Introduction
Cryptocurrency has brought many changes in the global financial industry. Since it first appeared, cryptocurrency has undergone many changes and improvements, from features, scalability, etc. If we discuss cryptocurrency, it cannot be separated from the role of blockchain. Blockchain is the backbone of cryptocurrency. This technology allows every transaction to be processed transparently, quickly, and free from third parties. Blockchain is currently applied not only to the financial industry but also to the medical, cargo, etc. industry to record all types of transactions.
But the development of blockchain doesn't end there. Nowadays, the decentralized finance protocol or commonly abbreviated as DeFi appears. This is an 'oxygen' for the cryptocurrency industry because with this protocol people can deploy Ethereum or Bitcoin-based decentralized applications on a decentralized network. It is the opposite of traditional financial instruments - where people can build decentralized applications outside of companies and governments control.
Making Your Money Your Employee
Yield Bank is an ecosystem consisting of various applications that can increase user profit. Yield Bank will provide the highest yet safest yields an individual user can achieve. With Yield Bank users can stake or use various other DeFi features that can increase their profit. Yield Bank will integrate and improve various DeFi features and solutions with the Yield Bank yield farming ecosystem. Thus users can experience and use only the best DeFi features.
Platform Features
Staking: Users are allowed to become stakers on the Yield Bank platform. By becoming a staker, users can benefit according to the value of their contribution.
Arbitrage: With the Arbitrage feature, it allows users to maximize their profit.
Vaults: Dynamic algorithms that will transfer funds to the best performing assets automatically in real-time.
401K Vaults: Vaults specially built for retirement.
User Interface and Experience: Users can navigate easily and quickly on the Yield Bank platform, so that even ordinary users using Yield Bank, they will not be confused.
Individual Account Propriety: Each ETH address holding yB will be assigned an account number that contains various information.
The People's Fund: With this feature, holders, and stakers will get rewards.
yGasSaver & Auto-Compounding: Feature which combines multiple transaction steps into a simple one-click option to save users on gas fees.
Yield Bank Token
Yield Bank has three types of tokens, the first is LP Token, which is a unique deflationary token - this token serves to stabilize market pricing while creating a higher market value and providing passive income to Infinitely Locked Liquidity (ILL) providers. The second is the yB Token, which when staked will reward the user in the form of yCASH - this is the key token in this ecosystem, without this token the user will not be a participant. third is yCASH, deflationary token will act as Yield Bank staking rewards token from Token yB.
In Conclusion
With the various features and solutions provided by DeFi, it increasingly threatens the outdated traditional financial instruments. Yield Bank with a variety of DeFi features and solutions is "The World First DeFi Bank of the People" this is a platform that allows users to access various best DeFi features and solutions such as staking, arbitrage, vault, etc. It is a user-friendly platform that increases profitability and is easy to use even for non-technical users. So it is hoped that there will be more people who can feel the benefits of crypto.
Keynotes
Yield Bank is an ecosystem consisting of various applications that can increase user profit.
Yield Bank will provide the highest yet safest yields an individual user can achieve.
Users can easily stake, arbitrage, etc. on the Yield Bank platform.
yB Token, which when staked will reward the user in the form of yCASH
Without yB Token the user will not be a participant
Connect
WEB: http://yieldbank.finance/
WHITEPAPER: http://yieldbank.finance/mt-content/uploads/2020/10/yb_whitepaper_lite.pdf
TELEGRAM: https://t.me/YieldBank
TWITTER: https://twitter.com/yieldbank
MEDIUM: https://medium.com/@YieldBank