A real yield NFT utility DeFi protocol offering up to 50% APRs using brand new (and actually useful) integration between ERC-20 fungible tokens and NFTs as certificates of deposit/stake receipts. We are building utility such as our unique approach to perpetual futures trading supporting a number of tokens as collateral, as well as, additional utility on top of NFTs to support sustainability of the protocol. We also use only the desirable, yet sustainable, concepts and tokenomics from some of the largest, most popular projects in the space (HEX, OHM, GMX, REFI, etc.). Pair with utility, whose fees and usage will pay for staking utility long-term, YDF will thrive with growth, sustainability, and longevity in mind.
We've built around the concepts of:
• decentralized Certificates of Deposit (think HEX)
• with some of the highest sustainable yield you'll find in crypto (think OHM but sustainable)
• with innovative, never before seen mint/burn tokenomics based on stakes & time decay asset sell taxes (brand new)
• with reasonable yet sustainable yield vesting (think GMX)
• with additional native ETH rewards on top of existing high yield for stakers (think REFI)
• with upcoming revenue generating utility (see Roadmap & Utility)
• all built on top of brand new, first mover staking NFTs that serve as your certificates of deposit, but are transferrable and tradable on your favorite NFT marketplaces based on the current and future speculative value of the stake principal and yield being earned continuously.
Simply put, we're going after blue chip status with new and improved innovation in the crypto space.
How does it work?
The foundation of YDF is built with several important concepts that support the long term vision of the project all while delivering high yield and returns back to investors. Each component coalesces perfectly to deliver the appropriate balance to support the underlying infrastructure that will make the project exist and ultimately grow in perpetuity.
YDF tokenomics
The tokenomics are designed such that long term holders are rewarded and incentivized to stake for the long term.
Yield Vesting
In order to reduce and manage sell pressure over time, we add an additional vesting component to claiming earned yield when unstaking previously staked YDF or YDF liquidity.
Stake NFTs
When a user stakes their YDF or ETH/YDF liquidity, they are issued a fully transferrable and tradable NFT that can be seen and traded on marketplaces like OpenSea.
Utility
We have a number of products, services, and plans we'll be building and developing over the coming months. Stay tuned for updates!
Q3-Q4 2022
Q4 2022
Q1 2023
Q2 2023
Q2-Q3 2023
This offer is based solely on information provided by the offeror and other publicly available sources.
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