BTC NOON
  • Home
  • Cryptocurrency
  • Bitcoin
  • Ethereum
  • Blockchain
  • Regulations
  • Altcoin
  • DeFi
  • Web 3.0
No Result
View All Result
BTC NOON
No Result
View All Result
Home DeFi

Introducing Innovative DeFi NFT Utility Protocol, Yieldification

Xiao Chen Sun by Xiao Chen Sun
March 16, 2023
in DeFi
0
Introducing Innovative DeFi NFT Utility Protocol, Yieldification
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


You might also like

Can Ethereum Hit $2,500 Following Increased DeFi Demand?

Kokomo Finance Exit Scam and Swerve Finance Attack Proof of Rampant Defi Exploits In 2023

Ethereum is at risk of losing its dominant status in DeFi — here’s why (ETH-USD)

Whereas numerous NFT utility protocols have stormed the DeFi trade to make the area extra fascinating and environment friendly for fans and customers, Yieldification has emerged as an revolutionary DeFi NFT protocol set to offer the trade with unique utilities.

Yieldification (YDF) is an thrilling DeFi NFT utility protocol that includes each established and revolutionary ideas to combine NFTs in distinctive ways in which haven’t been seen earlier than. With YDF, you’ll be able to count on acquainted concepts applied in new, sensible, and imaginative methods alongside brand-new, revolutionary ideas unique to the YDF platform.

The revolutionary protocol supplies customers entry to a world of alternatives to discover the potential of NFTs in DeFi, in contrast to the rest that at the moment exists. The platform’s revolutionary method means that you would be able to anticipate finding a spread of recent purposes for NFTs that haven’t but been explored and new and inventive methods of utilizing current NFT ideas.

YDF has launched a novel staking mannequin that permits customers to earn yield whereas locking their YDF tokens. Along with the generally used idea of staking, YDF affords an NFT because the “certificates” or “receipt” of the stake deposit, which holds the keys and all metadata. This NFT permits the proprietor to say the yield generated and will be transferred or bought to a different celebration to switch the stake possession. Because of this, stakers can notice earnings on their unique funding with out ready for his or her stake to unlock, creating a brand new marketplace for yield-bearing NFTs.

In the meantime, to offset all emissions created from staking, YDF has built-in revenue-generating utilities, together with futures buying and selling, a custom-built NFT market, and an over-the-counter (OTC) buying and selling platform. Futures buying and selling permits customers to open perpetual lengthy and brief positions in opposition to particular person belongings and custom-created indexes represented by NFTs. The NFT market permits customers to commerce their stake NFTs together with different NFTs, gathering charges as income. The OTC platform affords swimming pools and packages for buying and selling numerous belongings and forms of belongings straight with each other, with low charges and nil slippage.

The trick behind YDF’s excellent mechanism and what units it aside from different platforms is its partnership with different crypto initiatives to combine its OTC platform into their web sites via white-labelling. Customers can go to their trusted mission’s web site to make the most of the shared OTC platform, benefiting all events concerned. YDF has made integration straightforward with its custom-built white-labelling course of, enabling any mission to completely customise the OTC platform integration to incorporate its personal branding and elegance desire

Be 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

E mail: assist@yieldification.com





Source link

Tags: DeFiInnovativeIntroducingNFTProtocolUtilityYieldification
Share30Tweet19
Xiao Chen Sun

Xiao Chen Sun

Recommended For You

Can Ethereum Hit $2,500 Following Increased DeFi Demand?

by Xiao Chen Sun
March 27, 2023
0
Can Ethereum Hit $2,500 Following Increased DeFi Demand?

Despite the largely negative sentiment surrounding Ethereum ahead of the Shanghai Upgrade, ETH has traded above $1,700 for ten consecutive days. Will the current gloomy social sentiment encourage crypto...

