YFValue’s vision is to change yield farming by bringing value, fairness, and innovation. On the other hand, its mission is to offer accessibility, governance, insurance, and profitability. YFValue wants to spread farming to everyone and provide better on-chain voting. Additionally, it will reward consistent and long-term YFV stakeholders. The most important mission that it also strives to achieve is to protect community funds and offer peace of mind. Before I forget, please note that YFValue is available for trading on Vinex in YFV/USDT and YFV/ETH.
YFV Value Vault: This feature will enable YFValue to gain the prolonged profitability of the token. During the launch, the tokens that would be supported include WETH, WBTC, and renBTC. That is not all since more tokens shall be included after the community proposal and voting system.
YFValue brings together the decentralized finance yield. It also allows farmers to vote on-chain, and an automated execution is done based on votes tallied. Furthermore, YFValue possesses a pool of stable coins that make it possible for small fish to be involved with decentralized finance yield farming. This will make the number of users a hundred times more than other decentralized finance yield farming protocols.
Moreover, there are referrals and burn on-chain whose purpose is to boost morale within the community. The community is intensely involved and at the forefront of bringing YFValue into the public domain. That is not all yet since there is lovely add on benefits for farmers and the ecosystem.
What Influenced YFValue Creation?
There had been feedback from communities about decentralized yield farming. Most of them are small fish and do not have much in stable coins. What this means is that they cannot join yield farming. They all want to be part of the team, but gas prices are high for them.
A community needs to have total control over the yield farming protocol and even share its coins. The complaints and feedback from the community are what triggered the birth of YFValue.
Referrals on YFValue: The best marketing, according to the community, is word of mouth. Every friend you refer to YFValue, 1% of their earnings is automatically wired to you each time they harvest YFValue. You do not need to harvest, and it’s awarded to you without any gas fees.
YFValue Modus Operandi: The community has the power to decide on how long YFValue can be harvested. This is done through voting. In case a person that farms the pool opts not to vote, their vote is the current rate of distribution.
The formula used aims to deter people from staking to vote, then they immediately unstake. It means that one can stake even if they have already unstaked. However, if you are a new farmer, even if you have a massive chunk within the pool, your vote may not have such a huge impact. It is vital to understand that you are only allowed to vote once in every week. In case no vote is cast, the rate of distribution remains the same.
The role of creating YFValue rested on the laps of experienced decentralized finance and blockchain developers. There has been great caution to ensure that the security of contracts and everything else within the ecosystem. There has been no audit, and anyone who seeks to engage should carry out due diligence and caution.