Yield360 - First 2.0 Asset Multiplication Protocol Offers 360,000% APY on Binance Chain

cryptoinmind (30)in #yield360 • 3 years ago

Overview

Today our financial system and all its services are completely centralized. Banks, stock markets, insurance companies, and other financial institutions all have someone in charge, whether it be a company or a person that controls and offers these services. This centralized financial system or CEFI has its risks- mismanagement, fraud, and corruption to name a few. But what if we could decentralize the financial system as a whole in the same way, Bitcoin decentralized Money? That’s exactly what DeFi is all about.

DeFi is a term given to financial services that have no central authority or someone in charge. Using decentralized money like certain cryptocurrencies that can be programmed for automated activities we can build exchanges, lending services, insurance companies, and other organizations that don’t have an owner and aren’t controlled by anyone.

Investors across the globe are chasing low-risk-high-yield returns in a booming wave within the technology sector of Decentralized Finance (DeFi) and noting that cryptocurrency, in general, is opening up new possibilities across the whole financial industry.

By far DeFi is showing favor to becoming the easiest and agreed-upon way to make your money work for you in an environment where cryptocurrency holders can lock or stake their tokens and receive high-interest rates that most thoughts were unachievable.

The developers of Yield360 have introduced the Yield360 Autostaking Protocol, a DeFi 2.0 protocol that provides a decentralized financial asset that rewards users with a sustainable fixed compound interest model through the use of its unique proprietary protocol.

What is Yield360?

Yield360 is a DeFi development company that designs next-generation DeFi 2.0 solutions, in an attempt to improvise the staking module, with its Yield 360 auto-staking protocol. The main product of the company is the $Y360 token, with extraordinary value propositions to benefit token holders.

Yield360 provides a decentralized financial asset that rewards users with a sustainable fixed compound interest model through the use of its unique proprietary Auto Componding protocol. Yield360 delivers the industry’s highest fixed APY, paid every 13 minutes or 110 times each day, and a simple buy-hold-earn system that grows your $Y360 portfolio in your wallet at a lightning-fast pace.

Features of Yield360

Yield360 Autostaking Protocol (YAP)— Highest Fixed APY — Yield360 provides token holders simplicity, security, and a consistent fixed high yield return of 360,000% APY from their staking. It is used in the Y360 token.
Low Risk — Yield360 Insurance Fund (YIF) — 1.5% of all trading fees are stored in the Yield360 Insurance Fund helps sustain and back the staking rewards by maintaining price stability and greatly reducing downside risk.
Staking — Easy and Safe — The Y360 token always stays in your wallet it doesn’t need to be put into the hands of a 3rd party or centralized authority. All you need to do is buy & hold as you automatically receive rewards in your own wallet so there are no more complicated staking processes at all.
Interest Yield — Automatic Payments — You need not be concerned about re-staking your tokens. Interest yield is paid automatically and compounded in your own wallet, guaranteeing you will never miss a payment.
Highest Fixed APY — Yield360 pays out at 360,000% in the first 12 months which rivals anything in the DeFi arena to date.
Rapid Interest Payments — The Yield360 Protocol pays every Y360 Token holder each and every 13 minutes or 110 times each day, making it the fastest auto-compounding protocol in crypto.
Auto Token Burn (Fire Pit) — One of the exciting features of the Yield360 Protocol is an automatic token burn system named “Fire Pit” which prevents circulating supply from getting out of hand and becoming unmanageable. The Fire Pit burns 1.5% out of all Y360 Token market sales are burned in the same individual transaction.
Yield 360 Treasury - The Treasury is critical to the Y360 YAP protocol. It serves three important components for Y360.io's growth and long-term viability. The treasury is another source of funding for the YIF. This extra assistance could be useful if the price of the $Y360 token falls dramatically. It contributes to the formation of a $Y360 token floor price.

How Does Auto-Staking Work?

The Yield360 Auto-Stake feature is a simple yet cutting-edge function called Buy-Hold-Earn, which provides the ultimate ease of use for $Y360 holders.
Buy-Hold-Earn — By simply buying and holding a $Y360 token in your wallet, you earn rebase rewards as interest payments directly into your wallet. Your tokens will increase every 13 minutes.
Using a Positive Rebase formula, Yield360 makes it possible for token distribution to be paid directly proportional to the epoch rebase rewards, worth 0.0206% every 13 minute epoch period of the total amount of $Y360 tokens held in your wallet. The rebase rewards are distributed on each EPOCH (13 minute rebase period) to all $Y360 holders.
This means that without moving their tokens from their wallet, Y360 holders receive an annual compound interest of 360,000% for Year 1.

How do they provide So high APY?

Y360 buys and sells fees are an important component of the Yield360 Protocol. They provide capital for performing critical functions to the protocol. The amount of the fees (9% for buys and 11% for sells) allows Yield360 to provide $Y360 holders with a stable high yield of 360,000% annually.

Buy Trading Fees:
LP 3
YIF 1.5
Treasury 3
Firepit 1.5

Sell Trading Fees:
LP 3
YIF 1.5
Treasury 5
Firepit 1.5

$Y360 Token

$Y360 is the native token for which interest rebase rewards are paid. Every token holder automatically receives 0.0206% interest every 13 minutes just for holding $Y360 tokens in their own wallet! $Y360 is a Bep20 token with an elastic supply that rewards its holders with a positive rebase formula, thus creating the Highest Paying Auto-Staking & Auto-Compounding Token.

Conclusion

Yield360 is a Defi protocol that is set to outpace bitcoin by paying regular compound interest to all Y360 token holders of up to 360,000% each and every year with a 100% guarantee of execution. There aren’t many guarantees in this world especially when it comes to financing but with Yield360 it actually is.

What makes Yield360 different is its elegant design of architecture where all the interest cycles are predetermined and hardcoded into the programming of the Yield360 protocol itself. Basically put there are EPOCH cycles ready preset and because it’s written into the blockchain smart contract it is completely impossible for any cycle or interest payment to be amended or changed. Investors will receive up to 0.0206% every 13 minutes of interest paid each cycle compounded. Cycles guaranteed, automatic payouts, secure cryptography on the blockchain, and it’s completely decentralized to ensure safety and security.