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/biz/ - Business & Finance

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23026875 No.23026875 [Reply] [Original]

YGY - A community owned DeFi yield farming environment with a novel take on stable coin yield boosting through leveraging unique collateralized systems and vaults with fresh governance mechanics.

Main features of YGY:
>YGY uses a unique governance model that limits the range of proposal types available. Rather than leaving total direction of the Platform up to random community members, YGY offers a complete and self contained base system which users may adjust within a narrow set of parameters.
>YGY is owned by both the community, and, itself. Through holding the YGY token, a wallet may obtain access into the farming and governance system. Users interested in experimenting with the Governance Platform may stake their YGY in weighted pools which adjust variables within the smart contract system.
>LP+ gives YGY an experimental edge acting as a living smart contract layer within the platform. This layer grows and stakes its own supply of YGY to ensure the health and wellbeing of the system far into the future. This entity also operates the YGY Regenerator rebuy mechanism for the express purpose of increasing the value of the YGY token through repurchasing and burning.
>Farming in the YGY platform provides users with the opportunity to boost their low risk stablecoin pool yield farming operations by expanding typical yield algorithms with our unique collateral pool flash loan integration. YGY specializes in providing mechanisms for other DeFi systems to leverage.

More information to be found on their medium - actually a well written article - looks promising so far, hopefully they can promote themselves well and deliver the platform.

I will definitely keep an eye on it - still got to find out whether it's trustworthy (or atleast kinda kek) - looks fine so far!

>> No.23026941

>>23026875
Boosted yield farming system that rebuys (compounds) your own coins to create bigger farms with locked liquidity over time periods? $CORE but better?

>> No.23027080

>>23026941
Thats what it sounds Iike to me. Might be worth a small investment

>> No.23027094

that's actually really interesting, i need to read more about this

>> No.23027129

>>23027094
you'll find everything you need in the discord and telegram

gg/njPwEqr
t.me/ygyboost

>> No.23027155

>>23027094
>i need to read more about this.

Yes you should - do your own research, talk to the team aswell as other potential investors. Personally I am convinced after talking to devs, they seem based based. Remains a risky call ‘yf clone with presale’ hasn’t done well lately!

>> No.23027182

>>23027129
>you'll find everything you need in the discord and telegram

Don’t forget the medium link! It’s a good read!

>> No.23027325

>>23027182
it’s actually well written and bullish

>> No.23027567

>>23026941
Fuck me. Gotta check for myself lmao

>> No.23027655

>>23027080
This, no regrets.

>> No.23027785

>>23026941
>$CORE but better?

That’s exactly what this is anon.

>> No.23028068

>>23026875
Thanks OP - apeing into it for sure if they somehow manage to provide more legitimacy.

>> No.23028140

Fags

>> No.23028255
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23028255

>still no contract or token after a week of biz threads

>> No.23028414
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23028414

>>23028255
Impatient nigger

>> No.23028998

>>23028414
some people don't deserve to make it

>> No.23029026

>>23028068
Copy.

>> No.23029185

Sad that pajeets from other shillpost ruin the thread, looked quite good at the start.