YFBitcoin price

YFBTC

YFBitcoin is a fully DeFi yield farming project with a smart contract audited by Certik. YFBitcoin has no founder, no VC & is one of the few projects that supports both Bitcoin and Ethereum by providing a venue for both of these to do yield farming through YFBTC.

YFBitcoin follows the same protocol as Bitcoin with an additional function of deflationary that will help in the on-going value of YFBitcoin with a max supply of 21,000 that is 1000x lesser than the total supply of BItcoin.

YFBTC is an alternative to mining BTC through liquidity mining via stable bitcoin wBTC and renBTC. This provides users the opportunity to HOLD BTC & get YFBTC. The First DeFi Project backed by the fundamental success of Bitcoin protocol combined with the success of YFI.

YFBTC Protocol : -Follows the same protocol as Bitcoin. -1000x lesser supply than Bitcoin -Halving rewards every 6 months -Deflationary Oracle Network -5% of every transfer of YFBTC will be burned -After the 4th year, YFBTC will continue to provide yield farming with the supply that is burned through the 4 years period.

Deflationary Mechanics YFBTC: -5% of YFBTC will be charged as transfer fee, in which 3% will go to Devs and 97% will be permanently burned. This is to maintain a higher reward ratio of 5x for YFBTC/ETH. -YFBTC will stop providing yield when price is not positive.