YEARN.FINANCE CASH (YFI CASH)
Twitter:
https://twitter.com/YFI_CASHWHITE PAPER + ROAD MAP
YEARN.FINANCE CASH
yearn.finance cash (YFI CASH) project is in beta testing
Introduction to YFI CASH
These documents are in active development by Yearn.
Yearn Finance Cash is a suite of Decentralized Finance (DeFi) products focused on creating an easy way to generate high risk-adjusted returns for multi-asset investors using best-in-class lending protocols, liquidity pools and community-based crop farming strategies. Ethereum.
Main products
Vaults
Community-developed crop growing robots
yVaults follow a unique strategy designed to maximize the return on the deposited asset and minimize risk.
Earn
Dynamic profitability money markets that serve as the building blocks for yVaults
Earn performs a profit switch for credit providers by autonomously moving your funds between dydx, Aave, Compound.
Zap
A tool that allows users to switch between different stablecoins and a basket of interest-bearing stablecoins (yTokens) or pools (yCRV)
Save on gas fees by moving directly to or from Curve pools from underlying assets.
Cover
YInsure Pooled Insurance provides financial loss coverage for various smart contracts and product offerings signed by Nexus Mutual.
Control
The Yearn ecosystem is controlled by YFI CASH token holders who contribute and vote on proposals that govern the ecosystem. Proposals that meet the quorum requirements (> 20% of tokens participating in the management contract) and generate majority support (> 50% of votes) are implemented by a 9-member multi-signature wallet. Changes must be signed by 6 of the 9 wallet signers in order for them to be implemented. The members of the multi-signature wallet have been selected by YFI CASH holders and are subject to change as a result of future management votes. Please note that this is an independent fork of YFI and is not a copy of YFI. It is a more sophisticated financial system with higher yields. Please note that the supply of tokens is 33,000,000 and the initial price may be high. Only 1,500,000 tokens will be released to the market. The app will be released in October 2020.
In 2021, several more YFI CASH services will be presented, the first of which is YFI CASH Garant, for conducting various risk-free transactions, where settlement will be made only in YFI CASH.
follow the news
and consider the risks again before buying YFI CASH.
Road Map.
1) Launching a new website
2) October 2020 - Deploy the Dapp for staking. Testing.
3) December 2020 Daily Rewards YFI CASH distribution among stakers
4) Q1 2021 Stablecoin launch to provide insurance fund. Minimize the risks of stakers.
5) Q2 2021 Launch of the first decentralized YFI CASH Service YFI CASH GARANT. Service for any risk-free transactions with anything, where the settlement will be only in YFI CASH.
6) Q3 2021 Launch of YFI CASH MARKET hypermarket. It is a decentralized online store with millions of products. It will be possible to buy only with YFI CASH.
7) Q4 2021 Further, the roadmap will be updated.
The project has several directions. listing on the first exchange on October 12, 2020.
©2020 yearn finance cash (YFI CASH)