The Yieldex product remains the most significant innovation by Ten Finance as we anticipate its launch.
Ten Finance Releases Updated Roadmap
Yieldex (yield index) is at the apex of all the plethora of incoming innovations. The protocol has finally updated its roadmap to the entire public via Medium, showcasing its plans, including the ones completed, in progress, and the ones for the future.
The roadmap is a long-anticipated update from the original version made in February. Last month, BSC News published an article about the progress of Ten Finance, and since then, Token Enrichment Network (TEN) has been updating its platform to accommodate the planned integrations.
The protocol has already established itself as a household name in the Binance Smart Chain (BSC) ecosystem after completing the first two phases disclosed on its updated roadmap. Now, all focus lies on finishing the other two phases for the remainder of the year.
This consists of the Ten Advancement (work in progress) and Ten Future (work for the future). Yieldex spearheads the development of the Q3 phase (Ten Advancement) alongside other innovations.
Updated Roadmap: Ten Advancement
Ten Advancement is the next phase on the updated roadmap. After accomplishing both Q1 and Q2 phases, Ten Finance seeks to continue its progress with Q3. Here are some of the big moves in the ongoing phase:
Yieldex Development In Full Speed:
According to the protocol’s blog post, the innovation has taken a considerable step closer to becoming a reality. With this, yield farming on the protocol will be made straightforward for every user.
Another plan in progress on the Ten Advancement phase is to improve marketing. Ten Finance will continue its marketing campaigns on social media pages to boost adoption.
TEN finance will add new liquid, secure and accessible vaults to its user, ensuring that they get quality out of its protocol.
To learn more about the updated roadmap, read their blog post.
Highly Anticipated Yieldex Teased Yet Again
Based on BSC News recent report, Yieldex is the flagship product of the Decentralized Finance (DeFi) protocol, featuring several Yieldex options. Each has their own rewards and risk profiles. For example, the “Bluechip Yieldex” offers the highest Annual Percent Yield (APY), while the “Stablecoin Yieldex” has the lowest risk profile.
As always, the product was teased in the recent blog post by Ten Finance, “Yep! This is it, and I’m going to keep this short and sweet as we’re working on bringing the Yieldex to reality where we make farming easy and simple, for everyone!”
Ten Finance is a yield aggregator/optimizer that makes staking and yield farming easy with the most liquid BSC liquidity pools available. The protocol ensures that users are exposed to the most robust yield farming environment on the DeFi market while providing security, sustainability, longevity, and simplicity. In short, Ten Finance is simplified decentralized finance.
The updated roadmap shows that Ten Finance has its sights on developing its protocol for users’ benefit. With the Yieldex product the face of the many innovations, the community can only anticipate its launch, as included in the present phase. We at BSC will keep you updated when Ten Finance launches it.
Source : bsc.news
Founded in 2020, BSCNews is the leading media platform covering decentralized finance (DeFi) on the Binance Smart Chain (BSC). We cover a wide range of blockchain news revolving mainly around the DeFi sector of the crypto markets. BSCNews aims to inform, educate and share information with the global investment community through our website, social media, newsletters, podcasts, research, and live ask me anything (AMA). Our content reaches hundreds of thousands of global investors who are active in the BSC DeFi space.