The Birth of: Yearnlab.com
Yearnlab is a cross-chain staking protocol.
Yearnlab is an innovative decentralized yield farming ecosystem associated with the Binance Smart Chain. Through a set of different investment strategies enforced by smart contracts. Yearnlab automatically quintuple user’s rewards from various liquidity pools, automated market making projects and other opportunities present in the decentralized finance ecosystem. It operates across multi-chain. It is a fast, reliable, efficient, easy-to-use platform.
This platform includes features that will enable you to earn automatic Yearnlab tokens as reward. These token can then be used by our validators to exercise their voting rights in the important activities and initiatives of our platform. Decentralized networks like ours provide a handful of opportunities, including smart investment strategies, automated marketing strategies and other opportunities available in the decentralization finance world. However, Yearnlab stands out among its counterparts due to its multi-chain trading facilities. Yearnlab is not confined to one blockchain, its aim is to entertain users across multiple blockchains.
Furthermore, Yearnlab has tried to maintain its distinct reputation in the market through simply introducing advancements in the most basic offerings of yield farms, that is, decentralized exchanges, staking and governance. This was mainly done to facilitate its users
Additional benefits that Yearnlab is offering, includes high security smart contracts, RFI compatibility, cross-chain liquidity, multi-chain staking as a service, farm assets on multi-chain, larger base of native currency Binance coin users (BNB), lower transaction fees, and an efficient platform to entertain large number of users at a time.
What is MultiChain Yield farming?
In MultiChain Farming assets, Liquidity Providers (abbreviated: LPs) provide liquidity to the protocol’s different liquidity pools either based on etherum/bsc/polkadot. Liquidity pool is simply a smart contract that contains money in it. These pools allow users to borrow, lend or exchange tokens. Those provide liquidity get reward.
Features available at launch
Yearnlab has incorporated certain features in its platform for pre-launch. More features are being designed to facilitate our user base. Because, our key motive is differentiation. Differentiation is an important key to longevity and sustainability of any project. Therefore, we have differentiated our platform from other yield aggregators through introducing innovation in important features, such as: staking RFI and governance.
Yearnlab Staking
Staking enable to earn specific amount of tokens through locking their funds in a staking pool. This phenomenon allows user to utilize idle funds. The key essence of staking lies in its ability to generate yields through uncertain market movements. Uncertainty is a significant element in financial market however, staking helps to overcome this problem.
At Yearnlab we let you stake $YLB tokens, or newly generated token in your described names. These tokens will be backed by Yearnlab. These tokens will then provide you other benefits too. Moreover, Yearnlab provides multiple pool for liquidity providers, YLB/YLB, YLB/BNB, YLB/BUSD. In addition to that, YLB provides an
APY of 150,384.84%
DPY of 412%.
Moreover, unlike other staking pools where liquidity providers has to lock up their funds for a given time period, users of YLB platform can enter or exit a staking pool at any time, though there is limit on withdrawal.
Governance
The motive of governance is the facilitate participants and align their interests in such a way that leads to the long-term sustainability of the organization.
Yield farms such as our project are decentralized structures. To keep the essence of decentralization and introduce democracy in the structure it is necessary to have voters among us. Once you stake your funds at our yield farm you earn rewards. These rewards then give you voting rights that you can use to participate in decision making.
The crucial elements of any blockchain governance are: consensus, incentives, information and the governing structure of the respective platform. We ensure effective delivery of these basic elements.
PRODUCTS IN PROGRESS
Cross chain liquidity aggregation protocol
Interoperability among blockchain is a burning concern at the moment. Cross chain liquidity aggregators address this issue through aggregating liquidity resources from multiple decentralized exchanges, and their own cross-chain pools.
Yearnlab will soon declare itself as a cross-chain liquidity aggregator protocol. This platform will soon allow free trading among different chains including etherum, polkadot. Our project aims at becoming a multi-chain co-existence.
Seamless withdrawal using Prepaid & PayPal integration
Yearnlab is working on to provide its users a seamless withdrawing facility through credit cards and PayPal integration. This will be done by through a third party. This feature will not violate any blockchain laws.
Multi-chain staking as a service
Yearnlab plans to provide multiple cross-chain and multi-chain services to blockchains. The aim is to connect heterogeneous blockchains to transfers assets smoothly. To cater the prevailing issue of trading restriction among different blockchains, Yearnlab will soon offer multi-chain staking as a service in its platform. Stay tuned for update.
Asset farming on multi-chain
As a cross-chain protocol, Yearnlab developer are working to bring asset farming on multi-chain to this platform. This is top priority after project launching. In MultiChain Farming assets, Liquidity Providers (abbreviated: LPs) provide liquidity to the protocol’s different liquidity pools either based on etherum/bsc/polkadot. Liquidity pool is simply a smart contract that contains money in it. These pools allow users to borrow, lend or exchange tokens. Those provide liquidity get reward.
What else Yearnlab is offering?
There are several other benefits that you acquire from Yearnlab besides it’s advancements in technicalities of staking, and governance
No profit restrictions
Yearnlab does not put any restrictions on its users regarding profit taking. Users on our platforms can earn without any limitations. Simply, provide liquidity to the liquidity pool. In this way the liquidity pool owe you funds and pay you back in means of Yearnlab tokens
Why Yearnlab Developed on BSC Chain
Yearnlab offer’s its users the facility of lower transaction fees and faster delivery it can only achieved through BSC chain. We know how much you dislike higher gas fees and any other hidden charges, to counter your concerns we bring you the facility of lower fees and faster delivery in one platform.
Personal funds security
Personal funds security is another crucial concerning factor for most investors. The fear to fall in the hands of black sheep refrain most investors from trying new investing opportunities to generate passive income. Yearnlab is concerned about its users. Hence we offer a completely secure platform that does not have any loop holes of information leaking holes. We provide safety of your funds from malicious actors.
Conclusion
Yearnlab is a cross-chain protocol. Unlike its counter parts, Yearnlab’s aims to bring the most updated service of DeFi to its users. A smooth a reliable trading between heterogeneous and homogeneous blockchains is the top priority of Yearnlab.
To know more about us, visit our website: https://yearnlab.com/
Social Links:
- Website: https://yearnlab.com/
- Github: https://github.com/Yearn-Lab
- Telegram: https://t.me/yearn_lab
- Twitter: https://twitter.com/yearnlab
- YouTube:
- Reddit: https://www.reddit.com/r/yearnlab/
- Medium: https://yearnlab.medium.com
- White Paper: https://yearnlab.com/whitepaper.pdf
