REVIEW OF YF MOONSHOT PROJECT

in #yfmoonshot4 years ago

YF Moonshot is a new DeFi platform with a decentralized funding model set to attracts all digital currency investors. The platform is opened to all irrespective of your financial capability, thus enabling everyone to take advantage of the opportunities always available to large investors in the traditional economy, making it possible via a number of platforms, apps or protocols that are traditional Financing simulates market structures through blockchain technology as well as through distributed governance, where the entire user community can manage the platform and make their investments in the best possible way using the structures and processes that allow everyone to benefit from a stable dollar coin, such as the DAI among others.

YFM.JPG

YF Moonshot decentralized its investment and loan protocols, If everyone can take advantage of the opportunities in the crypto world to effectively capture the fiat coins issued by central banks to YF Moonshot, then there will be an efficient and effective alternative for everyone, so YF Moonshot solutions will be developed on the Ethereum ERC -20 tokens and structures, which are made easier for everyone by smart contracts, can use and use the new DeFi-wave. This is one of the potential projects of the Defi-Protocol YF Moonshot to be live and deliver its full potential to all, the company has ERC-20 tokens and structures that can be leveraged through smart contracts for all users to use Defi-Wallet.

UNIQUENESS OF YF MOONSHOT

  1. YF Moonshot (YFMS) is built as a DeFi protocol that permit users to place their assets in various pools and earn YFMS, which is the platform token.
  2. Investors who bought and held on to their asset as well as utilize it on the platform will earn additional $YFMS overtime.
  3. Investors can as well invest stable coins such as USDT, DAI, and TUSD tokens, into various available pools in order to farm $YFMS.
  4. More pools will be made available in the nearest future as the platform expand with her unique development.

YFMoonshot will also implement a burning mechanic where half of the daily income generated by the assets placed by the user will be automatically used to buy the ETH and exchange it for YFMS tokens in the market. These YFMS tokens are then incinerated to provide further price support. This combustion occurs every day at 00:00 UTC.
In addition, in the foreseeable future, 0.4% of the bonus offer will be distributed daily at 00:00 UTC in order to guarantee a sustainable bonus from YFMS and price support. This means that on the first day of the start of the mission 20500 x 0.4% = 82 YFMS will be distributed from the treasury, on the second day (20500–82) x 0.4% = ~ 81.67 YFMS and so on.

YFM Summary.JPG

Presale Details of the Project

  1. Advance sales are currently planned for the near future and will be announced shortly.
  2. Advance sales are subject to availability.
  3. Advance sales run for 7 days or until the upper limit is reached.
  4. All unsold tokens will be burned immediately.
  5. $YFMS trading in Uniswap begins immediately after the pre-sale has ended.
  6. YF Moonshot will add Uniswap liquidity from the ETH pool.
  7. Liquidity pool will be locked for a year in order to allow steady growth just as liquidity will gradually be increased to support the price support for YFMS.

You can get more details about the project via these channels:

Website: https://www.yfmoonshot.com/
Twitter: https://twitter.com/yfmoonshot
Telegram: https://t.me/yfmoonshotchat
Medium: https://medium.com/@moonshotfinance
Discord: http://discord.gg/HpwNn7P

Writer's Info

Forum Name: Wingleness
Forum URL: https://bitcointalk.org/index.php?action=profile;u=2365425
Proof Of Authentication: https://bitcointalk.org/index.php?topic=5275465.msg55217196#msg55217196