YOYO FINANCE is part of the larger trend of decentralized finance: an industry that is focused on building decentralized financial instruments on top of existing smart-contract-enabled cryptocurrencies. These instruments include cryptocurrency lending, Staking & Farming services, and Insurance together with their own DEX called YOYOSWAP and their own LaunchPad where legitimate projects in the DeFi space can launch their new vetted projects with contract audits, locked liquidity, and locked dev tokens in time-release smart contracts.
Whereas other DeFi protocols rely upon minting new tokens to sustain their staking and farming rewards, YOYOFI has allocated tokens for these products which will be replenished with fees generated by the ecosystem. YOYOFI also has a deflationary burn mechanism built into the platform that will ultimately reduce the total supply to just 9,730 tokens. YOYOFI’s mission is to clean up the DeFi space by de-risking the purchase of new projects by performing due diligence vetting and requiring adherence to the same protocols that YOYOFI itself adhered to on its launch.
YOYOAPP: It is a decentralized mobile application of YFI.The platform aggregates multiple protocols. When users deposit, the platform will automatically allocate user funds to the current agreement with the highest revenue,
and give users a name In order to prove the rights and interests of YOFI Token, users can withdraw their original deposited tokens and corresponding income through YOFI Token.
YOFI TOKEN is the backbone of the YOYOFI platforms. YOFI will allow holders to vote on the protocol, access DeFi services and earn extra rewards, and the Right to receive a portion of the YOFI ecosystem’s profits
The difference between the YOFI project and other majority governance tokens in DeFi is scarcity. There’s a very limited supply of YOFI tokens. The maximum supply can never exceed 13,000 YFI tokens will be distributed to the community through airdrops and pre-sale events.
Presale Rewards and Listing Price
1 ETH = 3 YOFI + 0.8 YOFI Bonus + Airdrop Rewards ( Uniswap Listing Price: 1 YOFI = 3.5 ETH )
Uniswap, CoinTiger, 1inch, Kucoin, Hotbit, MERCATOX, with more top 10 CMC exchanges coming soon.
Presale: 4,000 YOFI (unsold tokens will be burned.)
Uniswap Liquidity: 2000 YOFI (locked in Unicrypt for 3 years)
Airdrop: 2,600 YOFI
- Team: 800 YOFI (locked for 24 months)
- Development: 2,600 YOFI (vested for 2 years)
- Marketing: 1,000 YOFI (vested for 12 months)
Once the presale is over, 50% of the raised funds will be locked in Uniswap liquidity. Similarly, 10% of the raised funds shall be used to buyback and burn YOFI tokens after the presale. This action will prevent people from dumping
Presale link: https://yoyofi.com/presale/
Token Type: ERC-20
Token symbol: YOFI
Token Name: YOYO FINANCE
Contract : 0x21b1B12FbE9bd04F1c729CBAA95863f9Fbe35c89
Total Supply: 13000 YOFI
YOFI for presale: 4000 YOFI
Team Tokens: 800 YOFI ( Locked )
Marketing & Development: 3600 YOFI
YOYO Finance Community
Telegram Group: https://t.me/yoyofinance
Official Twitter: https://twitter.com/yoyo_finance
Disclaimer: This is a paid post and should not be taken as news/advice.