Bitcoin Forum
April 27, 2024, 10:17:56 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: [ANN] YellowRock.Finance - DeFi with upgraded ETF like products  (Read 140 times)
YellowRock (OP)
Newbie
*
Offline Offline

Activity: 6
Merit: 0


View Profile
October 09, 2022, 04:30:25 PM
 #1



The YellowRock Finance is created to help users get the exposition on specific areas of the
crypto world in an easy way. Builded on Polygon chain with upgraded ETFs like products,
swap and stable coin which bring DeFi to new level.

Key features:
★ Multiple tokens with vaults filled with coins and tokens which focus on specific sector
or group in crypto world
★ Using coins and tokens from vault to farm and stake on multiple protocols and
multiple chains
★ Transparency - all wallets and transactions will be public so the users can in real time
check assets amount and transactions used by protocol
★ Burning vault and governance tokens
★ Controlled by users - the users will decide which assets hold and what to do with
earnings for each vault
★ Easy and cheap to enter - even with wallet with value under one dollar users can
enter protocol, all they need to participate is hold the tokens
★ Fees divided over the entire treasury
★ Huge governance token airdrop
★ Fair launch - no investors packages, no presale, even owners and developers do not
receive any tokens
★ Using quickly growing, cheap and safe chain - Polygon
★ Multiple source of income - vaults, lottery, predictions, swap, stable

Whitepaper:
https://www.yellowrock.finance/YellowRock_Whitepaper.pdf

Services provided or in roadmap:
- Tokens with vaults behaind
- Lottery
- Predictions
- Governance
- Swap
- Stable Coin
- NFT

First starting product is Yellow Rock Deflationary - YRD. The product which will focus on deflationary or with minimal inflation products with great utility.
It will start from public sale starting 17.10.2022, and it will last two weeks. All the funds minus team fee will go to fill the vault with coins. Coins will start working for vault - the earnings will be used to burn vault token, burn governance token and get assets inside.
Starting assets:
BNB—35%
● BTC—15%
● ETH—25%
● TRX—10%
● MATIC—10%
● ALPACA—5%

High level roadmap:
Yellow Rock Giants - YRG vault will focus on top projects Q1 2023.
Yellow Rock Stables - YRS vault will hold mixed stables Q2 2023.
Lottery Q2 2023.
Predictions Q2 2023.
NFT Q3 2023.
Swap and stablecoin Q3 2023.

💬Join Us:
Visit our website: https://www.yellowrock.finance/

Learn more about us: https://docs.yellowrock.finance/

Follow our Twitter: https://twitter.com/YRFinance‌‌

Join our Telegram: https://t.me/yrfinance

Medium: https://medium.com/@yellowrockfinance

FAQ?

Why shouldn't just buy these coins on my end ?
It depends only on user, but our protocol has several advantages over this approach:
Time - you do not need to use your time to find the exchange or dex with all coins, find how to stake or farm coin, rebalance coins, gather earnings etc. Our team will do it for minimal fee.
Fees - without huge budget the fees could erase most of the earnings. In our case you just need to buy vault tokens and pay single fee. All the farming fees will be divided to all holders so even with low budget you will earn on farming.
Security - our team is professionals in crypto world for years. We are using only selected safe farms and protocols. Our team for wallets using only Leadger devices. You just need to keep single wallet with our vault coins in safe place, the rest our will handle for you.
Rebalancing - our team will consistently and constantly rebalance the vault holdings. That also mean profit realization and cheap buying to keep proportions in vault.  If you would like to do it on your own you would need much time and pay a lot of fees.
Aidrop - if you participate in our public sale, you will get airdrop main governance when it will be established (Q3 2023). Plus the project is not well recognized yet, so return from entering public sale could be x10 x50 x100 or even x1000.
There is many more things like psychological, community etc. things where our protocol have advantage but we want to keep the answers short. If you would like to discuss, come join our telegram Smiley

What if value token market cap will be much lower than assets in vault ?
Our team is prepared for such situation, there is two way to deal with that. All our vault tokens have burn function, the users could burn their tokens to get equivalent of assets behind their token. The second option is the vault manager which will catch up these situations and just buy and burn tokens till equalization which will generate additional income which will stay in vault.

What is deflationary coin?
To be deflationary the project need to burn more coins than is creating or like in our case the value behind token need to only rise. It should deflect on price - the lower in circulation coins or the more coins in vault behind the token, the value should be increase over time.

What the value governance coin YR will provide ?
The YR will be deflationary token with many streams of income - vaults, swap, lottery, predictions, nft, stable coin. All these streams will generate money to burn main token. Furthermore the users will be able to manage the project, which vaults to add, manage the fees and many more. These two main features will give YR value.

