An example in numbers:
If a user were to invest in four of the underlying assets of our index token with current gas marks, he would pay $200 in fees. We remove the process of swapping multiple times and therefore reduce the gas fees for the user to $20-$50.
Our main Token: YDOT
Every user that buys into our index token does not only hold an index with 4 underlying assets, they also receive (on a 1:1 ratio) our main token: YDOT
YDOT works as a governance token. During governance votes, the more YDOT tokens a user has, the more their vote is worth. Voting for governance also entitles holders for airdrop rewards proportionate to the number of YDOT.
The more YDOT you hold when voting, the bigger your share in airdrop rewards from yield farming opportunities coming from our index tokens. YDOT therefore rewards the user in multiple ways from just holding the token - the more interest we have in the main index token, the more YDOT holders benefit.
Y.Family Days
Every ninth day is a Y.Family day. A ‘harvest powered’ governance day, where we have zero fees on transactions between Y.Financial members on the platform and hold our governance votes. Every YDOT user voting with the majority receives an additional airdrop of a pre-selected token into their wallet. This crowd-consensus mechanism pushes both for a majority vote whilst also incentivising finding consensus.
Our first index token — YFIN
YFIN is an ETF-like product which aggregates four top performing assets in DeFi into a tokenized index. We call them the ‘Core4’ tokens. This is launched as a product called ‘YFIN’ and will be voted on at least once a quarter to decide if one or more of the underlying tokens are being replaced with a more appropriate token. The right to vote on this change is handed to YDOT governance token holders.
The YFIN target price is pegged to the underlying Core4 tokens.
The current Core4 tokens are: YFI, YFII, UNI, and SUSHI.
We have picked these Core4 tokens for a start as they are considered ‘blue chip’ tokens. Key considerations are yielding liquidity, size of community and forward growth potential in the DEFI space, something we believe is very important as the price of YFIN will retain longer term growth value, due to less exit scam volatility on the Core4. After our launch, users will be able to vote on changing underlying assets of this index.
We use a price range at launch to proportion how much of each token we implement into YFIN. The initial launch ratios are defined as follows:
If the token price is over $1000, we use 0.001 in each YFIN token.
If the token price is between $100 and $999, we use 0.1 in each YFIN token.
If the token price is between $0–99, we use 1 in each YFIN token.
이 쿠폰은 쿠폰 제공자가 제공 한 정보 및 기타 공개적으로 제공되는 정보를 기반으로합니다. 토큰 판매 또는 교환 이벤트는 ICO 보유자와 전적으로 관련이 없으며 ICOholder는 이에 관여하지 않습니다 (기술 지원 또는 프로모션 포함). ICOholder와 관계가없는 사람들로부터 나열된 토큰 판매는 고객이 전반적인 토큰 부문에서 발생하는 활동을 추적하는 데 도움이되는 경우에만 표시됩니다. 이 정보는 귀하가 의지해야 할 조언에 해당하지 않습니다. 당사 사이트의 내용을 기반으로 한 조치를 취하거나 삼 가기 전에 전문가 또는 전문가의 자문을 구하거나 자신의 실사를 수행해야합니다. 토큰 획득과 관련하여 참가자가 입력 한 조건은 토큰과 ICO 소유자의 발행인이 그러한 토큰의 판매자가 아닙니다. ICO 소유자는 토큰 판매와 관련하여 제 3 자의 진술에 대해 법적 책임이 없으며 계약 위반에 대한 청구는 여기에 열거 된 토큰 발행 기관과 직접 체결해야합니다.
이 토큰 판매 또는 관련 인물의 성격, 적법성 또는 합법성에 대해 우려되는 점이 있으면 info@icoholder.com 에 문의하십시오. 귀하의 우려 사항에 대한 자세한 정보를 제공하십시오.