Aryasatya Radhitya: YFSWAP

YFSWAP

ABOUT YFSWAP?

While the DeFi app has taken over the crypto space in 2020, there is also a dark side to the whole process with frequent 'tapestries' that tarnish the reputation of the industry. The ease of setting up DeFi tokens on Ethereum has also seen a lot of bad apples over the past few months. A prime example of a possible rug is the Uniswap clone, SushiSwap, which has fallen more than 96% since peaking after its release.

Now to put an end to the current problem and give a level of confidence to the DeFi space, YFSwap presents a new generation of DeFi tokens which will be the top versions of Bitcoin and Ethereum.

YFSwap is a financial platform based on Blockchain technology and using the concept of decentralized finance, the AMM based Dex platform was created with the aim of becoming a universal platform with a large number of cryptocurrency pools and options.

Initially there will be 2 options on the YFSwap platform, YFBTC and YFETH, which will temporarily use the Uniswap LP pool and use the independent LP pool when the pool liquidity meets the criteria.

As we know, Uniswap is currently sharing the revenue from swap fees with its own major investors, where on the YFSwap platform, all users can get more than Uniswap and Sushiswap as a result of the results.

This is based on the Scenario of USDT/ETH, DAI/ETH

YFETH is $5

Per Block Yield Farming rewards are 0.4 YFETH ( First month)

Assuming 7.5(2.5+2.0+1+1+1) weightage = 0.4/7.5 = 0.05333

BITTO/ETH 2.5x

YFETH/ETH 2.0x

USDT/ETH

DAI/ETH

USDC/ETH

15,000 YFETH will be used for yield farming(currently, only around 8000 distributed. 1st rank contract holding will all be burned after 18th) What this means is that the ROI will be higher than stated.

https://etherscan.io/token/0xE52294152805e304803c93b700266DDFE99eaB32#balances

15,000 YFETH @ $5 = $75000. LP is a pair of same value. so each side of the pair is valued at $75,000 = $150,000 total LP pair value

Per hour 0.0533*240 = 12.8(Total Block reward per hour)*$5 YFETH value= $64 is the estimated reward in YFETH VALUE per hour.

ESTIMATION FARMING YFETH PER HOUR ROI ACCORDING TO THE ABOVE SCENARIO

$64/$150,000 = 0.042% (YFI/ETH) 1x

2.5x*0.042% = 0.106% (BITTO/ETH) 2.5x

2.0x*0.042% = 0.084% (YFETH/ETH) 2.0x

please visit the link below:

Website: https://www.yfswap.finance/

Twitter: https://twitter.com/yfswap

Telegram: https://t.me/yfswap

Medium: https://yfswapfi.medium.com/