ABOUT DEFYIELD
DefYield is a DeFi ecosystem, having fixed supply of DEFY tokens, aiming to provide great yield generating investments’ strategies to long-term crypto investors in both markets going up or down.
Presently, the usual practice to secure assets during market dumps is converting them to stable coins which can thereafter be staked or farmed into various DeFi protocols generating yields on the underlying assets.
However, currently there is no incentive to hold cryptocurrencies during market’s dumps other than further accumulation. Therefore, to reward holders with accurate portfolio’s and own liquidity’s management, DefYield aims at implementing new autonomous yields generating solutions. It facilitates in automatically yield generation based on best opportunities present in the market.
INTRODUCING DEFY
The native token of the DefYield ecosystem, called DEFY, will facilitate holders to stake or farm their assets into capital pools with different pre-defined lock-up terms, for returns inline with dynamic APY. However, all these pools will offer the option to stakers and farmers to withdraw their assets at any time by absorbing a Premature withdrawal fee (“PWF”) if the assets are withdrawn before the period of the lock-up term.
These PWF will be the first revenues’ source for stakers and farmers who have accurately managed their portfolio and own liquidity’s requirements. Indeed, an investor managing properly his cash flow forecasts and portfolio allocation will be comfortably able to stay within the selected pool until the end of the lock-up term thus avoiding him to pay any PWF. Moreover, it will allow them earning the PWF from investors who withdraw their funds due to liquidity requirement or due to unfavorable market moves.
Further, a second yield generating mechanism will be implemented to seamlessly generate income for DEFY stakes and farmers. Indeed, every new product of the DefYield ecosystem will require an entrance fee and apply a profit-sharing on the generated revenues. Both of these incomes will be sourced to stakers and farmers.
Unlike most of other DeFi protocols existing nowadays, these two mechanisms will continuously generate yields to stakers and farmers in a non-inflationary way. Indeed, no additional DEFY token will ever be minted thus distinguishing it from other inflationary tokens which have to continuously mint new tokens to enhance their APY.
STAKING & FARMING POOLS
In inception stage, DefYield will enable users to stake DEFY tokens or farm DEFY/ETH & DEFY/USDT LP tokens.
The details of the available staking and farming pools can be retrieved at any time on our website: https://defyield.com
Availability of all these pools on the website will be will be suitably informed. Each investor can join the desired pool as per his convenience. The end of his lock-up term will be calculated automatically by the Smart Contract.
Moreover, each time a pool reaches the lock-up period of a faster pool, investors’ funds will be auto-mode transferred into the faster pool (in this case the PWF and rewards will automatically be updated to match those of the latest pool in which the tokens are moved into).
- For example, an investor stakes DEFY in the pool-D on Day 1 with PWF amounting to 14.3%.
- On Day 60, the tokens will be automatically transferred into the pool-C and PWF will amount to 7.1%.
- On Day 95, tokens will be automatically transferred into the pool-A and PWF will amount to 3%.
- Finally, on Day 110, tokens will be automatically transferred into the pool-A and PWF will amount to 1.3%.
Later, additional tokens’ pools will be created on demand of community proposals, once the governance will be implemented. Moreover, to increase buying pressure on DEFY and generate continuous yields to the DEFY holders, every additional tokens’ pool will require to stake the amount corresponding to the PWF in DEFY. This mechanism will enable new investors to benefit of the hedge offered by the DefYield ecosystem without having to sell their tokens. In the meantime, it will also offer to DEFY holders a continuous price rise of their tokens, due to condition of buying DEFY tokens to access DefYield amazing features.
REVENUES
As previously mentioned, the DEFY staking and farming revenues will be generated by 3 different streams (PWF + Joining fees + profit sharing). These revenues will be allocated as follows:
PWF revenues allocation:
- 5% to developer fund
- 95% to stakers/farmers according to their share of their respective pool
- Joining fees + profit sharing allocation:
- 5% to developer fund
- 40% to stakers (equally shared between all the staking pools)
- 55% to farmers (equally shared between all the farming pools)
LIQUIDITY
DefYield has opted for the following solutions to take care token liquidity for trading:
- 35% of token will be locked for liquidity.
- PWF, entrance fees and profit-sharing are distributed more importantly to farmers to increase their revenues and incentivize them providing liquidity to the DefYield ecosystem.
BUYING PRESSURE
In order to continuously maintain the buying pressure, thus encouraging and incentivizing holders to join and stay within the DefYield ecosystem, the following features will be implemented:
- Staking and farming PWF aim to increase and maintain the TVL thus decreasing the DEFY circulating supply.
- Fixed total supply of DEFY, staking and farming revenues’ streams guarantee to the DEFY holders that the market price of the tokens will not be affected by an infinite increasing supply.
- Total supply of DEFY will be capped at 13,000 tokens and no further DEFY minting will ever be possible.
- Additional tokens’ pools will require to hold the amount corresponding to the PWF in DEFY thus continuously increasing the demand of DEFY tokens.
PRESALE
The details regarding our future presale will be released in due course. As of today, the following information can already be disclosed about the future DEFY presale:
- Softcap: 150 ETH
- Hardcap: 400 ETH
- Presale base price: 1 ETH = 15 DEFY
- Min Buy- 0.2 ETH; Max Buy- 20 ETH
- Unsold tokens will be allocated to those who have invested in presale. For example, if the sale ends at 350 ETH, the remaining 50 range will be distributed to those who invested in the presale.
DEFY TOKENOMICS
- 40% presale tokens
- DEFY pre-sale investors will receive a bonus of 10% DEFY (For Min Buy-0.5 ETH)
- 35% in liquidity. Uniswap liquidity will be locked.
- 5% team token
- 6% marketing
- 10% — Tokens for bonus for 5 % of DEFY staked, FCFS (Max Cap- 650 DEFY) and exchange listing fees.
- 46.15% presale tokens
- 30% in listing. Uniswap liquidity will be locked.
- 5% team token
- 10% marketing
- DEFY pre-sale investors will receive a bonus of 10% DEFY (For Min Buy-0.5 ETH)
- 8.5% — Tokens for bonus for 5 % of DEFY staked, FCFS (Max Cap- 650 DEFY) and exchange listing fees.
We would like to kindly thank you for taking interest in DefYield article. In case of any questions or feedback, are available at the channels detailed below.
Medium: https://medium.com/@defyield
Twitter: https://twitter.com/Defyield
Website: http://www.defyield.com
— — — — — — — — — — — -The DefYield team — — — — — — — — — — — —
The information provided herein-above does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat our website’s and communication channels’ contents as such. Please conduct your own due diligence and ensure that you consult your financial advisor before making any investment decisions, as cryptocurrency investment is subject to high market risk. DefYield is not responsible for any form of loss of funds. Hence, DefYield is not responsible for any direct, indirect or consequential losses as a result of your investment decisions.
