The YFDAI Finance protocol allows users to stake YF-DAI via the dedicated Staking Dapp.
What is YFDAI Finance?
YFDAI is an entire permissionless DeFi ecosystem
YFDAI is an entire permissionless DeFi ecosystem that combines Staking & Farming services and soon, Lending/Borrowing services, SafePredict, and Insurance together with their own DEX called SafeSwap and their own LaunchPad where legitimate projects in the DeFi space can launch their new vetted projects with contract audits, locked liquidity and locked dev tokens in time release smart contracts. Whereas other DeFi protocols rely upon minting new tokens to sustain their staking and farming rewards, YFDAI has allocated tokens for these products which will be replenished with fees generated by the ecosystem. YFDAI also has a deflationary burn mechanism built into the platform that will ultimately reduce the total supply to just 13,950 tokens. YFDAI’s mission is to clean up the DeFi space by de-risking the purchase of new projects by performing due diligence vetting and requiring adherence to the same protocols that YFDAI itself adhered to on their launch. YFDAI’s motto is ‘no more exit scams or rug pulls.’
Join the Movement & Community
Get in contact with the community and ask questions directly to the developers
Get updated at Twitter
Read the tweets, or tweet back on their Twitter channel
Go to Coingecko to see the price history.