YIF Yearn Insurance Farming

INTRODUCING YEARN

$YIF is a governance token of Yearn Insurance Farming protocol. Our project will bring a piece of mind for everyone for crypto community members who wishes to support new blockchain projects as well as developers will have wider ranger supporters by offering them a trust. Governance token holders will have right to vote for all the changes or decision taking part in the YIF ecosystem.

Many members of the blockchain community and Defi enthusiasts are very concerned of the latest development in Defi Space because of the latest “rug pull” scenarios. Defi and yield farming are very new developments in the crypto world. While there can be many loopholes and disadvantages in something new, there are always solutions and improvements coming ahead.

We as the YIF developers aim to solve this issue by offering YIF – Yearn Insurance Farming, where everyone will be able to Swap, Stake, Farm and Get Insurance Coverage at the same time.

About The YIF

Many members of the blockchain community and Defi enthusiasts are very concerned of the latest development in Defi Space because of the latest “rug pull” scenarios. Defi and yield farming are very new developments in the crypto world. While there can be many loop holes and disadvantages in something new, there are always solutions and improvements coming ahead.

We as the YIF developers aim to solve this issue by offering YIF – Yearn Insurance Farming, where everyone will be able to Swap, Stake, Farm and Get Insurance Coverage at the same time.

$YIF Token:

YIF Vault

YIF holders will have the opportunity to stake their $YIF tokens in the vaults and get rewards as the YIF tokens. The staked token will be used to farm other protocols for yield.

INSURED SWAP

First ever yield farming protocol offering an insured swap with the pool of limited supply tokens. While there are several other swap protocols where pool creators offer a swap for a number for tokens to ethereum, most of them ends up with the “rug pull”We aim to bring Trust, Legitimacy and Peace of Mind in the Defi ecosystem.

yEarn FINANCE TUTORIAL

IBMTo start using yEarn, visithttps://yearn.finance/. Here, users can choose between a number of products.

“Earn” is the powerhouse behind the product and is likely the option users want to choose to seek the best returns on the market.

Zap lets you “zap” into Curve Finance to aggregate stablecoin lending from DAI/USDT/USDC/TUSD with one simple transaction. APY is estimated by showing you the interest rate amongst different protocols compared to yEarn.

Token Sale

Join our Public Pre-Sale. Pre-sale will be live on bounce.finance. Details will be announced on our official channels. Uniswap Liquidity will provided immediately after the pre-sale.

Token Distribution

Eth raised in pre-sale will be used to provide Uniswap liquidity, and to further development and expansion of the YIF protocol. There will no token allocation for the marketing or team. Only, amount raised in the pre-sale will be used for that purposes. All unsold tokens will be burned. Remaining $YIF tokens will be distributed in the farming pools as the yield awards gradually.

Token Information

Token: YIF Token

Exchange Rate: 1 ETH = 90 YIF

Token Sale: 90,000 YIF

Soft cap: 600 ETH

Hard cap: 1,000 ETH

Total Supply: 190,000

Starting Time: SEP 23, 2020

Ending Time: SEP 23, 2020

Roadmap

With “Earn”, users will connect with one of the supported web3 wallets ( MyEtherWallet, MetaMask and Coinbase wallet. Etc.)

CONCLUSION

Yearn Insurance Farming is a multi-currency Farming protocol insurance platform that allows users to access, store and spend their crypto spending like any other Farming protocol. Which have been designed and developed using blockchain based platforms where users can easily use their cryptography for their day to day activities.

The project is yearning for Agriculture insurance, as a rule, to solve various pressing problems, which will be explained as we move on. The traditional payment system is quite old, stressful and even ineffective.

Now is the time to start introducing technology into this aspect of payments. It is no longer news that cryptocurrencies are transforming financial landscapes and the concept of money. But the problem is still that the real use of these digital currencies is limited, especially in payment for goods and services. This is the main reason for the conceptualization of this project.

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AUTHOR

Bitcointalk Username: Dewi08

Telegram Username: @ dhewio8

Bitcointalk url: https://bitcointalk.org/index.php?action=profile;u=894088

Wallet address (eth): 0x53D1Ea8619E638e286f914987D107d570fDD686B