What is Yearn Finance DOT (YFDOT) | What is Yearn Finance DOT token | What is YFDOT token

What is Yearn Finance Dot?

Yearn Finance Dot is a powerful DeFi Platform focusing on Staking, farming, Borrow and mortgage. The Yearn Finance Dot platform is powerful enough from a scalability, interoperability, developability and governance perspective to help make the vision of Web3 a reality that aims to get more value for an investment.

What is Yearn Finance Dot mission?

We’re building a transparent, secured, user-friendly, and simple yield farming platform, that would provide opportunity for the yfdot holders to get benets from several platforms provided by Yearn Finance Dot.

Platforms

1. Stake

Stake your YFDOT token, our rewards are very legitimate and competitive! Choose the reward you want and choose the stake time you want! The rewards value obtained ranges from 8% to 10% depending on the selected stake period. Type of stake time: 1. period, for 30 days locked, 8% rewards per month, 10% penalty of the balance stake. 2. periods, for 60 days locked, 9% rewards per month, 12% penalty of the balance stake. 3. periods, for 90 days locked, 10% rewards per month, 14% penalty of the balance stake.

2. Farming

You can get free YFDOT tokens, just by farming on our platform using USDT, USDC, ETH or DAI. The APY value obtained is around 60% (per year). There is no locked and penalty.

3. Barter

An easy and fast way to exchange your balance. We will provide P2P based exchanges on our bartering platform. And we will provide some Coins or Tokens on our bartering platform.

4. Borrow

Loan system with standard processes and competitive costs. The borrow platform uses the KYC standard regulatory system.

5. Mortgage

A pawn system that provides more benets for customers. On the Mortgage Platform, members will get a loan in the form of ETH of 75% of the YFDOT Token price that he pawned. Members have the right to use the loan funds after an approval process and must return them before the predetermined maturity. The YFDOT token that has been pawned will be entered into the Stake system so that it will provide more bents for the member because when he returns the YFDOT token to the member, the user will receive the YFDOT token at the start of making a pawn plus the reward from his YFDOT token stake. However, if the member does not return the ETH loan funds to us after the predetermined maturity, then his YFDOT token will be conscated and fully ours

Token

We have a native token called YFDOT which is currently based on ERC20. This token will be used in the main Yearn Finance Dot ecosystem and have other functions in the future.

YFDOT Info

Ticker : YFDOT

Smartcontract : 0x2e6539edc3b76f1E21B71d214527FAbA875F70F3

Total Supply : 25,000 YFDOT

Ciculating Supply : 7,500 YFDOT

Hardcap : 1,250 ETH

Presale : 7,500 YFDOT at bounce.nance

Uniswap Liquidity: 1,250 YFDOT and equivalent in ETH

• Will burn 3 times, Total Burn 15% of the Total Supply.

• Team tokens amount will be locked for 18 months.

• Stake Pool Allocation will be unlocked when the Staking platform is live.

How and Where to Buy YFDOT?

YFDOT has been listed on a number of crypto exchanges, unlike other main cryptocurrencies, it cannot be directly purchased with fiats money. However, You can still easily buy this coin by first buying Bitcoin, ETH, USDT from any large exchanges and then transfer to the exchange that offers to trade this coin, in this guide article we will walk you through in detail the steps to buy YFDOT

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT)…

We will use Binance Exchange here as it is one of the largest crypto exchanges that accept fiat deposits.

Binance is a popular cryptocurrency exchange which was started in China but then moved their headquarters to the crypto-friendly Island of Malta in the EU. Binance is popular for its crypto to crypto exchange services. Binance exploded onto the scene in the mania of 2017 and has since gone on to become the top crypto exchange in the world.

Once you finished the KYC process. You will be asked to add a payment method. Here you can either choose to provide a credit/debit card or use a bank transfer. You will be charged higher fees when using cards but you will also make an instant purchase. While a bank transfer will be cheaper but slower, depending on the country of your residence.

☞ SIGN UP ON BINANCE

Step by Step Guide : What is Binance | How to Create an account on Binance (Updated 2021)

Next step - Transfer your cryptos to an Altcoin Exchange

Since YFDOT is an altcoin we need to transfer our coins to an exchange that YFDOT can be traded. Below is a list of exchanges that offers to trade YFDOT in various market pairs, head to their websites and register for an account.

Once finished you will then need to make a BTC/ETH/USDT deposit to the exchange from Binance depending on the available market pairs. After the deposit is confirmed you may then purchase YFDOT from the exchange.

Exchange: Uniswap (V2), Hotbit and CoinTiger

Apart from the exchange(s) above, there are a few popular crypto exchanges where they have decent daily trading volumes and a huge user base. This will ensure you will be able to sell your coins at any time and the fees will usually be lower. It is suggested that you also register on these exchanges since once YFDOT gets listed there it will attract a large amount of trading volumes from the users there, that means you will be having some great trading opportunities!

Top exchanges for token-coin trading. Follow instructions and make unlimited money

☞ Binance ☞ Bittrex ☞ Poloniex ☞ Bitfinex ☞ Huobi ☞ MXC ☞ ProBIT ☞ Gate.io ☞ Coinbase

Find more information YFDOT

☞ Website ☞ Explorer ☞ Social Channel ☞ Social Channel 2 ☞ Social Channel 3 ☞ Coinmarketcap

Would you like to earn YFDOT right now! ☞ CLICK HERE

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