Yield 360 - First 2.0 Asset Multiplication Protocol Developed on Binance Chain

in #crypto • 2 years ago (edited)

Hello everyone... Here I will inform you by writing a review to introduce a very unique new project called Yield 360, so for that, have a look at the article I created. create below to give you a very good idea of the project, then What benefits do they provide to everyone? Let's go straight to the discussion below.

Introduction

Cryptocurrency is a digital payment system that does not rely on banks to verify transactions. It is a peer-to-peer system that allows anyone anywhere to send and receive payments. Instead of being physical money that is carried around and exchanged in the real world, cryptocurrency payments exist purely as digital entries into online databases describing specific transactions. When you transfer cryptocurrency funds, the transaction is recorded in a public ledger. Cryptocurrencies are stored in digital wallets.

The cryptocurrency received its name because it uses encryption to verify transactions. This means advanced coding is involved in storing and transmitting cryptocurrency data between wallets and to the public ledger. The purpose of encryption is to provide security and safety. The first cryptocurrency was Bitcoin, which was founded in 2009 and remains the most recognized today. Much of the interest in cryptocurrencies is trading for profit, with speculators sometimes pushing prices into the sky.

What is Yield 360?

Yield360.io is a decentralized financial asset that gives its users a 0.0206 percent increase in their assets every 13 minutes. The Y360 reward generation protocol is a one-of-a-kind protocol that has advanced profit generation. Every 13 minutes, the Y360 rewarding protocol continues to generate and distributes a 0.0206 percent reward to all active users. RFI properties are provided by the protocol. This protocol includes innovative technologies and features that other forks do not have. It is purpose-built to be automated and convenient.

Users of Y360 can earn this exquisite return rate simply by buying and holding Yield360's native token $Y360; which they can simply buy from pancakeswap and hold them in their MetaMask wallet. The protocol will generate and distribute rewards automatically.

Yield 360 Features

  • Rebase tokenomics: Yield360.io rebase tokenomics Yield360.io uses a complex set of factors to support its price and rebase rewards. It includes the (YIF), which acts as an insurance fund to ensure the price stability and long-term viability of the Y360 Protocol by maintaining a consistent 0.0206 percent rebase rate paid to all $Y360 token holders every 13 minutes.

  • Safe simple staking: The Y360 tokens are always kept in your wallet and do not need to be staked in the high-risk staking contract. All you have to do is buy and hold it, and it will automatically multiply rewards in your wallet, eliminating the need to learn about the stake/unstake mechanism and avoiding an additional tax fee on staking operations.

  • Insurance fund: The $Y360 Insurance Fund, acronym of YIF, is an independent wallet in the YAP system of Y360. The YIF is funded by a fraction of the buy and sell trading fees racked up in the YIF wallet and employs an algorithm that underpins the Rebase Rewards. Put simply, the YIF parameter endorses the staking rewards (rebase rewards) that are distributed every 13 minutes at a rate of 0.0206 percent, guaranteeing $Y360 token holders a high and stable interest rate.

  • Reduction of risk associated with downside: Ensuring long term growth continuity by maintaining constant growth levels Ensuring price stability through rebase strategy.

  • Fire pit: The fire pit consumes approximately 1.5 percent of all $Y360 traded. The quanity of burned token is directly proportional to the circulating supply, the more that is traded, the more that is added to the fire, having caused the fire pit to grow in size through self-fulfilling Auto-Compounding, reducing the circulating supply and keeping the Y360 protocol stable.

  • Auto-liquidity management protocol: Liquidity can be viewed as a large pool of money divided in half between $Y360 and $BNB tokens. There is a conversion ratio set to the amount of $Y360 available through BNB, for example: 1 BNB is equal to 36.44 Y360.

  • Yield 360 Treasury: The Treasury is critical to the Y360 YAP protocol. It serves three important components for Y360.io's growth and long-term viability. The treasury is another source of funding for the YIF. This extra assistance could be useful if the price of the $Y360 token falls dramatically. It contributes to the formation of a $Y360 token floor price.

  • APY Formulation: The Y360.io protocol is based on a simple daily-interest compounding formulation. Where A represents the future value of your investment P denotes the primary investment. r is the decimal interest rate, and n is the number of times interest has been compounded in the given time. t denotes the total time required for investment maturity. It is important to note that rate r and time t must be expressed in the same time units, such as months or years. Based on a 365-day year, time conversions are 30.4167 days per month and 91.2501 days per quarter. A year has 360 days, with 30 days per month and 90 days per quarter. In this case, suppose the user invests $1000 worth $Y360 for a year at 0.0206 percent compounding every 13 minutes, he will eventually have whooping $360,000,000 after the maturity of his investment.

What differentiates Y360 from other auto-staking protocols

The Yield360 is an automated reward generation and distribution protocol with an estimated interest rate of 0.0205% in a time stamp of 13 minutes.

