/biz/ - Business & Finance

YFL is up 40% in the last 24 hours and so much is going on with this project I don't even know where to begin.

It's an ecosystem designed by and for Linkmarines

Their main feature is an exchange which is exploding in volume and liquidity, and has unique innovative properties that other DEXs don't have, such as ruglock (a circuit breaker which protects liquidity providers in case of a sudden price dump, e.g due to a rug pull) and sliplock (dynamically adjusts exchange fees with volatility, When fees are higher it ups the fees to protect LPs/compensate them more for the higher risk of being arbed. When volatility lower it reduces fees to undercut uniwap)
Linkswap has recently been added to both 1inch and Paraswap, DEX aggregators

However they have many other features. LINKPAD is basically a hedge fund that takes fees from other parts of the ecosystem and invests them in seed stage crypto products. You know when people complain about seed buyers buying in at 1/10 of the price before anyone else can? That's basically what LINKPAD does. They've made their first investment already, Sovryn BTC:
https://blog.yflink.io/linkpad-investment-update-our-investment-in-sovryn-btc-based-defi/
Thanks to their partnership with Blockventure, they get a constant stream of seed phase projects to invest in:
https://blog.yflink.io/team-07-linkpad-update-partnership-announcement-and-advisory-onboarding/