Introduction
Decentralized Finance known as (DeFi) is a financial system that operates decentralized technologies on blockchain . In another way round , DeFi could also be termed as Open Finance because it operates through permissions and open system which is accessible by everyone . DeFi create rooms for various decentralized financial services. These service are more or less like the services being rendered in the Centralized Financial setup such as Banking institution. DeFi offers services such as Saving , Loans , assets trading , insurance ,checking accounts and more . Its indeed a disruption in
the global financial system .
For its operation , its depends solely on Decentralized application known as DApps . the entire system of operation is backed by the DApps . The Dapps implements blockchain network to offer various decentralized services to its community.
In this publication i will be discussing about Yearn Land decentralized Financial platform . Yearn Land desist from having any form of centralized platform for carrying out its various services. It allows all users participation in the ecosystem services with high degree of Decentralization and censorship resistance .
Obviously , DeFi Space is still at infant stage , the industry started in 2019 and has reached a remarkable milestones every since its inception. The DeFi Space is constantly growing . New technique, different innovations never seized popping out from the ecosystem . Sustainability is one of the major challenges in the space , the industry experts has been working effortlessly to find a sustainable solution to the prevalent problems in the industry . The team of Yearn Land has invented a disruptive system in DeFi space which will ensure sustainability and encouraging more users , both retail
investors and institutional investors to participate in their ecosystem . I will go deeply into the receiving about Yearn Land DeFi platform , why it stands out among other DeFi platform and its unique approach to achieve sustainability of its ecosystem.
About Yearn Land
Yearn Land is an upgrade to the existing DeFi Finance system . The platform has made some important adjustment intro the first layer protocols to make the system work and more sustainable for the users. As a DeFi yeild aggregator for the lending platform it s re-balances for maximum yield . For the lenders , the platform provided benefits for swapping and shifting the funds independently between Aave , Dydx and Compound. Yearn Land offers Sustainability solution in DeFi Says and goes by name (Automated Market Marker).
Yearn Land project focuses on brining the value of Yearn accessible to every users. Unlike in some DeFi platform where Whales take the huge shares in the system , Yearn land offers opportunity for both large scale investors and retail investors in their platform . It implements a system called Voting of Inflationary rate of the supply and a form of referral system which implements automatic
burning which is conducted on the chain . Yearn Land offers a new governance system that offers the best place for innovation , a home for entrepreneurship and technological advancement .
Core Features of Yearn Land (Explained)
1. yFarm : It is a loan aggregator which focuses and targeting highest yield for the assisted coins such as (DAI, USDT, USDC, sUSD wBTC . It achieve this by automatically transferring these funds among varieties of lending protocols that runs on Ethereum blockchain .i.e Compound, AAVE and dydX
2. yCover : This is underwritten by Nexus Insurance , It is a form of non KYC insurance coverage consisting of major 3 components .i.e Vault insured , The Claim governance and Vault insurer. The instance faults implements Yland Engine interface .Profits could be easily earned by switching to lenders , that is moving your funds between Aave dydx and Compound.
3, yGovernance : The governance model is quite unique, full of some amazing features , it enables free cost publicly accessible and verifiable b the Yland holders . The Model incentives the Yland holders with yUSD and yEth for covering gas costs.
4. yVault: Implementing yland Vaults is not different from gaining acesss to the advance money management infrastructure in the world. The vaults are designed to maximize the yield of the
deposited assets.. The yLand holders stakes their token on the Governance contracts in other to earn profits .The proceed of the vaults accruals are returned into the governance contracts which are
using for some operating cost such as developer incentives, operating cost and the community funding .
Yearn Land Ecosystem
yLand token details
Total Supply: 40,000 yLand
Circulating Supply: 27,000 yLand + Staking & Farming Rewards
Staking & Farming Rewards: 10,000 yLand
Pre-sale Supply: 20,000 yLand
Uniswap yLand Liquidity: 7,000 yLand
Uniswap ETH Liquidity: 380 ETH
Liquidity Locked: via Unicrypt
Development: 5%
Team: 3%
Marketing: 2%
Official Resources.
Official Website: https://yland.finance
Telegram Channel: https://t.me/ylandfinancechannel
Telegram Group: https://t.me/ylandfinance
Twitter: https://twitter.com/ylandfinance
Medium: https://medium.com/@ylandfinance
Github: https://github.com/ylandfinance
Reddit: https://reddit.com/u/ylandfinance
Docs: https://docs.yland.finance
Authorship:
Bitcointalk username :koremodupe
Bitcointalk profile url: https://bitcointalk.org/index.php?action=profile;u=2681359
Eth address: 0x92d259F369B02eF1d625C3F3bDc2F6b06A8BE272
