Yearn.Global (YG) - Defis neue Multi-Blockchain-Plattform

 Yearn.Global (YG) - Defis neue Multi-Blockchain-Plattform

Introduction

The Blockchain industry and cryptocurrencies has become become an attractive market where
investors & traders interact on a regular basis for trading, speculating, investing or accumulating their
digital assets. Trading volumes are soaring to billions of digital assets traded on various exchanges and
platform, creating a unique ecosystem of blockchain community.

 

The Growing interest in Blockchain & digital assets trading has given rise to various centralized and
decentralized exchanges where hundreds of people daily trade various crypto assets. Year 2020 has
seen massive increase in volume on decentralized exchanges where people can trade without losing
control of their private keys and their assets. Uniswap has been seen as a forerunner in this tectonic
shift between Centralized exchange to Decentralized exchange.

 

In addition, year 2020 witnessed the great surge in volume for DeFi projects, specially the Yield Farming.
DeFi projects saw massive growth in their market cap as well as volume, resulting in parabolic growth to
certain projects. Yearn Finance tokens YFI touched $43k in September 2020 giving more than 1000x
returns from its July 2020 low of $31 per YFI in three months

 

Limited decentralized Cross Chain protocols: Since the market witnessed the DeFi Boom, the market
has been flooded with hundreds of projects that are either Fork of successful Defi Projects or offer
similar functionality like the one already in existence. This leaves a void for developing any cross-chain
DeFi platform, which can allow users to invest, stake or farm multiple tokens or assets based on
multiple blockchain in one platform without compromising on security. Most of the projects today are
focussing purely upon Ethereum Blockchain and thus other chains are often neglected and people with
idle assets on any other blockchain are often left without option to put their assets on work

 

No Yeild from Idle assets: Very limited options are there in present market that can provide yields for
idle assets in the wallet. Interest can be earned on very limited assets and other assets are suffering
from the gap in the present conditions where no or very limited options are available to deposit the
digital assets in order to earn good APY.

 

High Risk (On Exchange and Off Exchange): The recent hack of a major Centralized exchange which
amounted to over $200 Million USD in digital assets throw light upon the vulnerability of CEX in the
present scenario. The Risk of losing assets off exchange also exist. However, Once the digital assets are
locked for staking, farming or deposited in the vaults, the risk is reduced several folds as compare to
On-Exchange or Off-Exchange storage of assets.

 

Dominance of Centralized Exchanges: Owing to the ease of use and better user interface, the
dominance of the centralized exchanges can be seen in the market. However Centralized exchanges
defy all the fundamentals of cryptocurrencies as it infringe privacy, we lose control of our wallet,
susceptible to hack and so on.

 

Limited Borrowing: Borrowing is very limited or restricted in the present ecosystem surrounding cryptocurrencies. CEX allows lending of several assets by collateralising other higher value assets, however there remains a restriction on withdrawal of the borrowed assets.In P2P scenario there are several requirements to manually updating the offers on regular basis, higher cost of operation, etc.

 

DEX & SWAPS: Decentralized Exchanges and Swaps offers the solution to the problems posed by the
CEX and other flaws of the present market, however their lack of interoperability and support for other
blockchains forces users to interact only with on-chain tokens and contracts.

 

Token Info

Greatest Supply: 50,000

All out Supply: 25,000

(11500 token bolted with Team.finance)

20,000 YG tokens to be printed as cultivating rewards.

 

TOKEN DISTRIBUTION

Presale: 11,475 YG (counting private deal)

Uniswap: 5,000 YG

Group/Development: 1,500 YG

Showcasing: 2,025 YG (counting Airdrop and Bounty tokens)

 

RoadMap

OCTOBER
2020
Protocol Launch
PreSale Uniswap Listing
Vaults Live Yield Farming Live

NOVEMBER
2020
CEX Listing
TRC20 Chain Live
SWAP Testing
DEX Development
Begin

DECEMBER
2020
SWAP & DEX Live
BEP 20 & EOS
Blockchain
integration
Mobile App Beta
Launch

Q1 2021
Buy Back & Token Burn Event
Further CEX Listing
Audit Updates of All
Contracts Updated
Whitepaper

Q3 2021
Full Functionality
Mobile and Web
application
Addition of other
Blockchains
supporting Smart
Contracts

 

INFORMATION

Website: https://yearn.global
Telegram https://t.me/yearn_global
Twitter: https://twitter.com/globalyearn
Medium: https://medium.com/@yearn_global
Email: hello@yearn.global

 

AUTHOR

BitcoinTalk Url: https://bitcointalk.org/index.php?action=profile;u=2852216