Saturday, October 31, 2020

Yield Bank is the World's First Decentralized Bank for the DeFi Ecosystem


General Introduction

DeFI is a Game changing financial technology designed to simplify and decentralized financial services . DeFi will enable investors all over the world to gain access to varieties of Financial services irrespective of their races, Nationality , financial status , Social status and more . DeFi without doubt with reshape the global financial system and things will never be the same again . In contracts to centralized Financial set up such as Banks, Cooperative Society , Building Society , Insurance Companies and more of them , DeFi will offer similar services in a decentralized manner using a powerful DeFi DApp powered with Smart Contracts. DeFi allows decentralized investment and trading system where all users takes complete control over their funds without involvement of any middle man . The benefits of Decentralized Finance cant be overlooked.

In this article, i will be discussing with my readers about a robust DeFi platform which offers a complete suit of Financial and investment services . This is quite a different innovation compared to what we have been seeing in the DeFi space . I will be discussing extensively about Yield Bank platform and am quite sure my readers will find it more fascinating . As explained earlier, DeFi technology has capacity to delivering a wide range of qualitative financial services in a trust-less , cheaper , safer and more secured manner compared to Centralized Financial system . Yield Bank platform has been developed to offer something very new in the global DeFi space . The have emerged to deliver a very broad financial services for everyone .Those class of world citizen who lack access to banking and other financial services can easily tap the benefits that will be offered by Yield Bank Decentralized Financial ecosystem as long as they are having their internet services. Yield Bank is a DeFi ecosystem designed for the use of masses and no one is left behind .
The era of having to go through a complicated Know Your Customers (KYC) procedure before you could access financial services is over . The Decentralization of Yeild bank allows users to access various financial and investment services irrespective of their location, social and financial status. Yield Bank focuses majorly on Mass adoption of Cryptocurrency and DeFi .

The Team has designed a very simple and highly scalable DeFi DApp which will be capable of handling series of financial and investment services autonomously without any human interference . Details about Yield Bank ecosystem shall be discusses elaborately in the preceding paragraph, do get along with me .


About Yield Bank

Yield Bank is the brain work of team of Financial, investment experts and highly talented developers . The team focuses on offering the most sustainable , safe and highly profitable Yield farming ,trading and investment platform in DeFi Ecosystem . Yield Bank will issue its own native token which will grant the platform users access to all features in the platform . The platform will offer 2 different types of Deflationary token with some unique features of sustainability The Platform will offer create Liquidity Level(LL) via its smart contracts , this will he;p maintaining the market stability and opening new market LP token . All these mechanism will help in maintaining market Price stability and improving market value .Another amazing feature of Yield Bank platform is that it will provide users with unending passive income for the class of Liquidity Provider who locked their liquidity infinitely . In addition, users can stake their Yield Bank (yB) token for earn interest in form of (yCash) token and other benefits.

Yield Bank Token (yB) Token / yCash Token : Primarily yB token is the native cryptocurrency in Yield Bank platform . Staking yB token , users will be able to earn yCash token on Yield Bank platform . Both yB and yCah token are deflationary token designed to stabilize the ecosystem . YCASH token will be used for the payment of (LP), the liquidity Providers for staking yB tokens . With yB tokens , users will be able to access wider range of DeFi products. All users who is holding yb token will be allocated with an account number for internal user . This account number will be an identity of each users will be enable them access their transactions, account balance , transaction charges, status and every details regarding their account .Yield Bank DeFi ecosystem will offer various financial services through their DeFi DApps in a very simple and easy to interact interface . Below are the services users will be able to conduct on Yield Bank Platform
  1. Staking Platform
  2. Arbitraging Platform
  3. Vaults services
  4. 401K Vaults
  5. Peoples Fund
  6. yGasSaver and Automatic compounding
Conclusion

Without any doubt , yield Bank is a top notch DeFi ecosystem which has emerged to reverse the ugly trends in DeFi Space. The team focuses on DeFi mas adopt-ability and sustainability . The platform offers wide array of DeFi products which enable the Banked and Unbanked population all over the world to access varieties of decentralized Financial services in a safer, sustainable and more profitable Platform . Don't miss out . Be part of something HUGE!

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