- $YFUEL is a yield farming platform and a direct fork of $YFI, with a total supply of 20k tokens and a circulating supply of 11,000.
- Following the listing on DEX Uniswap, this is the second listing of YFUEL within a month.
- The spot trading of YFUEL against USDT will be open at 08:00 pm on Sept 20, 2020 (UTC+8).
YFUEL Finance (YFUEL), a project that aims to bring the true value of yearn finance accessible to all users issued by Aurega, which is a DeFi, will be listed on the cryptocurrency exchange CoinTiger on Sept 20, 2020 (UTC+8). This is the second listing of YFUEL following its recent one on the DEX Uniswap in this early month.
YFUEL is a yield farming platform and a direct fork of $YFI, with a total supply of 20k tokens and a circulating supply of 11,000. All liquidity is locked for a year. The developers have eliminated minting privileges and capped the supply. $YFUEL has successfully completed an audit by Adis Begic.
Staking is currently in beta and available for $YFUEL holders in a pool rewarding 88% APY (limited to 2,000 tokens). Future pools will reward 78% APY. After the official release of the pools, the developers will begin to develop vaults for the $YFUEL network. Check YFUEL staking here: https://staking.yfuel.finance/.
The future farming of $YFUEL will happen on the #Polkadot network. This transition is being made by the developers and will give $YFUEL a tremendous leg up on competing for yield farming platforms who will be stuck on $ETH as climbing gas prices and traffic contribute to trouble the network. $YFUEL will also be integrated on the #Chainlink network improving data price feeds. More news on these developments is on their way.
Another addition to the $YFUEL network is UniFuel. UniFuel is a fork-token of $YFUEL. 50% of $UniFuel is for holders, 30% for pre-sale and the rest (20%) will be locked and reserved for $YFUEL yield farming. $UniFuel will be air dropped to all holders! Snap shots will be taken to verify holders. More details to come on how $UniFuel will benefit both holders and the platforms ecosystem as a whole.
Created by Aurega Liev, $YFUEL is one of the few projects in DeFi that doesn’t have an anonymous founder. Transparency and availability are key features in the development of the community.
The deposits of YFUEL Finance will be available from 12:00 Sept 20, 2020 (UTC). Trading will open at 08:00 pm Sept 20, 2020 (UTC), while withdrawals will open at 10:00 pm Sept 20, 2020 (UTC).
CoinTiger is a global digital asset exchange based in Singapore. CoinTiger boasts over 2.8 million registered users across 40+ countries and has more than 120,000 daily active users. In addition to being a prominent exchange platform, CoinTiger also provides financial services, consulting, and funding to support the growth of promising blockchain projects. CoinTiger consistently ranks as one of the top 30 global exchanges by trading volume.