The cryptocurrency received its name because it uses encryption to verify transactions. This means advanced coding is involved in storing and transmitting cryptocurrency data between wallets and to the public ledger. The purpose of encryption is to provide security and safety. The first cryptocurrency was Bitcoin, which was founded in 2009 and remains the most recognized today. Much of the interest in cryptocurrencies is trading for profit, with speculators sometimes pushing prices into the sky.
The company's main product is the $Y360 token, with an excellent value proposition to benefit token holders.
Through the use of YIF's Y360 insurance fund, Yield360 allows its users to earn those higher returns by simply keeping $Y360 in their wallet. The full protocol consists of the following features:
$Y360 is the native token on the protocol which also serves as the network's native currency. All rebase interest is paid in $Y360 tokens along with many other utilities of this token.
Yield360.io , The First 2.0 Asset Multiplication Protocol Developed on Binance Chain. It is an automated gift creation and distribution protocol with an estimated interest rate of 0.0205% within 13 minutes.
Yield360 has also taken its share by introducing a product that can provide a constant stream of returns throughout the day. The Y360 protocol offers a return on investment after every 13 minutes, i.e. 110.76 times a day, and 39.433 times a year; with a fixed total APY of 360,000%
Yield360.io Features
- Rebase tokennomicsYield360.io rebase tokenomics Yield360.io uses a complex set of factors to support rebase pricing and rewards. This includes (YIF), which acts as an insurance fund to ensure price stability and long-term viability of the Y360 Protocol by maintaining a 0.0206 percent rebase rate paid out to all $Y360 token holders every 13 minutes.
- Safe simple betY360 tokens are always stored in your wallet and there is no need to stake in high risk betting contracts. All you have to do is buy and hold it, and it will automatically multiply the rewards in your wallet, eliminating the need to learn stake/unstake mechanisms and avoiding additional tax fees for staking operations.
- insurance fundThe $Y360 Insurance Fund, an acronym for YIF, is an independent wallet within the YAP Y360 system. YIF is funded by a fraction of the buying and selling fees collected in the YIF wallet and using the algorithms that underpin Rebase Rewards. Simply put, YIF parameters support staking rewards (rebase rewards) which are distributed every 13 minutes at a rate of 0.0206 percent, guaranteeing $Y360 token holders with high and stable interest rates.
Reduction of downside-related risks: Ensure long-term sustainable growth by maintaining a constant growth rate Ensure price stability through a rebase strategy.
- fire pitFire pits account for about 1.5 percent of all $Y360 traded. The number of tokens burned is directly proportional to the circulating supply, the more that is traded, the more is added to the fire, causing the fire pit to grow in size through self-fulfilling Auto-Compounding, reducing the circulating supply and keeping the Y360 protocol stable.
- Automated liquidity management protocolLiquidity can be seen as a large pool of money divided in half between $Y360 and $BNB tokens. There is a conversion rate set to the amount of $Y360 available through BNB, for example: 1 BNB equals 36.44 Y360.
- Earn 360 TreasuryTreasury is critical to the YAP Y360 protocol. It serves three critical components for Y360.io's growth and long-term survival. The Treasury is another source of funding for YIF. This extra help can come in handy if the price of the $Y360 token drops drastically. This contributed to the formation of the base price of the $Y360 token.
- APY . FormulationThe Y360.io protocol is based on a simple daily interest compounding formulation. Where A represents the future value of your investment P represents the primary investment. r is the decimal interest rate, and n is the number of times interest is compounded in a given time. t represents the total time required for the investment to mature. It is important to note that the rate r and time t must be expressed in the same unit of time, such as months or years. Based on a 365 day year, the time conversion is 30.4167 days per month and 91.2501 days per quarter. A year has 360 days, with 30 days per month and 90 days per quarter. In this case, suppose a user invests $1000 worth of $Y360 for a year with 0.0206 percent compounding every 13 minutes, he will end up earning $360 million upon maturity of his investment.
Investing and re-investing crypto assets in suitable betting pools is a nerve-wracking process. Admittedly, it takes research up to a day or longer to discover that betting pools, once discovered, are coupled with hefty transaction fees that soak up the core of the entire betting process. That's where auto-staking comes in.
As the name suggests, auto-staking is the automation of the reinvestment process. By default, the auto-staking protocol is built on the basis of auto-combination, the correlation of the two is so significant that in many literary documents, the two terms are used interchangeably.
Hence, auto-staking protocols have a fair tendency to offer exponential returns to their users. Thus, Yale360 was able to support the highest APY at 360,000%
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