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Home Cryptocurrency news Company News

Get the Best DeFi Experience on Yearnify Finance – YFY Tokens on the Line

NewsBTC by NewsBTC
4 months ago
in Company News
Reading Time: 3min read
Yernify
Advertisement

There’s no doubt that DeFi is on a roll in the crypto domain. And it’s all thanks to smart contracts. They extended the crypto usability, and now we can make various transactions without third parties involved.

It was about time.

Let’s be real here, nobody likes to collaborate with banks today. Their services are way too overpriced, and you need to write all your history in order to open an account. There’s no privacy. No wonder almost 2 billion people don’t have bank accounts. Plus, it’s really easy for centralized entities to cancel your transactions if they want to, for no reason.

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DeFi, on the other hand, is nothing alike. It offers anonymity, financial security, and freedom to use your assets however you want. Nobody dictates your next move.

If you also want to be part of the DeFi community, take a look at one of the most promising DeFi projects – Yearnify Finance.

Yearnify Finance – a short presentation

Yearnify Finance is a great DeFi project built on the ERC-20 protocol that recently improved the features of Yearn Finance (YFY) providing users with substantial yields on their assets.

Yearnify is considered one of the most high-potential projects, particularly because it increases the annual percentage yields (APY) of the cryptocurrencies deposited into the DeFi system.

The platform is for all kinds of crypto users, giving them numerous options. Users can stake, farm, borrow, settle loan agreements, and they are provided with high returns. Most importantly, all of these are happening in a secured encrypted environment.

How can you get their tokens?

In order to join the Yearnify adventure, all you need is to connect your Metamask and buy them with ETH. And if you don’t own such an account, just follow the instructions here.

But hurry up! Yearnify Finance has a limited supply of just 29,000 YFY for users, and they are already in the final round of pre-sale.

Got any doubts?

Don’t.

Investing in YFY tokens could get you not just the independence of third parties, but significant increases in income. The YFY token is already listed on big exchange platforms, like Uniswap or Hotbit, so it should hit the price of $3,200 by the end of the year.

What about the Yearnify ecosystem?

As you already figured out, Yearnify Finance is a yield farming platform created with the purpose of providing a chance for YFY holders to benefit from all the Yearnify platforms.

Those are not supporting just YFY tokens, but also stable coins like USDT, USDC, or sUSD. To top it up, the ecosystem has everything you would need to start your DeFi experience:

  • You can stake your tokens in order to get revenues;
  • The Yield Farming and Lending options will assure up to 29% APR earnings;
  • You can make smooth transactions with Yearnify SWAP;
  • And you can enjoy unique DApps.

Yearnify Tokenomics

As we said before, Yearnify puts on the line a 29,000 YFY supply, distributed as follows:

  • Token Type: ERC-20
  • Token symbol: YFY
  • Token Name: Yearnify Finance
  • Contract: 0xb9ae6fe574982e891666a5b1c2b33e79eb5dabb5
  • Total Supply: 29,000 YFY
  • Circulating Supply: 12,000 YFY
  • Initial Uniswap Liquidity: 9,000 YFY
  • YFY for Pre-sale: 8,000 YFY
  • Team Tokens: 500 YFY
  • Marketing & Development: 2,000 YFY
  • Airdrops: 8,000 YFY

So, are you ready?

Now that you know what benefits you can have by joining the DeFi industry, there’s no point to hesitate. Yearnify gives you, besides anonymity and financial security, the freedom to make your own decision regarding your assets.

Stay up to date with their new features and airdrops and follow them on their website or Telegram channel. Don’t hesitate to contact them at [email protected] if you have any more questions.

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