YFI2C: We will hear about it.

YFI2C extends the use of the elementary value transfer blockchain to other complex financial use cases. According to Alex Pack (Dragonfly Capital), “This opportunity only presents itself once every 50 years!” Together Let’s see, why the time has come to invest in YFI2C.

“If a window of opportunity appears, don’t pull down the shade.” — Tom Peters

Launched in 2009 by Satoshi Nakamoto, Bitcoin became the first blockchain-based cryptocurrency and it’s still the most successful one. While Ethereum and Bitcoin remain the primary DeFi applications, they are both run by a huge network of computers rather than any central authority. These are used as a store-of-value investment such as gold, by many investors as it protects against inflation. Ethereum has also been supporting startups to crowdfund their operations.A partner at Bain Capital Ventures, Salil Deshpande, who is responsible for leading the company’s crypto investments thinks that the reason why people first became interested in DeFi is that “they have a libertarian streak”. People get the freedom to create censorship-resistant products on DeFi platforms such as YFI2C which for some developers can be a fascinating capability when it comes to experimenting with the technology.

“Incredible change happens in your life when you decide to take control of what you do have power over instead of craving control over what you don’t.” ―Steve Maraboli

The most thunderous effects of DeFi applications such as YFI2C will be seen over the long term as this system has the power to make our financial systems less fragile and more transparent and resilient. DeFi allows various entities to maintain a copy of transaction history, making it accessible to several members instead of allowing control to a single or central source. This development is crucial because, in centralised systems, human gatekeepers have the power to limit the sophistication and speed of transactions while providing users with less control over their own money.

DeFi — Regaining Control Over Your Finances

Understanding YFI2C

Staking tokens

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:

Un-stake fee: 0.5% (used for YFI2C buyback and burn)

Minimum stake lock: 72 hours

Easily accessible

YFI2C veridical protocol

Inbuilt governance structure

Reliable security

Secure rewards by farming

Pool 1-YFI2C/USDT

Pool 2-YFI2C/ETH

Lend to avail benefits

Another advantage of this transaction is that the deposited assets also double down in collateral size while borrowing. Furthermore, the interest that is generated via the deposited amount will help nullify the assembled interest from borrowing. Funds which are circulating via the lending protocol are secured by completely audited smart contracts to ensure 100% security.

Lending using the YFI2C platform presents with an abundance of benefits. Users receive favourable access to loans, fixed interest rates and partial liquidations (in case there’s a disruption).

Token buyback and burn

Minimum market cap

Very weaktoken supply

Tokenomics

Total tokens supply: 5,000

Supply in circulation: 3,550

Uniswap Liquidity: 1,000

Farming Rewards 3 Pools(950+250+250): 1450

Marketing budget: 600

Team : 600

Pre-sale : 1350

Summing up

Regardless of whether the user is new to the DeFi ecosystem or a professional member, there are plenty of opportunities for everyone to be benefitted from. YFI2C takes several deflationary measures and allows for a low token supply. It presents its users with tremendous staking rewards and it’s on the path to becoming a dominant project in the industry. Security is of the highest priority to the YFI2C model. The users benefits from features including lending, staking, borrowing, farming and lots more. Investing in the YFI2C ecosystem is one of the best decision that you can make in 2021.

Useful links to note :

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