Ranking
Recently Added
Price Estimates
Legal Tender Countries
Global Charts
Fiats / Companies Ranking
Spotlight
Gainers & Losers
Historical Snapshots
Spot
Derivatives
DEX
Where to Buy
Overall NFT Statistics
Top Collections
Converter
Mobile Apps
Blockchain Explorer
Jobs Board
Crypto API
Site Widgets
Alexandria
Videos
Earn
Market Updates
Glossary
Newsletter
Methodology
YF Link USDYFLUSD
Status
Market data is untracked
This project is featured as an 'Untracked Listing'
For more details on the listing tiers, please refer to Listings Review Criteria Section B - (3)
YF Link USD Links
YF Link USD Contracts
Please change the wallet network
Change the wallet network in the MetaMask Application to add this contract.
YF Link USD Tags
Category
Live YF Link USD Chat
EnlargeWhat's happening on YF Link USD?
YFLUSD Price Live Data
What is YFLUSD?
YF Link's agorithmic stablecoin dynamically adjusts the money supply to meet changes in money demand.
How does YFLUSD supply get adjusted?
When demand is rising, the blockchain will create more stablecoin. The expanded supply is designed to bring the price down. When demand is falling, the blockchain will buy back stablecoin. The contracted supply is designed to restore the price. Algorithmic stablecoins are designed to expand and contract supply similarly to the way central banks buy and sell fiscal debt to stabilize purchasing power. For this reason, we refer to Basis as having an algorithmic central bank.
Here are some other articles that you may be interested in:
Live YF Link USD Chat
EnlargeWhat's happening on YF Link USD?
