Everyone knows that food requires preparation, and that is why DeFi Tokens base on food themes. Farmers will need to farm or prepare DeFi food as rewards necessities. DeFi food are now the most popular DeFi yield farming but maybe you are tired of the short term lives of Food, after all, they go stale and spoiled. Some days, at best after weeks.
The Story of the Food Yield Farming.
Introducing YFSwap, replacing Food-Based DeFi with Strong Long Term growth of the Legacy Coins
Imagine what would the price of BTC and ETH be, with 1000x lesser supply integrating the revolutionary DeFi farming function?
YFSwap & YFBTC in a nutshell:
- The YFSwap team will only receive 1% of all YFBTC & YFETH farmed.
- As of 15 October, an estimated 10% only of YFBTC & YFETH are in circulation. 90% will be farmed through yield farming
- YFBTC & YFETH pools will have 2x more rewards compared to other mining pools
- YFBTC & YFETH will have transfer fee deflationary protocols. 5% for YFBTC & 2% for YFETH.
- The first AMM DEX integrating DeFi ver of BTC & ETH linking stablecoins & BTC on the Ethereum blockchain
- Updated 15 October. Deflationary Farming for YFETH.
BTC has maintained the no.1 position by having only…
YFBTC has only 5.6% (1196 YFBTC) initial circulation and the remaining 94.4% can only be obtained through DeFi yield farming.
Why YFBitcoin? Before an in-depth explanation of YFBTC, let talk about why Bitcoin is successful.
- Bitcoin is Decentralised, with no authority, government, company can affect its protocol or supply. Only you are in control of YOUR Bitcoin and YFBTC.
- Bitcoin blockchain is sustained through Decentralised mining, which helps to sustain the network of BTC, in YFBTC’s case its Decentralised Liquidity, which helps to provide liquidity for YFBTC. Only you are in control of YOUR YFBitcoin.
- Only 21 Million in total supply ( Bitcoin) [with only 0.02% of the worlds population [7.8 billion] is able to own all of Bitcoins total supply.]
- 1000x lesser supply than 21 million (21,000 YFBTC in total supply) [with only 0.00002%…
9,889 YFETH is the🚀initial circulating supply for YFETH [the maximum amount available for yield farming]
Please note: YFETH Smart contract holders : 0x68763e696bdee1726e5a2d100fceaa5bd6c2fb3e
Estimated calculations on how to obtain the ratio of per-block rewards by the total weightage.
- If YFETH current value is $5
- Per Block Yield Farming rewards: 0.4 YFETH/block (First month)
- Assuming total weightage: 7.5 (2.5+2.0+1+1+1) = 0.4 YFETH per block / 7.5 = 0.05333 ratio
The initial set of LPs and YFETH reward multipliers as below:
- BITTO/ETH = 2.5x YFETH reward
- YFETH/ETH = 2.0x YFETH reward
- USDT/ETH = 1x YFETH reward
- USDC/ETH = 1x YFETH reward
Assuming 100% (9,889 YFETH) of the initial circulating supply of YFETH is used for yield farming.
- 9,889 YFETH @ $5 = $49,445. LP is a pair of same value. so each side of the pair is valued at $49,445 = $98,890 total LP pair value
- Per hour…
What you need
- YFBTC , ETH, wBTC , depending on what you would like to do, buy, sell or provide liquidity.
- Metamask or another supported Ethereum wallet application.
- Supported Browser (Chrome, Firefox, etc.)
Buy YFBTC
Visit uniswap.org in your browser and click launch App.
Click ‘Connect to a wallet’ in the upper right side of the window, choose your preferred wallet application (We use Metamask in this example) and confirm the operation displayed.
What is YFSwap?
YFSwap automatically farms the most stable yield available from the safest DeFi and ensures security more than yield % using the latest farming techniques.
Harvest had a hacking of over 20 million due to its autonomous highest yield seeking protocol.
BTC is here to stay, and so is yield farming and YFBTC
Timelock , Governance with Cex Native Token bridging via LP rewards
Used for trading, community governance, liquidity incentives, dividends of protocol fees revenues, staking, issuing and generating assets, etc.
Bridging CEX exchange Native tokens all in a single platform. YFSwap by integrating a series of DeFi protocols, YFSwap…
