sumurbor: Yearn.Global | Multi Chain DeFi Platform

INTRODUCTION:

Decentralized Finance (DeFi) refers to digital assets and financial smart contracts that contain applications and protocols built on top of the Ethereum blockchain. DeFi is now one of the fastest growing sectors in crypto. Through smart contracts, DeFi provides an alternative system for financial institutions for the public. It is a global alternative and is open to every financial service you use today - savings, loans, trade, insurance and more - accessible to anyone in the world. The benefits of DeFi over traditional banks include transparency, no permits, flexibility, interoperability, global availability among others.

About Yearn Global:

Yearn.Global project have the real use-case platforms which is the best thing of this project. The trading platform is the most useful part of this project which push Yearn Global to a new height. The company is actively developing and will be able to help hold new promising tournaments, startups receive both financial support and even more users without traditional centralized restrictions! My opinion about the Yearn Global this will be the best in the crypto industry. The project is very promising for solution today and in the future.

Yearn.Global (YG) is a new multiple blockchain Defi Platform. The new Defi platform will support Swap, Farming, & Staking for multiple blockchains like Ethereum, Tron (TRC20), EOS, and other DeFi oriented blockchains. DeFi market is the fastest growing sector within the last six months. Uniswap a pioneer of DeFi services providers, created with the motive of providing liquidity. Uniswap platform is good for developers, it's useful for traders, yet not free from its own flaws. This platform has YG token which is the original token of the Yearn.Global platform. YG Tokens are focused on yield farming and also to improve the ecosystem for Yearn.Global to exchange your Tokens. The Yearn.Global team is working very hard to bring you the best cross-chain DeFi platform. It is our mission to provide the best DeFi platform which will allow our users to Farm, Swap, Stake, or Trade without worrying about the token’s blockchain.

Yield Farming:

Yearn.Global will have 3 major pools for Yield Farming. The liquidity pools are tailored to earn high APY to the farmers. These pools are as follows:

YG Pool;

Users will be able to deposit YG Tokens in this Pool and in return they will be rewarded with high APY and will be awarded with newly minted YG Tokens and xYG Tokens. The total allocation of the pool will be 20% of Total YG emitted during the time period.

YG/ETH Pool;

Liquidity providers to this pool will earn attractive APY & Yield in form of YG Tokens and xYG Tokens. 15% of YG emitted during the time period will be allotted for this Pool.

YG Defi Pool;

Pools will be created for major Defi tokens paired with YG Tokens to provide liquidity to the platform. 15% of the YG will be allocated to YG/DeFi pools.

Vaults:

YG Vaults allow users to deposit various tokens or coins and earn interest on their deposits. Initially the protocol will only support Stable coins such as USDT, DAI, etc. And then other major coins will be added to the vault where by depositing assets high interest rates can be obtained together with YG & xYG Tokens as rewards. The coins or tokens that are currently being considered by the YG Team are as follows:

ERC 20

TRC 20

BEP 20

Exchange:

Yearn.Global will offer our traders and users cross-chain exchange opportunities, to exchange between various tokens. We partner with various liquidity providers and platforms for integration with our platforms to offer our customers a seamless experience.

Dex:

Yearn.Global is trying to get agreements with major cross-chain liquidity providers to offer a decentralized exchange solution. DEX will be available in late December 2020.

Benefits of Staking:

The benefit is that YG Pools are customized to provide users and participants with high Yield and APY. Also to deal with excessive liquidity, Halving and Burn Options will be used and entered into the Master Chef Contract. Early investors will benefit from our liquidity pool of up to 2000% APY which will be halved at regular intervals until it stabilizes around 125% APY. It is being developed in such a way that our early users can benefit from our high APY.

Tokenomics Tokens:

Total Supply: 50,000 YG

Current Supply: 25,000 YG

Token Distribution:

Team: 1500 YG (Locked for 2 years with Finance Team)

Pool Liquidity: 10,000 YG (Locked for 6 Months with Financial Team)

Private Sales: 3600 YG (No Key Periods)

Public Presale: 7875 YG

Marketing: 2025 YG (Including Airdrop and Bounties Token)

Uniswap Listing: 5000 YG

Yield Farming Rewards: 20,000 YG

Roadmap:

I really like the concept of their device inside, real professionals, friendly staff and most importantly the idea with a promising future. This is one of my favorite projects and I think it has tremendous potential for the future. So put the effort into understanding how it expands and contributes now.