The protocol provides automation through its exclusive Yield360 automation protocol YALE, Y360 treasury fund YIF, and deflationary tokenomics that functions simply through the phenomenon of buy-hold-earn.

What is auto-staking

The auto-staking mechanism work through the automation of re-investment process of staked rewards. To break it down, staking is a reward generation process in crypto, which allows crypto asset holders to lock (invest) their assets in a worthy pool that will in turn provide them with return for their locked funds. Hence, both parties earn through a mutual WIN-WIN partnership.

Nevertheless, investment and re-investment of crypto assets in a suitable staking pool is a nerve wrecking process. Admittedly, it can take up to a day or longer worth of research to find that staking pool, once found, it is coupled with hefty transaction fees that drench the essence out of the entire staking process. That’s where auto-staking comes into the picture.

As the name refers, auto-staking is the automation of reinvestment process. By default, an auto-staking protocol is built on the ground of auto-compounding, the correlation of both is so significant that in many literary documents, the two terms are used interchangeably.

Hence forth, an auto-staking protocol has a fair tendency of offering exponential returns to its users. The Yale360 is thus capable of backing its highest fixed APY of 360,000%

Difference between staking and auto-staking

The primary difference between classic staking and automated staking, is the set of operations performed in each staking protocol. The former typically entails a lengthy manual procedure that involves a series of time-consuming steps in order to stake one’s funds. The most frustratingly complex step among all the hustling steps to be followed is to find the right staking pool based on one’s preferences; this can be demotivating due to the vast number of options available on the internet, all of which are similar in one way or another, ultimately confusing a beginner.

Here is a stark distinction between the two:

  • Standard staking is carried out manually, whereas auto-staking is executed by smart contracts.
  • The standard staking technique has multiple steps, whereas auto-staking has a single step of activating a stake, which is then captured by the smart contract.
  • Standard staking provides linear returns, whereas auto-staking provides exponential returns.
  • Standard staking provides a fixed APY, whereas auto-staking provides a rate or percentage APY that increases over time.
  • Standard staking is advantageous in the short term, but auto-staking provides the best long-term returns.

Competitive edge of Yield360

The Yield 360 is an autonomous asset compounding protocol that derives its $Y360 token value independently from market. The protocol stands out in the market due to its up-to-date inherent features of insurance fund (YIF), treasury, YALE, and deflationary tokenomics in the fire pit. Above all, although constantly regulating the token circulation, Y360 maintains its position in the market with solid tokenomics and evolving existence on BSC and other systems.

In addition to inherent features, Y360 has a new feature, cross-chain bridge for connecting this protocol with other on different systems. The cross-chain bridge on Yield 360 protocol is an attempt to connect EVM compatible system like Polygon, Avanax, and Ethereum to Yield 360 on BSC. In this way, users from the aforementioned blockchains will be able to utilise services on Y360

Another functions that differentiate Yield360, while providing a strong competitive edge is it incentive module which has recently added a Referral program. The program follows as users refer Y360 to their friends. Upon using a referral lead, both the referrer and referee with be benefited by bonus.

Comparison with Titano

  • Titano offers a fixed APY of 102,483.52%, whereas Y360 offers a fixed APY of 360,000%

  • Titano propose a daily rate on investment of 1.8666%. On the contrary, Y360 offer a daily compounding of 110.76 times.

Hence, all of these aforementioned propositions supports Y360 supremacy over its counter protocols.

Yield 360 token

Yield360 is the single most relaible protocol for asset auto-staking. The $Y360 is has multiple properties that it drives value from.

Fair Launch Sale

The Fair Launch PinkSale link will be April 5th, 15:00 UTC Time.

THIS IS THE OFFICIAL PINKSALE LINK:

We will follow a Fair Launch and comply to Fair Launch Rules where everyone will be able to acquire $Y360 tokens in an equal way on the PinkSale platform using BNB.

Fair Launch

  • Whitelist: There is no whitelisting required. Everybody will have an equal chance to buy $Y360 on PinkSale at release time. First come, first serve. One good new for our participants is that there is no hardcap, however once our soft cap is reached, there will be no further available investment at the fair Launch rate. The only way to buy $Y360 will be on PankcakeSwap upon public market release via the $Y360/BNB pair.

  • PancakeSwap Listing: After initial fair Launch funding has completed we will go to market by creating the $Y360/BNB liquidity pair within 24 hours.

Pre-Launch funds will be used to create the PancakeSwap $Y360/BNB liquidity pair.
This liquidity will be locked for 36 years via trusted PinkLock.

$Yield 24 Tokenomics

  • Initial Supply: 360,000
  • Max Supply: 3,600,000,000

Available to Purchase on PinkSale Pre-Launch -
Tokens for Liquidity -

  • Token Breakdown: 254,988 will be used for PancakeSwap to match 51% liquidity and remaining 32,105 will be used for marketing inc:
    Bounty Campaign (27,500), Airdrop (10500), CEX Listing (72721).

