The iYield team has on board a set of financial, marketing and tokenomic experts as well as market analysts to ensure smooth development and a sound economic strategy.
About us
The iYield team comprised of industry professionals all around was formed in the early parts of the 2nD QTR of 2020. As a group of like-minded individuals our founder Domenico Vitale had a vision that we knew was a true visionary idea and was a resolution to an exceptionally large problem that DeFi currently does not address. Realizing that at the forefront of most new markets and technology normally the first key players are traditionally the more advanced and understanding users, we realized that the true overall picture of DeFi was missing the main component needed for all markets and that’s mass adoption. With over 10 Billion in value topping the charts in DeFi it was clear to see that this market had room to become a trillion-dollar market if the standard crypto currency user would join in from the daunted sidelines. We have set out to make this a reality by simplifying our platform and becoming the largest easiest to use platform on the DeFi market for all users of the like’s, beginner or advanced. At the same time, we feel our tokens that represent Yield Bank are two of the most economically efficient tokens to hit the market. Their key components and coding are going to change how you see market prices and conditions forever. Our algorithms and key metrics placed on our tokens will have direct impact on their market prices ensuring that its holders, and stakers are extremely well compensated even in selling conditions. Other key implementations like yGasSaver, AutoCompounding, Asset Transaction Tracking, and Ai Trading Strategies off chain are set to deliver further true value to our platform. The team at iYield has all the main key ingredients needed to make sure this launch is a success coupled with the longevity of timelessness.
Our Best Features
- DeFi Futures Trading
- DeFi futures akin to traditional futures on Kraken, BitMEX or Binance. Anyone coming to the Yield Bank platform owning yB and holding any stablecoin assets will be able provide collateral liquidity, and trade futures contracts. These contracts will be centered around the Uniswap pool model only modified. Collateral Providers CP's will be able to provide collateralized liquidity for the traders leverage and in a completely risk-free manner via stablecoins those providers will be shielded from impermanent loss and gain their yields from the losing trades and liquidations. Traders will be able to take long and short positions with or without leverage through perpetual futures contract on price movements of the biggest assets in the space such as BTC or ETH among many others. This should eventually be expanded into real world commodities such as gold, oil etc.
- Autonomous Market Buy Back
- Our economical geniuses have created the perfect economic support for reducing sell pressure while continuously raising buy pressure by coding a (MDI) Market Directional Index to create positive market price direction and to actually reduce negative MDI and sell pressure — not just pretend to like current tokens on the market. A varying percentage rate, that is driven via an algorithm-based formula from the size of the swap, sale, or transfers volume will be applied to all the non-whitelisted addresses selling the asset. This penalty is then used in conjunction with another autonomous algorithm to buy back and burn the yB token if various market conditions are met. Thus, creating the ultimate in buying pressure ever created. If the market attempts to dump holders are heavily Incentivized to continue to hold and rewards are heavily increased. We have created the ultimate balance of market economics, we cannot stress the importance of this feature built into our tokens, these are not just empty claims these are truly balanced economics in play.
- Full Statements of Asset Allocations
- Our account registration process allows for our users to track every single action held in our platform and ecosystem. Users will be able to view their allocations, fees, rewards and profit yields all in an understandable easy-to-read statement, like a statement you would get from a traditional modern bank. Our system allows for a user to be completely prepared for tax season with a simple export of their statements. Further our integration partnerships with key Crypto Tax Professionals will allow for our user’s data to be exported to their tax experts with ease.
- Infinite Rewards
- Our rewards ecosystem has been created to reward users forever - our rewards will last the lifetime of our contract if the contract is being interacted with. We have balanced the entire ecosystem in order to truly reward the users. Each sale of yB or purchase and sale of yCASH all has a portion of that transaction added to the rewards epoch of our ecosystem, and back to the stakers and holders. This coupled with the locked rewards supply-delegation of these rewards will forever last as our rewards are balanced and dispersed against the transactions occurring on the market, and the rewards tokens locked supply.
- Off-Chain Trading
- For the first time ever, we shall go off-chain with selected vaults. We have developed strategies that, with the help of AI and trading bots will fully autonomously trade off the Ethereum chain in a fully automated process and return on-chain to deliver the yields to our users! This is the first strategy in the world to achieve this task. This task will b achieved at the user’s direct discretion and acknowledgement to its risks. Our on-chain vault trading does not require any off chain travel and is more of drastically improved standard on chain trading strategies used.
