Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
A decentralized lending platform on the EOS blockchain enables users to function both as depositors and lenders simultaneously. In this model, depositors supply liquidity to generate passive income through interest, while borrowers have the flexibility to manage their loans without a predetermined timeframe. The interest rate curve is determined by the utilization rate, meaning that as this rate increases, the parameters governing the interest rate curve lead to a more rapid escalation of interest rates. Upon depositing, the system determines the price of pztoken to calculate the necessary amount needed; pztoken is designed to accrue interest over time, enhancing its value. These interest-bearing tokens can be transferred, traded, or used as collateral, granting their holders the right to redeem the initial deposited tokens. Additionally, the value of pztokens compounds every 15 minutes, ensuring that holders see a continuous growth in their asset. The health factor serves as an indicator of the safety of the debt position; if this factor dips below 1, the associated debt risks liquidation. This innovative approach encourages liquidity and offers diverse financial opportunities within the EOS ecosystem.
Description
YFDAI is dedicated to making finance accessible to everyone and acting as a driving force for the widespread acceptance of innovative financial solutions. The financial services sector worldwide is anticipated to reach a staggering $26.5 trillion by 2022, propelled by the rapid growth of decentralized finance (DeFi), which stands as one of the most dynamic areas in finance today. By offering a comprehensive array of DeFi tools, YFDAI empowers individuals to engage in this financial transformation, enabling them to securely manage and enhance their wealth within a peer-to-peer network. The user-friendly YFDAI dashboard showcases its full range of services, ensuring a seamless experience for users. Among its offerings, SafeSwap serves as a decentralized crypto-asset exchange (DEX) that facilitates the listing and trading of various native crypto tokens. Additionally, YFDAI LaunchPad functions as an incubator service, helping to introduce new project token offerings to the marketplace. Furthermore, SafeTrade provides an automated low-frequency trading bot that is accessible to the public, with discounted rates available for those who stake YFDAI tokens. This comprehensive ecosystem is designed to foster financial empowerment and support users in navigating the evolving landscape of decentralized finance.
API Access
Has API
API Access
Has API
Integrations
Anchor Wallet
DEXTools
Ethereum
Gather
KuCoin
LeafWallet
MetaMask
Polygon (Matic)
TokenPocket
Wombat
Integrations
Anchor Wallet
DEXTools
Ethereum
Gather
KuCoin
LeafWallet
MetaMask
Polygon (Matic)
TokenPocket
Wombat
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
PIZZA.FINANCE
Website
pizza.finance/
Vendor Details
Company Name
YFDAI
Founded
2020
Website
yfdai.finance/