If you are a crypto user, you must already know what the decentralized finance protocol is and what its benefits are for us, crypto users. But if you are not a crypto user, let's remember again what decentralized finance is.
Decentralized finance is a protocol that allows developers to implement traditional financial instruments onto a decentralized platform which is usually based on Ethereum blockchain. With this protocol, users can access various features such as a stake, swap, lend, and liquidity mining. For now, DeFi is a sector that is growing quite rapidly in the crypto market with a market valuation of up to $ 17mth USD at present and has the opportunity to grow in the future.
On this occasion, we will discuss one of the new DeFi platforms that want to offer DeFi features and solutions to crypto users - this platform is Yearn Finance Platinum.
Yearn Finance Platinum: Revolutionizing DeFi
Yearn Finance Platinum is a platform developed by 2 people, namely Tokarev Sergey and Vaclav Kadlek who are crypto enthusiasts. At first glance, Yearn Finance Platinum is generally almost the same as other DeFi platforms, which offer DeFi features such as staking, yield farming, and liquidity mining.
Yearn Finance Platinum carries the jargon "Revolutionizing DeFi By Combining the Benefits of Yearn Finance and Governance." This means that Yearn Finance Platinum is a platform that provides DeFi features and allows people to participate in the governance of the platform. Thus you, as a user, can participate in making platform decisions by voting.
Looking at the information from their website, we can see that Yearn Finance Platinum provides the same features as other DeFi platforms, but we cannot confirm whether they provide lending. However, we can confirm that they provide the 2 features below;
- Staking: Yearn Finance Platinum provides a staking feature that allows users to maximize their profits.
- Governance: token holders have the opportunity to participate in the decision-making process of the Yearn Finance Platinum platform.
As previously explained, Yearn Finance Platinum provides tokens that you can buy at a price of 1 ETH per token. Yearn Finance Platinum launched the token under the name YFPL with a limited supply of 3333 tokens. Yearn Finance Platinum does not limit the purchase of these YFPL tokens, and if you buy this token now, then you have the opportunity to get a 10% bonus for every 5 ETH you spend.
It is planned that Yearn Finance Platinum will allocate a number of tokens for platform development, such as social network developments, bitcointalk, and discords thread creation, 5 AMA sessions, and youtube promotion. If you are interested in investing in YFPL tokens, you can visit their site.
Yearn Finance Platinum is a platform that provides DeFi features and solutions that allow users to maximize their profit. Yearn Finance Platinum intends to become a platform that will revolutionize DeFi by combining the advantages of yearn finance and governance, which provides the best DeFi features and at the same time becomes a decentralized platform that allows users to participate in platform development. However, it should be noted that investing in the DeFi platform has risks and you already know it, but if you are really interested in the Yearn Finance Platinum platform and want to buy their tokens immediately, then you can visit their site whose link I have provided below.
- Yearn Finance Platinum intends to become a platform that will revolutionize DeFi by combining the advantages of yearn finance and governance.
- Yearn Finance Platinum is a platform developed by 2 people, namely Tokarev Sergey and Vaclav Kadlek who are crypto enthusiasts.
- Investors have the opportunity to get a 10% bonus for every 5 ETH they spend.
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