- yGasSaver
- Our developers have developed a “yGasSaver” feature which combines multiple transaction steps into a simple one-click option to save our users on gas. We allow users to enter our pools without ever having to leave our ecosystem, swap tokens, add liquidity in various pools and stake the returned LP tokens all in one click. This allows for a huge savings in gas fees by roughly 90%.
Yield Bank's yB Token and yCASH Token
yB is a Token with unique deflationary mechanics – its inner base functions of locked liquidity only can be compared to tokenomics of CORE; however, we have a completely new economic model surrounding the token. We view the locked liquidity portion of this type to be a revolutionary staple in the new markets created with LP tokens and past liquidity issues resolved. By creating an entirely new economics hybrid model we have pushed the boundaries and created the PERFECT token. Its economics model will be copied by many upon it reveal to the market and will be surpassed by none.
The yCASH Token, also a deflationary token is a reward token distributed to participants inside our yield farming ecosystem its model is for rewards and yB market price support, as you cannot ever gain more yB outside of a market buy, and its staking is rewarded with yCASH. There are no minters or infinite supply amounts like many protocols have but fail to tell their holders. yCASH’s market price is supported by the liquidity locked inside our liquidity pools and its market purchases.
Simplified Platform for Everyone
We aim for mass adoption by bringing in the average cryptocurrency user who feels alienated by the other DeFi platforms currently available on the market.
- Create your wallet
- Wallet or no wallet - our simple onboarding process allows you to enter our DeFi platform with an existing wallet or by creating your own. This will further make Yield Bank appear more approachable and accessible to the average everyday cryptocurrency user.
- Security is our top priority
- Yield Bank developers have +4 years of experience working on cryptocurrency and +10 years of development experience overall. This professionalism in coding will not only propel Yield Bank to the top ranks of DeFi, but it will also ensure having impossible to breach smart contracts with no security risks – the funds of our users will always be safe. We will also undergo external audits to further instil trust into our platform.
- The 1# platform in DeFi
- We have done extensive research on the current DeFi market including the market sentiment, economic models of all of the popular yield farming ecosystems as well as their UI/UX. We know what our users want before they even think of it themselves, and we will make sure to deliver it to them. The mass adoption of Yield Bank is inevitable.
DeFi Futures Perpetuals Contacts
DeFi futures akin to traditional futures on Kraken, BitMEX or Binance Anyone coming to the Yield Bank platform owning yB will be able to trade perpetrual futures contracts. These contracts will be centered around the DeFi model of Uniswap with users becoming Collateral Providers in pools. You will be able to place a perpetual futures contract on price movements of the biggest assets in the space such as BTC or ETH among many others. This should eventually be expanded into real world commodities such as gold, oil etc.
- Total supply: 75,000 yB
- [68 %] Rewards > 51,000 yB
- [8 %] Liquidity Episode > 6,000 yB
- [6 %] Reserved / CEX Listing Supply Escrowed — 4,500 yB
- [5 %] iYield Team > 3,750 yB
- [5 %] Circulation / UNI Liquidity Pool > 3,750 yB
- [5 %] Circulation / UNI Liquidity Pool > 3,750 yB
- [5 %] Development > 3,750 yB
- [3 %] Marketing & Partnerships > 2,250 yB
- [5 %] Circulation / UNI Liquidity Pool > 3,750 yB
- [5 %] Development > 3,750 yB
- [6 %] Reserved / CEX Listing Supply Escrowed — 4,500 yB
In Conclusion
With the quite a number facets and options supplied by way of DeFi, it increasingly more threatens the out of date standard economic instruments. Yield Bank with a range of DeFi aspects and options is "The World First DeFi Bank of the People" this is a platform that lets in customers to get admission to quite a number pleasant DeFi points and options such as staking, arbitrage, vault, etc. It is a straightforward platform that will increase profitability and is convenient to use even for non-technical users. So it is hoped that there will be greater human beings who can sense the advantages of crypto.
Social Media Information
- Website: http://yieldbank.finance/
- Medium: https://medium.com/@YieldBank
- Twitter: https://twitter.com/yieldbank
- Telegram : https://t.me/YieldBank
- Telegram Announcement Channel: https://t.me/YieldBankAnnouncements
- Discord: https://discord.gg/4DrKFzJ
- Email: social@yieldbank.finance
- Bitcointalk Username: Ais08
- Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=894087
- ETH wallet: 0x4354FC7Ced4a013618fcFD81FC74A261859E3246
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