Introducing iYield & Yield Bank
Decentralized Finance has revolutionized the cryptocurrency industry. Developers and project teams have shaped what is becoming the financial future of self-money management, yield farming and financial economics well past traditional cryptocurrency trading. Opening doors to economical avenues that were not available to the average cryptocurrency user and the world. The iYield team plans to bring to market these avenues to the masses of the cryptocurrency community. We seek mass adoption, coupled with extreme longevity to become the largest Decentralized Finance yield aggregator in the space. We will achieve this with some of the highest professionals in the industry, alongside of our partners.
Yield Bank has set out to create an ecosystem that will yield the highest yet safest yields an individual user can achieve. To give insight to our plans, we plan to offer a native token that allows access into our ecosystem. The token is a deflationary token with properties not quite seen in the market before. Its liquidity provided is irrevocable through its smart contracts. Thus creating a Liquid Level (LL) — a key level created to assist market price decomposition. This creates a new marketplace for its derivative — the LP Token. This process will stabilize market pricing while creating a higher market value, in addition to offering passive income to the Infinitely Locked Liquidity (ILL) provider. This will allow for staking on our Yield Bank platform, in conjunction as registration to an individual account propriety to the user (more on individual account propriety later).
Our native Token yB, when staked, will produce monetary rewards of our associated Token yCASH on open markets backed by our liquidity pools chosen from our data driven research. Token yCASH, also a deflationary token will act as our staking rewards token from Token yB. Token yB represents the key to our entire ecosystem as without it, you will not be a participant in our platform.
Users holding our platform token, yB, will be issued an internal account number. This account number will provide the user access to the Yield Bank platform. Inside the user’s interface the user will have everything they need under one roof. Users will have the ability to stake, trade LPs, lock-up in our vaults, save for retirement in our 401K accounts, swap coins with an internal AMM, generate, view, and print detailed statements of all the user’s transactions of their account.
These statements will show balances, profits, gas fees, transaction fees, assets allocated and more. This gives the users complete understanding of their financial situation without juggling between different platforms and the ability to adjust asset allocations into a variety of our offered products for greater yields.
📡 🌐 We are launching a marketing campaign to build our user base and community in a slow, procedural and organic manner. We have a set of articles in the pipeline that will further reveal the full scope of our project leading up to the ILL Episode as well as a complete whitepaper.
Follow us on any of our social media accounts to stay updated. ILL Episode date will be announced in the coming weeks.
The article and any other associated content of Yield Bank does not constitute as financial advice. Cryptocurrencies are a high risk investment and may not be suitable for all members of the public and all types of investors. This is an experiment in DeFi yield aggregating to bring longer and steadier yields to its users.
Next article coming up: List of key Yield Bank features