Read more

Kokomo Finance Exit Scam and Swerve Finance Attack Proof of Rampant Defi Exploits In 2023

by Xiao Chen Sun
March 27, 2023
0
Kokomo Finance Exit Scam and Swerve Finance Attack Proof of Rampant Defi Exploits In 2023

The decentralized finance (DeFi) niche has tracked phenomenal progression since it emerged in earnest around 2017 but not without major bruises. During this half decade run, the DeFi...

Read more

Ethereum is at risk of losing its dominant status in DeFi — here’s why (ETH-USD)

by Xiao Chen Sun
March 27, 2023
0
Ethereum is at risk of losing its dominant status in DeFi — here’s why (ETH-USD)

gopixa While ethereum (ETH-USD) remains the dominant blockchain in decentralized finance (DeFi), the adoption and usage of the operating system could retreat if it's unable to boost transaction...

Read more

What is KYC & why it is important in crypto?

by Xiao Chen Sun
March 26, 2023
0
What is KYC & why it is important in crypto?

KYC is essential in financial products and services, including cryptocurrency. With regulators monitoring anti-money laundering and terrorist financing regulations more closely, KYC has become increasingly popular. Cryptocurrency transactions...

Read more

Long-Term Holders Are Moving Away From One Ethereum DeFi Altcoin, Says Analytics Firm Santiment

by Xiao Chen Sun
March 26, 2023
0
Long-Term Holders Are Moving Away From One Ethereum DeFi Altcoin, Says Analytics Firm Santiment

Long-term holders of one Ethereum (ETH)-based decentralized finance (DeFi) altcoin are taking a step back from their investments, according to crypto analytics firm Santiment. In a new report, Santiment...

Read more
Next Post
Ethereum can look forward to this ‘stress test’ as Shanghai looms ahead

Ethereum can look forward to this 'stress test' as Shanghai looms ahead

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Where is Ethereum headed?

Where is Ethereum headed?

March 11, 2023
Consumer Confidence in Crypto Strong Despite Turbulent 2022: Paxos Survey  

Consumer Confidence in Crypto Strong Despite Turbulent 2022: Paxos Survey  

March 11, 2023
Musk Will Leverage AI to Detect Manipulation of Public Opinion on Twitter

Musk Will Leverage AI to Detect Manipulation of Public Opinion on Twitter

March 22, 2023

Browse by Category

  • Altcoin
  • Artificial Intelligence
  • Bitcoin
  • Blockchain
  • Business
  • Cryptocurrencies
  • Cryptocurrency
  • Culture
  • DeFi
  • Education
  • Ethereum
  • Featured
  • News
  • Regulations
  • Uncategorized
  • Web 3.0

Recent News

CFTC calls ETH a commodity in Binance suit, highlighting the complexity of classification

CFTC calls ETH a commodity in Binance suit, highlighting the complexity of classification

March 27, 2023
How to Create your Own Cryptocurrency

How to Create your Own Cryptocurrency

March 27, 2023
Ethereum [ETH] whales play ‘shy guy’ ahead of Shanghai Upgrade

Ethereum [ETH] whales play ‘shy guy’ ahead of Shanghai Upgrade

March 27, 2023

Categories

  • Altcoin
  • Artificial Intelligence
  • Bitcoin
  • Blockchain
  • Business
  • Cryptocurrencies
  • Cryptocurrency
  • Culture
  • DeFi
  • Education
  • Ethereum
  • Featured
  • News
  • Regulations
  • Uncategorized
  • Web 3.0

Follow Us

Find Via Tags

Bank banks Binance Bitcoin Blockchain Blog BTC Chain Circle coin Coinbase Crypto data decentralized DeFi digital ETH Ethereum Exchange Fed finance Financial Foundation FTX Heres high Hit hits IBM Launches market Network Platform Polygon Price Project Report SEC Shanghai Stablecoin Supply Top Trading USDC Web3

© 2023 BTC NOON | All Rights Reserved

No Result
View All Result
  • Home
  • Cryptocurrency
  • Bitcoin
  • Ethereum
  • Blockchain
  • Regulations
  • Altcoin
  • DeFi
  • Web 3.0

© 2023 BTC NOON | All Rights Reserved

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?