Y360.io autocompounding protocol
London, UK, April 01, 2022 (GLOBE NEWSWIRE) — Yield360, a DeFi 2.0 protocol that is launching its commercialized, higher than usual returns on staked investments.
#yield360 #Y360 #Autocompounding #autostaking #StakingRewards #APY #highapy #rewards #BSC #BSCGems #BNB
The advent of DeFi 2.0 has taken the blockchain solutions by storm through completely revolutionizing the investment procedures. A major shift from DeFi 1.0 to DeFi 2.0 is the alteration of focus to low risks and higher yield solutions.
Yield360 has also taken its part through introducing a product that can provide a constant stream of returns throughout the day. The Y360 protocol offers a return on investment after every 13 minutes, which is 110.76 times in a day, and 39,433 time a year; totaling a fixed APY of whooping 360,000%
Through the use of its Y360 insurance fund YIF, Yield360 has made it possible for its users to earn these higher aforementioned returns simply through holding $Y360 in their wallets. The protocol fully comprises of following features
The $Y360 is a native token on the protocol which also serves as the network’s native currency. All rebase interests are paid in $Y360 token along with many other utilities of this token.
Protocol Governance:
- $Y360 also provides the facility of protocol governance.
$Y360 Insurance YIF:
- Y360.io provides a safer token structure with the Yield 360 insurance fund. The Yield 360 Insurance Fund holds 1.5% of all trading fees, which helps to sustain and back the staking rewards by maintaining price stability and greatly reducing downside risk.
Automated safe staking strategy:
- The $Y360 token is always kept in your wallet, so it is never given to a third party or centralised authority. All you have to do is buy and hold because you will automatically receive rewards in your own wallet, eliminating the need for any complicated staking processes. Through the automation of the entire procedure, all rewards from the staking pool are automatically transferred to your wallet.
High APY:
- Y360.io pays 360,000% APY. The distribution of all rewards are followed by an automated process so no user misses any payment.
Auto-compounding protocol:
- The auto-compounding protocol of Y360.io pays users every 10 minutes in a day, making a total of 144 payments in a day. This figure makes Y360.io the fastest auto-compounding protocol on the network.
To support its price and rebase rewards, the Y360 employs a complex set of factors. It includes the $Y360 Insurance Fund (YIF), which acts as an insurance fund to ensure the Yield 360 Protocol’s price stability and long-term viability by maintaining a consistent 0.0205 percent rebase rate paid to all $Yield360 token holders every 13 minutes.
Using a Positive Rebase formula, Y360 allows token distribution to be paid directly proportional to epoch rebase
rewards, worth 0.0205 percent of the total amount of $Y360 tokens held in your wallet every 13 minutes’ epoch period. The rebase rewards are distributed to all $Y360 holders on each EPOCH (13 minute rebase period). There are a total 39,433 EPOCH in a year.
The daily compounding rate is not linear, but exponential. For example, if you invest $1 for 1 year, you will have 194,467 $Y360.
All of these elements have been coordinated by the Yield360.io development team so that they work seamlessly behind the scenes. As a result, $Y360 holders now have a simple and elegant staking and rewards system.
Lastly, Yield360 is highly different from other protocols with similar features or Olympus DAO forks, Safuu and titano. To read about an in-depth analysis of Yield360 difference from other protocols, read here: Yield360.io
$Y360 Successfully passed SolidProof Audit
SolidProof evaluates if there are possible security errors in the $ Y360 contract, and if there are errors in the contract report is attached, they described in a report what presents critical, medium and low risks, Solidproof external audit gives us a chance to improve the investment security of the entire community in the next presale of Yield360.
Final results and audit report
About SolidProof:
Solid Proof was founded as a community driven company and they want to thank our community for being so supportive! Solidproof is Security Audits, DeFi Trust Made in Germany.
Solid proof social media
- Group: https://t.me/solidproof
- Twitter: https://twitter.com/solidproof_io
- Facebook: https://www.facebook.com/solidproof.io
Self-composition protocol:
The Y360.io autocompounding protocol pays users every 10 minutes a day, making a total of 144 payments in one day. This figure makes Y360.io the fastest autocompounding protocol on the network.
To support its price and reassign rewards, the Y360 employs a complex set of factors. Includes the $ Y360 Insurance Fund (YIF), which acts as an insurance fund to ensure Yield 360 protocol price stability and long-term viability by maintaining a constant 0.0205% rebase rate paid to all $ token holders Yield360 every 13 minutes.
Using a positive rebase formula, Y360 allows you to pay the token distribution directly in proportion to the era rebase rewards, worth 0.0205 percent of the total amount of $ Y360 tokens held in your wallet each 13-minute period. Rebase prizes are distributed to all holders of $ Y360 in each EPOCH (13 minute rebase period). There are a total of 39,433 EPOCHs in one year.
The daily compounding rate is not linear, but exponential. For example, if you invest $ 1 for 1 year, you will have $ Y360 194,467.
All of these elements have been coordinated by the Yield360.io development team so that they work flawlessly behind the scenes. As a result, $ Y360 holders now have a simple and elegant betting and rewards system.
Finally, Yield360 is very different from other protocols with similar characteristics or Olympus DAO, Safuu and Titan forks. To read an in-depth analysis of how Yield360 differs from other protocols, read here: Yield360.io
Performance 360 Mission and Vision
Yield 360 made sure to have a team on board that shares similar values as we do to produce the best output for the user base. The company aims to provide the best user experience. A fast, reliable and easy-to-use platform that offers first-rate financial opportunities to manage funds intelligently, while also making it an easy-to-use platform. $ Y360 aims to make this platform a decentralized automated staking protocol. This provides a seamless experience for gullible users. Our team members have put blood and sweat into this project to give it the existence it has now just for convenience. The team will continue to make progress on our platform based on feedback, requests and requirements. The Yield360 platform only started with BNB and with future advancements, $ Y360 aims to add more blockchain options to choose from to provide versatility in this platform. Additionally, the team encourages extensive experimentation on our platform to get the best out of our Y360. To learn more, visit our website to learn about the technical aspects of this project on our whitepaper.
Yield360 is a DeFi development company that designs next-generation DeFi 2.0 solutions, in an attempt to improvise the staking module, with its Yield 360 auto staking protocol. The company's main product is the $ Y360 token, with proposals for extraordinary value for the benefit of token holders.
For info Social media
Website: https://yield360.io/
Whitepaper: https://yield360.io/whitepaper.pdf
Medium: https://yield360.medium.com/
Github: https://github.com/Yield360/
Telegram: https://t.me/yield360
Telegram: https://discord.gg/w6utZfyUXr
Twitter: https://twitter.com/yield360
Facebook: https://www.facebook.com/Yield360
YouTube: https://www.youtube.com/channel/UCMDpz2BYaUqSXesPVW_HNwA
Reddit: https://www.reddit.com/r/Yield_360/
Author:
Bitcointalk Unsername: Gusbaa
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=3345911;sa=summary
Telegram Unsername: @Bagusgusba
BEP-20 Address: 0xbBD5245f047E5E1dE23BA11E0c40666aC3C6dfcb