The vaults holdings are safe?
All the holding amounts will be available live at webapp with wallets holding it, so users will be able to verify them in any time and check all transactions executed. We also care about safety with working with wallets so we have defined best practices in security which include using only leadger devices directly from producer, using only safe trusted farms, governance protocol and POS staking. Audits and insurances will also be used.
The block chain is the main innovation of Bitcoin. It is the first distributed timestamping system.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714213076
Hero Member
*
Offline Offline

Posts: 1714213076

View Profile Personal Message (Offline)

Ignore
1714213076
Reply with quote  #2

1714213076
Report to moderator
1714213076
Hero Member
*
Offline Offline

Posts: 1714213076

View Profile Personal Message (Offline)

Ignore
1714213076
Reply with quote  #2

1714213076
Report to moderator
1714213076
Hero Member
*
Offline Offline

Posts: 1714213076

View Profile Personal Message (Offline)

Ignore
1714213076
Reply with quote  #2

1714213076
Report to moderator
YellowRock (OP)
Newbie
*
Offline Offline

Activity: 6
Merit: 0


View Profile
October 10, 2022, 08:34:00 AM
 #2

FAQ
Can I participate in YRD public sale to be entitled to airdrop than burn tokens to receive funds back ?
Yes the users can use this strategy, all funds will be returned to them minus fees. Remember, burning at the beginning will be performed only once per week, so exact amount of funds returned depend on price of coins in that moment.

YR total supply is 1 000 000 000, isn't this token will be worth nothing ?
The price in public sale will never be lower than 0.1 Matic. Additionally, our protocol have burning program, so even when the price will drop drastically after launch our burning thanks to that will quickly burn massive amount of tokens and the price should reflect that. The total supply will never rise so we believe in long term the price should easily beat this 0.1 Matic, so even some YR tokens can make you rich !
YellowRock (OP)
Newbie
*
Offline Offline

Activity: 6
Merit: 0


View Profile
October 11, 2022, 11:28:53 AM
 #3

Our smart contract for
YRD: https://polygonscan.com/address/0x936B2d9eDe997112777Ec9543a5E7671F04c051c#code
Incoming crowdsale: https://polygonscan.com/address/0x29e11A1Fe3fDeBd1fD80C2e1Be589B3Bc1fC1c17

They are visible to everyone, safe and fully transparent.
YellowRock (OP)
Newbie
*
Offline Offline

Activity: 6
Merit: 0


View Profile
October 12, 2022, 03:38:38 PM
 #4

For people who do not have time to read all whitepaper.

There is incoming in the beginning of Q3 main governance YR token which will not connected with vault but to governance all protocol. It will be capped on 1 billion token, and 30% of it will be airdroped to participants in incoming vault tokens YRD, YRG, YRS. Participants sale will get 5% from first public sale, 3% from second and 2% from third airdrop of YR total supply each. Its a not well known project yet so this is huge opportunity to get thousands or even millions of tokens by small amount of funds. Our team will do everything to make YR worth over 0.1$ at first than over 1$ in future due to burning and protocol development. Do not miss that chance !
YellowRock (OP)
Newbie
*
Offline Offline

Activity: 6
Merit: 0


View Profile
October 13, 2022, 02:04:16 PM
 #5

Simulated start

To be more clear we want to show potential start in terms of numbers to
show potential of the project for users for single vault - YRD.
Let's assume the price of coins will not change over this time and first public accumulate 3M
Matics so it will be 30M YRD tokens.
At the time of writing the 1 Matic is 0,816$, so the first public sale accumulated $2,448,000,
$24480 will be deducted for team fees so we the protocol will have $2,423,520 to buy
assets.
35% of it - $848,232 will go to BNB ~ 3057 BNB
25% of it - $612,000 will go to ETH ~ 460 ETH
15% of it - $363,528 will go to BTC ~ 18.72 BTC
10% of it - $242,352 will go to Matic ~ 296,745 Matic
10% of it - $242,352 will go to TRX ~ 3,888,363 TRX
5% of it - $121,176 will go to ALPACA ~ 834,258 Alpaca
From this moment, protocol will start to farm and stake tokens to generate profits for protocol.
Earnings from them will be distributed as described in section Earning distribution.
The user which participates with 10,000 Matic for example will receive 100 000 YRD tokens which hold above assets and additionally 166,666 YR token
airdrop when it will be established.
YellowRock (OP)
Newbie
*
Offline Offline

Activity: 6
Merit: 0


View Profile
October 18, 2022, 05:49:48 PM
 #6

The public sale started yesterday and will last 13 more days 17.10-31.10. Do not miss that chance!
If you have any questions about it feel free to ask.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!