the highest yield. The gaming industry has grown even bigger and blockchain based games are outperforming in the space. YFIT has a strategy card for trading game development in the pipeline, as well as an easy to convert game playing revenue platform.
More Info About Yearn Finance Tech
WEBSITE 1 : https://yearnfinance.tech/
WEBSITE 2 : https://info.yearnfinance.tech/
CROWDSALE WEBSITE : https://crowdsale.yearnfinance.tech/
TWITTER : https://twitter.com/yearn_finance
TELEGRAM : https://t.me/yearnfi
MEDIUM : https://yearnfinance.medium.com/
BOUNTY GROUP : https://t.me/bountychatg
AUTHOR
Bitcointalk Username: mdyakeen
Bitcointalk url: https://bitcointalk.org/index.php?action=profile;u=2205582