Staking tokens and rewards

Yfi2.club
3 min readJan 20, 2021

Our protocol allows impatient users to bet on YFI2C to obtain a return on investment (ROI) of 0.2% per day or 1.40% per week, or 6% per month or even 73% per year on the total amount of their stake. Another even more favorable option : Our protocol also allows more patient users to bet on YFI2C to obtain a better return on investment (ROI) of 1% per day or 7% per week, or 30% per month or even, 365% per year on the total amount of their stake.

Finally, the ultimate option, true holders can bet on YFI2C to obtain the TOP return on investment (ROI) of 2% per day or 14% per week, or 60% per month or even, 730% per year on the total amount of their stake.

There is no other high yielding farm pool that delivers a higher yield ! In addition, these rewards are initial and generally decrease over time. This happens due to an increase in token circulation due to the strike (resulting in degradation of existing tokens).

Considering this, many of these platforms are usually only making 40–45% per year (net). By using YFI2C, users will have access to a fixed rate of return on their participation in the YFI2C token. These guaranteed returns are supported and provided against the YFI2C tokenomics. At most, there can be 5000 YFI2C tokens as there is no provision in the contract that allows more tokens to be struck.

Please note that 1,450 tokens out of a total of 5,000 will be stored in 3 different contracts, which include staking rewards namely: 950 tokens in the Staking Pool which offers a gain of 0.2% / day, 250 tokens in the Staking Pool which offers a gain of 1% / day, and 250 tokens in the Staking Pool which offers a gain of 2% / day.(this amount is calculated to cover the operational cost of the first year).

These funds are intended to be returned over time from the costs generated by the platform. When new features are added, charges are generated. This is what makes the rewards lasting over a period of time.

YFI2C is a simple and elegant protocol that only requires 72 hours (3 days) locking for a yield of 0,2% per day, or 240 hours (10 days) for a yield of 1% per day, or another 720 hours (30 days) for a yield of 2% per day and which begins at the time of staking. The user is allowed to withdraw tokens at any time after the locking period (with interest). While interest can be withdrawn at no additional cost, tokens are staked in the platform so users are encouraged to continue wagering their tokens.

Staked tokens are also intended to reduce the accessible supply of circulating tokens. This, in turn, drives up the price of the token in terms of both supply and demand metrics.

Let’s see how the staking mechanism works:

Fixed fees:

  1. Stake entry fee: 1.5% (used for YFI2C buyback and burn)
  2. Un-stake fee: 0.5% (used for YFI2C buyback and burn)
  3. Minimum stake lock: 72 hours

Easily accessible

The structure of YFI2C protocol enables various staking options and pools to be offered over a long duration. The user experience is intuitive and pleasant as there’s a straightforward user interface.

Reliable security

The main priority of YFI2C protocol is project security. We will be getting a few audits done in the coming weeks.

Useful links to note :

Web site : https://yfi2.club

Twitter : https://twitter.com/Yfi2C

Discord : https://discord.gg/mz9uYCHsvb

Official telegram group: https://t.me/Yfi2Cclub

Telegram chain: https://t.me/Presentation_of_YFI2C

Etherscan address YFI2C : https://etherscan.io/token/0xdb665ab1D56B6821Aea7ca8F3BB2F7d805d4B1E1

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