PinkSale Pre-Launch

PinkSale Fair-Launch Price: 1 BNB = ? as there is no hardcap so as long as more participates coming tokens against BNB respectively decreased.

Soft Cap: BNB
Hard Cap: no limit
(If softcap hit participants must have to wait for fairlaunch to ends then market will be initialized and listing on pancakeswap).

Minimum Purchase: 0.1 BNB
Maximum Purchase: no limit

PancakeSwap Launch

  • PancakeSwap Launch Price: its fair launch same price on pcs listing.

  • Initial Market Cap (Estimate): Depends on total raised funds (estimated $800k)

  • NO EXTRA MINT OR HIDDEN TOKENS: The $Y360 smart contract has NO ability to mint extra tokens nor can the supply be manually increased or used in an artificial way to change the initial supply by awarding ourselves free tokens. The initial supply is 360,000 tokens only.

  • NO RUG PULL: Liquidity will be locked for 360 years via Pinklock which cannot be touched or released early. (This means that you as a token holder will ALWAYS have the freedom to buy/sell whenever you like without restrictions or complications - the tokens that you buy are yours and remain in your wallet always and are never get 'locked').

  • NO BOTS: All front run and sniper bots will be instantly blocked by the $Y360 smart contract by the Pinksale Antibot feature. Our smart contract cannot block normal wallets, only blocks contracts which bots usually use.

Y360 token breakdown

The Y360 buy and sell fees make up a significant portion of the YAP. They provide capital for the protocol's critical functions. Other protocols, such as ours, sell bonds to support the same functions as Yield 360 fees; however, we believe that approach is riskier because if bonds are not sold, the token may lose support and spiral downward in price, as we have seen with several of these bond-based protocols. Furthermore, selling bonds costs token holders money. It reduces the amount of APY available and eradicates the ability to offer a stable APY. Because of the fees (6 percent for buys and 8% for sells), Y360 is able to provide $Y360 holders with the stable APY of 360,000% annually.

Buy 8%
LP 3
YIF 1.5
Treasury 3
Firepit 1.5

Sell 10%
LP 3
YIF 1.5
Treasury 5
Firepit 1.5

Placement

  • LP: Trading fees goes to backing the liquidity of the BNB/Y360 pair on PancakeSwap ensuring an ever-increasing collateral value of $Y360.

  • YIF: Trading fees are stored in the Yield360 Insurance Fund which helps sustain and back the staking rewards provided by the positive rebase.

  • Treasury: Trading fees go directly to the treasury which supports the YIF and provides a marketing budget for Y360 and funds new product development.

  • Burning Pit: 3% of all $Y360 traded are burnt in the Burning Pit. The more that is traded, the more get put into the fire causing the burning pit to grow in size, more and more through self fulfilling auto-compounding which in return acts to reduce the circulating supply of $Y360 and keeping the Yield 360 protocol stable.

Yield360 Roadmap

✅ Website Development
✅ Whitepaper Documentation
✅ Build Phase - Smart Contract
✅ Build Phase - dApp V1 Dashboard
✅ Deployment Phase - Smart Contract - Testnet
✅ Solidity Finance Audit
✅ Deployment Phase - Smart Contract Deployment - Mainnet
✅ Deployment Phase - dApp V1 Dashboard
✅ Initiate and Promote Discord Community
✅ PR Marketing
✅ Bounty Campaign
✅ Pre-Launch Marketing
✅ Fair Launch on PinkSale
✅ PinkLock Liquidity Locked 360 years
✅ Twitter Marketing Campaign
✅ YouTube Influencers and Marketing Campaign
🎯 CoinMarketCap Listing
🎯 CoinGecko Listing
🎯 Certik Application
🎯 Certik Listing
🎯 Certik KYC
🎯 Certik Audit
✅ DappRadar Listing
✅ Airdrop Campaign
✅ SEO
🎯 5,000 Token Holders
🎯 10,000 Token Holders
🎯 15,000 Token Holders
🎯 20,000 Token Holders
🎯 50,000 Token Holders
🎯 100,000 Token Holders
🎯 Build Phase - dApp V2 Dashboard
🎯 Deployment Phase - dApp V2 Dashboard
🎯 On Ramp Integration
🎯 Cross-Chain Integration
🎯 Partnerships
🎯 Development Mobile Application iOS and Android
🎯 Launch Alpha Version Mobile Application iOS and Android
🎯 DAO
🎯 Merchandising
🎯 NFT Collections

Contact Information

Author: dey90
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=731808
BSC Wallet Address: 0x5c582DE6968264f1865C63DD72f0904bE8e3dA4a

#yield360 #y360 #autocompounding #autostaking #stakingrewards #bsc
2 years ago in #crypto by
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