[ANN] 🏦 Yield Bank 🏦 The All-In-One DeFi Bank

[JimmyJones]

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YIELD BANK PRIVATE SALE

Participate in the Private Sale here: https://yieldbankapp.finance

Private sale information can be found here: https://yieldbank.medium.com/yield-bank-private-sale-b3f2e8bdc2e9

Private sale goes live on December 18th, 2020 @ 12:00AM ET. You must reserve your place early at info@yieldbank.com in order to participate in the Private Sale. Please send your Telegram or Discord username along with the ETH wallet address you’ll be using. Sale is limited to the first 100 people.

WHAT IS YIELD BANK?

Yield Bank is a full-fledged financial system in a single decentralized web application, all supported a set of ETH smart contract. The project offers an all-in-one set of features previously only seen across several platforms, as well as many unique ones. In addition, the tokenomics and general token economy are amazing and incredibly detailed. There are systems in place to support the prices of their two tokens, yB and yCASH.

Here are some of the features that Yield Bank offers:

• yB and yCash tokens: Fixed supplies and a deflationary token burn and buy systems where both tokens' prices are supported through tax-buy and transfer-burn mechanisms.
• Liquid Lend: Loans using LP tokens as collateral
• DeFi Futures: Decentralized futures trading based off the Uniswap liquidity pool model with transactions and settlement on a L2 solution
• LP market trading: Locked liquidity pools for the yB and yCash pairings creates a market for trading and arbitraging multiple LPs, with the fees from trading further adding to the value of the liquidity pools
• Vaults: A way for users to earn interest on their cryptocurrency through the implementation of various automatic trading strategies
• yGasSaver: Multiple transactions are combined within the ecosystem to save users on gas
• Auto-Compounding: An option that can automatically convert users assets into the proper ratios needed for staking. After rewards are earned, the auto-compounder can then reinvest all rewards by exchanging rewards for LP tokens and staking them
• Account Numbers and Wallets: Easy in-house wallet creation + onboarding, and custom account numbers pegged to each users ETH address

yB Token Supply Distribution:

Total supply: 75,000 yB

[68 %] Rewards — 51,000 yB
[8 %] Liquidity Episode — 6,000 yB
[6 %] Reserved / CEX Listing Supply Escrowed — 4,500 yB
[5 %] iYield Team — 3,750 yB
[5 %] Circulation / UNI Liquidity Pool — 3,750 yB
[5 %] Development — 3,750 yB
[3 %] Marketing & Partnerships — 2,250 yB

yCASH Token Supply Distribution:

Total supply: 75,000,000 yCASH

[68 %] Rewards — 51,000,000 yCASH
[10 %] Liquidity Episode — 7,500,000 yCASH
[9 %] Development — 6,750,000 yCASH
[5 %] Circulation / UNI Liquidity — 3,750,000 yCASH
[5 %] iYield Team — 3,750,000 yCASH
[3 %] Marketing & Partnerships — 2,250,000 yCASH

Articles:

Liquid Lend and how it works

yB and yCASH Tokenomics

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[Doublelucky]

Why have 2 tokens, and which LPs can you use for Liquid Lend?

[JimmyJones]

The 2 token system allows for a more intricate and creative reward system to be devised. yCASH helps to support the yB token's value, and also functions to reward farmers separately to minimize the impact on yB.

For Liquid Lend, you can use basically any major LP tokens for it. The system will automatically be able to calculate its value and create a loan allocation that the user is able to take out at any tiime.

[LaraSamr]

Do u have any restrictions for the participants?

[kreon55]

I read that you guys are going to partner with YFI??

[CryptoSamm]

Excuse me In which exchange listed your token?

[YieldBank]

Do u have any restrictions for the participants?

There are no restrictions for anyone in anyway.

[siniavschi001]

What do you think is the future of digital collectibles and NFTs and how then do you plan to be at the forefront of this innovation?