Coinscribble / Yieldification (YDF) is a DeFi NFT utility protocol constructing upon each current and new, revolutionary concepts to combine NFTs in numerous methods not seen earlier than. You will note each acquainted ideas applied in new, helpful, and inventive methods along with model new, revolutionary ideas constructed upon the YDF platform.
YDF gives a singular twist on staking which permits customers to earn yield when locking their YDF tokens. YDF expands upon this generally used idea with the addition of an NFT because the “certificates” or “receipt” of the stake deposit. This NFT holds the keys and all metadata of the stake that enables the proprietor of the NFT to say the yield generated. The identical NFT may be transferred or bought to a different celebration to successfully switch the possession of the stake, which provides stakers the chance to regain their principal and even notice income on their unique funding with out having to attend for his or her stake to unlock. This creates a model new marketplace for not solely the YDF token but additionally yield-bearing NFTs which might be incomes yield over time.
Staking was one of many core, delivered-at-launch utilities YDF had from the start, however they’re constructing in revenue-generating utility above and past with the intention to offset all emissions created from staking. A few of these utilities embrace:
Futures buying and selling lets customers open perpetual lengthy and brief positions towards particular person belongings and custom-created indexes of well-liked asset pairs that the platform collects charges and serves because the counterparty for merchants. Just like staking, open positions are represented with an NFT that may be transferred or bought ought to the proprietor select to take action.
YDF’s custom-built NFT Market helps customers buying and selling their stake NFTs together with different NFTs within the ecosystem to which the platform collects charges as income.
Yieldification (YDF) just lately launched an over-the-counter (OTC) buying and selling platform that enables customers to commerce numerous belongings and varieties of belongings immediately with each other with out slippage and with low charges with out having to undergo an trade, equivalent to Uniswap, or an NFT market, equivalent to OpenSea.
The YDF OTC Platform gives two varieties of OTC trades:
Swimming pools that operate equally to liquidity swimming pools on DEX swaps, equivalent to Uniswap, to the place a consumer can create a pool of tokens that different customers can swap a predetermined paired token with the pooled token at a value set by the pool’s creator at a set value and with zero slippage.
Packages that enable customers to bundle a number of belongings (ERC20 tokens and NFTs) collectively to make one easy commerce.
The important thing distinction that separates YDF from different platforms is that as an alternative of forcing customers to go to YDF’s web site to make the most of the OTC platform, YDF is partnering with different crypto tasks to combine their OTC platform into different tasks’ personal web sites, generally generally known as White Labeling.
This technique advantages all events concerned in that the holders of every challenge can go to their challenge’s trusted web site to make the most of a shared OTC platform between all companions, and each YDF and every partnered challenge will share the charges collected from the OTC platform.
Integrating YDF’s OTC platform has been made straightforward with their custom-built white-labeling course of that lets any challenge absolutely customise the OTC Platform integration to incorporate any challenge’s emblem, branding, and elegance choice.
Detailed details about YDF’s OTC White Label Associate Program may be discovered of their newest Medium article.
Be a part of YDF
Web site: https://yieldification.com/
Platform: https://app.yieldification.com/
Documentation: https://docs.yieldification.com/
Twitter: https://twitter.com/yieldification
Telegram: t.me/yieldification
Electronic mail: help@yieldification.com
Disclaimer: It is a paid put up and shouldn’t be handled as information/recommendation.
