Yield360 Is A Blockchain-Based, Automated Reward Protocol For Passive Income
I would like to introduce you to the technological innovation, the Yield360. It’s a revolutionary automated reward protocol for passive income. This is an application that can provide all of us with a consistent passive income no matter where Yield360 are. The Yield360 will generate interest without human interference -it just runs!
The mechanism which provides Yield360 its reward generation and distribution power is in fact rather simple; It uses the Ripple protocol as a trust-free trust that is nearly instant to use.
a protocol, through which the entire network is a massive decentralized ecosystem that identifies, evaluates and rewards all connected nodes. The yield360 protocol facilitates the transaction of financial rewards between digital nodes through its continuous monitored and verified transactions. This, in turn, enables these devices to function as an autonomous and self-regulating individual.
What is Yield360?
Yield360 is a security token exchange protocol built on Ethereum blockchains that helps businesses, corporate agents and individual investors reach the exchange of high quality financial capability in one place.
Yield360 is an automated incentive generating and distribution technique with a time stamp of 13 minutes and an estimated interest rate of 0.0206 percent. The Yield360 protocol provides a decentralized, standardized and automated reward generation protocol. The Yield360 protocol is a game changer in passive income based applications through its protocol that combines automation, security, transparency and communication.
The reinvestment of staked rewards is automated via the auto-staking system. With staking, crypto asset owners are able to lock (invest) their cash and earn interest on the money they’ve put into the system, which is known as a reward generating process. Everybody wins in this arrangement.
Investment and reinvestment in an appropriate staking pool of crypto assets is a stressful procedure. However, even though it may take up to a day or more of investigation to discover that staking pool and once identified, it comes with high transaction costs that detract from the whole staking process. This is when auto-staking comes in.
An auto-stake is a reinvestment procedure that is completely automated. An auto-staking protocol is constructed on the foundation of auto-compounding, which is so important that the two concepts are used interchangeably in numerous literary publications.
As a result, an auto-staking protocol has a good chance of providing its consumers with exponential profits. As a result, the Yield360 can support its maximum fixed APY of 360,000 percent.
Yield 360 token
Asset auto-staking has never been more reliable than with Yield360. The $Y360 has a number of qualities from which it derives its value.
Yield360 is a blockchain-based protocol that allows you to earn money from assets you already own — whether that’s your savings account or your bitcoins, for example. It rewards you for holding assets over time, so the more assets you have, the more reward you get.
Yield360 Smart Contract: 0xdce927c84ba103a64e6fc54ef5b0a7d4c6dc0f4f
Y360 token breakdown
There is a considerable chunk of the YAP in the Y360 purchase and sell fees. The protocol’s essential operations are funded by them. Although other protocols, such as ours, sell bonds in order to support the same functions as Yield360 fees, Yield360 believe that this is a riskier approach because if bonds are not sold, the token may lose support and spiral downwards in price, as we have seen with several of these bond-based protocols before. Selling bonds also loses token holders cash. Because of this, the opportunity to give a consistent APY is eliminated. Because of the fees (9% for purchases and 11% for sales), Y360 is able to provide a 360,000% annual APY to $Y360 holders.
LP — Trading fees goes to backing the liquidity of the BNB/Y360 pair on Pancake Swap ensuring an ever-increasing collateral value of $Y360.
YIF — Trading fees are held in the Yield360 Insurance Fund, which helps to maintain and support the favorable rebase staking payouts.
Treasury — Trading fees are sent directly to the treasury, which pays the YIF, Y360’s marketing budget, and new product development.
Burning Pit — 3% of all $Y360 traded are burnt in the Burning Pit. The more that is traded, The more that is exchanged, the more fuel is added to the fire, increasing the size of the burning pit by self-fulfilling auto-compounding, hence reducing the circulating supply of $Y360 and maintaining the Yield 360 protocol’s stability.
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