Yield protocol is an auto-stake, auto-compound type token. You might have heard this already, but this is not your usual APY token. In fact this is unique and the first of it's kind, because it.... WORKS. More about that later.
The main idea is simple. You hold, you receive tokens in your wallet.
We are the first Alpha-Tier project on GemPad.
Yield is a project focused on DeFi innovation that creates benefits and value for our token holders. Our protocol that is used within the token grants each holder the benefits:
- Low Tax - 2% for buying, from which 1% goes to strengthening our liquidity pool on pancakeswap. 1% goes to the treasury, which will be used to further push the project.
- Easy and Safe Staking - Yield token always stays in your wallet so it doesn’t need to be put into the hands of a 3rd party smart contract. All you need to do is buy & hold as you automatically receive rewards in your own wallet so you don't have to go anywhere and go through a complicated staking process.
- Automatic yield - You need not be worry about having to re-stake your tokens. Interest is paid automatically and compounded in your own wallet, guaranteeing you will never miss a payment. This is called an auto-stake, auto-compunding mechanic.
- First working APY token - Yield pays its holders 200% APY. Other APY token's have a fundamental flaw: they just increase your token numbers, but not give you more value. Let me show it through an easy example: you have 100 tokens. You receive your next interest, which is 100 tokens. Now you have 200 tokens and if no one sold/bough, so the chart didn't move, your 200 tokens are worth the same amount as your 100 before the rebase. Longer explanation.
- Rapid Interest Payments - Interest is paid out every 4 hours.
- Tier System - One feature that makes our token unique is tiered APY system. It means every holder starts from tier 1 and they have to advance to tier 100, in order to receive the maximum APY. This will incentivize holding and reward those who are loyal to the project. You can advance in tiers by selling less than 15% of your current balance within 48 hours! If you sell more you will go back to tier1.
The Yield development team has coordinated all of these elements together so they work seamlessly behind the scenes. The result is a simple and elegant staking and rewards system for $YLD holders, that actually works and not just promising the APY, like regular rebase tokens.