Bitcoin Forum

Reserved.

So, there will be two tokens in this project right ?
first called YDOT as the main token and second YFIN
thanks

Yeah I see, but to get YFIN you should have YDOT first. But don't know how many must be held in order to reach the requirements to get the YFIN airdrop, there should be a calculation.
There's a campaign that running trough twitter, I think it will be good if the dev willing to post it in this forum too.

This project is posted by Legendary/Staff, so I think this Y-defi project is legit. Because he won't ruin his reputation with bad defi project, right? Looking forward if this Y-project will be different with YFI. They have test net live already not the same with YFI which is always in beta stage.

Oct, 12 is only 2 days ahead, to create a high quality video content I don't think it's enough. Except for simple content such as screen recording with a bit of voice over and even reading the text on the website.
I hope you can consider giving some more time (especially for video content) to gain more participants and gain more high quality video content.

More question: any minimum word/video length content?

It's only round 1 of the campaign in which we'll have 3 winners with 2 ETH worth of YDOT each. There will be more coming from the team.


No. But I think everyone knows the drill about being the best.

Is there link to any kind of technical paper to let know what is the percentage of the rewards for holding YFIN token. Is OP know who is behind this project although there are a lot of yield farming projects are already in the market so what is the big advantage to invest in it?

Can't find it in their website, I though the paper would be ready sooner as the project testnet already live, so for the mainnet they should prepare detailed information.

I think this guys didn't wrong, but always there is no guarantee to avoid failure.

Their full platform will be launched this 15th of October, so it will be few days from now.
Are they going to accomplish this goal on time?

https://i.imgur.com/6PmbZsz.png

If they indeed launch their full platform on that date, that means this Y-DeFi project may be different from all the other Y related projects.
We have countless Y DeFis already, but we haven't seen a working platform yet.
Can they change the perception on Y-DeFi? This will be interesting in the coming days...

I know who's behind the project. From what I understand, the big advantage surely is that it includes an index and more index tokens over time and the community can vote on underlying assets. Meaning even if yield goes down and other areas in DeFi become more attractive, the y.financial platform is future proof as it can adapt to trends.

I've only learned about YFinancial in the last few days, so far it is quite interesting with the concept. But it seems like your project still have a bit problems with the publication or maybe most people are getting bored with "Y" Project.  ;D

From what I read on YFinancial's social channel, there are some good news which I think should be shared here.
For example, YFinancial mentioned in cryptocactus article. [Gem Hunters - Edition 4 (https://thecryptocactus.substack.com/p/gem-hunters-edition-4)]

is there any special reason for the people behind this project to hide their identities? I did not see a roadmap, nor did I see any whitepaper. why don't you have raodmap and whitepaper? I see that even though the project has been launched very recently, it already has 703 members on the telegram and 139 followers on twitter, do you intend to launch any bounty campaign to be able to publicize this project more?


you mean their telegram channel, yes i went to see their telegram channel and apparently people who are very fond of space rockets are already putting several images of space rockets, all in the perspective of creating the scenery to go to the moon. well, you shouldn't destroy people's dreams, dreams don't pay taxes. but I think that in this initial phase, one should deal with the project without creating high expectations, wait for the good results of the team and only then celebrate if necessary

At least provide roadmap to see what they want to achieve here. And even not-so-comprehensive whitepaper, just to check what's gonna be their difference with other y-defi projects. As most of them are obvious money-grab, we are hoping that this one will not follow that journey. Sometimes I don't like followers whose aim is always "to the moon", it gives the impression of having cheap strategy of promotion.

What is an Index token and how does it works on reducing gas fee? I have to admit that I'm not really familiar with these entire DeFi concept as I took some holiday from crypto when the hype begun, but I don't think I stumbled upon this term in other defi projects, so I think it's not a common term and, instead, is a feature.

Meanwhile you guys are argue about how or what this project about, without realizing they already achieve successfully in the Private PreSale and collect 950 ETH.
https://twitter.com/Y_financial_/status/1316854546237460486
I think this one gonna humble, their public sale stage should be as good as gets in private sales.

Those are big numbers for private sales. Now do you know any more details is that more from big whales or accomulating from a lot of people?

I hope what they say is true, I couldn't check it because the team didn't show their fundraising wallet. Does anyone know YDOT and YFIN token smart contracts, and which tokens to trade on the market?

congratulations, really amazing private sale until 950 eth and I am very interested in this project, does anyone know when the public sale will start?

Sad to say, their public sale has already ended and it only took a few minutes to get all of their tokens to sell on that occasion. See here https://twitter.com/Y_financial_/status/1317118214766317568
I was expecting their token sell to be lively beforehand and it turned out to be even more than I expected. Now their target is to make the mainnet live within 4 weeks, hopefully it will be on schedule.

Still have no information about their token smart contract, even when I search in their telegram group but in there they said it's being finalized and they will have something for community this day, sounds like they'll annouce the awaited news. 
Unfortunately this good project has no bounty campaign, so their investors are not threatened by the dump from the bounty pool ;D

All what you said is true, I guess they are waiting to everything be finalized so they can put all details to the users and people interested in project.

A little update for the community: https://yfinancial.medium.com/hello-yfi-community-58bb7695b3b

What i like in here is that team removed the process of swapping multiple times and reduced the gas fees for the user to $20-$50. It is very important part i think :)

Finally the awaited news is here. In addition to their deep gratitude, they also presented their roadmap at the end of the post. So now we can see Uniswap listing is on this Q4, but will be sooner since they are gain successfully in funding stage. I also can't wait to see the product that they talking about to be provided.
https://miro.medium.com/max/700/0*0utylVgqet_1Yac4

although they are faster in funding, it is better to keep going according to the roadmap, because according to the roadmap will have maximum results
btw I'm still curious about Cefi vs Defi

The thing that they are willing to list even before roadmap date makes me believe more in the project. They keep working and advancing forward in those hard time. Really impressed by the team.

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If they can get sufficient number of users, this may be a successful venture.
What I am worried is with several DeFis already, they are competing with other projects in terms of audience.
But maybe they have a fight as most Defis are really really crap in presentation.
That means, only few of them will have real use case in the market.

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