YF-DAI

YFDAI.FINANCEYF-DAI

Rank #579
Token
On 8,439 watchlists

Prezzo YFDAI.FINANCE (YF-DAI)

€5,722.58
34.04%

0.1263 BTC26.25%

3.7280 ETH28.08%

Basso:€4,229.73
Alto:€5,731.20
24h
YF-DAI  YFDAI.FINANCE YF-DAIPrice: €5,722.58 34.04%
Cap. del mercato
€22,810,193
34.04%
Fully Diluted Market Cap
€120,174,122
34.04%
Volume
24h
€7,949,168
17.34%
Rifornimento circolante
3,986 YF-DAI
19%
Rifornimento massimo
21,000
Rifornimento totale
21,000
 

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YF-DAI

YFDAI.FINANCE

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EUR

Euro

YF-DAI Price Statistics

YFDAI.FINANCE Prezzo oggi
Prezzo YFDAI.FINANCE€5,722.58
Price Change24h€1,453.40
34.04%
24h Low / 24h High
€4,229.73 /
€5,731.20
Trading Volume24h€7,949,168.23
17.34%
Market Dominance0.00%
Posizione mercato#579
YFDAI.FINANCE Market Cap
Cap. del mercato€22,810,192.85
34.04%
Fully Diluted Market Cap€120,174,121.86
34.04%
YFDAI.FINANCE Prezzo ieri
Yesterday's Low / High
€4,149.98 /
€5,633.10
Apertura/Chiusura ieri
€4,409.46 /
€5,443.84
Risultato ieri

23.46%

Volume ieri€8,638,053.66
YFDAI.FINANCE Cronologia dei prezzi
7d Low / 7d High
€3,699.37 /
€5,731.20
30d Low / 30d High
€2,980.53 /
€5,731.20
90d Low / 90d High
€1,505.59 /
€5,731.20
52 Week Low / 52 Week High
€91.13 /
€5,731.20
Più alto di sempre
Mar 09, 2021 (8 minutes ago)
€5,731.20
0.15%
Più basso di sempre
Sep 08, 2020 (6 months ago)
€91.13
6179.55%
ROI YFDAI.FINANCE

6176.67%

YFDAI.FINANCE Fornitura
Rifornimento circolante3,986 YF-DAI
Rifornimento totale21,000 YF-DAI
Rifornimento massimo21,000 YF-DAI
 

Informazioni su YFDAI.FINANCE

What is YFDAI?

YFDAI is an entire permission less DeFi ecosystem that combines Staking & Farming services and soon, Lending/Borrowing services, SafePredict, and Insurance together with their own DEX called SafeSwap and their own LaunchPad where legitimate projects in the DeFi space can launch their new vetted projects with contract audits, locked liquidity and locked dev tokens in time release smart contracts. Whereas other DeFi protocols rely upon minting new tokens to sustain their staking and farming rewards, YFDAI has allocated tokens for these products which will be replenished with fees generated by the ecosystem. YFDAI also has a deflationary burn mechanism built into the platform that will ultimately reduce the total supply to just 13,950 tokens.

YFDAI’s mission is to clean up the DeFi space by de-risking the purchase of new projects by performing due diligence vetting and requiring adherence to the same protocols that YFDAI itself adhered to on their launch. YFDAI’s motto is ‘no more exit scams or rug pulls.’

How is YFDAI different from other DeFi protocols?

Existing DeFi solutions lack the well thought out tokenomics of YFDAI which are deflationary instead of inflationary. The fees generated by the ecosystem are distributed to the burn contract and the Staking/Farming rewards. Once the total supply reaches 13,950 the burning will end and the distribution of fees previously going to the burn contract will be distributed according to governance voting. Other protocols may offer Staking and Farming or they may offer lending and borrowing with a limited set of tokens, but YFDAI has a full suite of DeFi products coming out by the end of the year. YFDAI is also bridging the gap between DeFi and the rest of the world by obtaining a financial service license and e-money license which will enable crypto – fiat exchange on their YFDAI centralized exchange. They also plan on opening an ecommerce site and issuing a debit card. Ultimately, YFDAI aims to unlock the full potential of digital assets for their owners.

What is the purpose of YFDAI's native YF-DAI token?

The YF-DAI token is used to pay fees on the site and will facilitate governance of the YFDAI protocol. Liquidity providers are a key component to ensure the sustainability of a decentralized finance protocol by facilitating liquidity within the protocol. They will therefore be rewarded with YF-DAI tokens via liquidity mining, in addition to a percentage of trading and borrowing fees. Platform users who use YF-DAI for lending, borrowing or trading will be rewarded with governance power in the form of YF-DAI tokens to encourage not only use of the platform’s services, but also to facilitate distributed governance.

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