YFUNI AMA Recap

BSCDaily.com hosts YFUNI: a Yearn Inspired, next-gen suite of products for revolutionizes Decentralized Finance (DeFi) infrastructure

Bob | YFUNI: Hello Everyone! So excited today for AMA event! 

BSCdaily – Admin: Glad to have you in the house @Bob_yf 

Bob | YFUNI: Nice, Thank you for inviting me!

BSCdaily – Admin: It’s our pleasure!

BSCdaily – Admin: Are you ready? @Bob_yf

Bob | YFUNI: Let’s go!

Q1: The first and foremost question. What is YFUNI all about? Give us a little summary

Bob | YFUNI: Good Question!

YFUNI is a Yearn Inspired, next-gen suite of products that revolutionizes the Decentralized Finance (DeFi) Infrastructure. YFUNI Finance aims to provide new-innovation via yield farming aggregation, lending aggregation, crypto banking investment, all on the Binance Smart Chain. We have designed it to allow users to access the best yields available within the YFUNI Ecosystem and DeFi market.

YFUNI powers a decentralized saving and multi-level interest generation protocol built on the Binance Smart Chain. The ecosystem can guarantee equality, equity and security for users in staking cryptocurrency assets whilst simultaneously improving the user experience through its simplified DeFi smart portal.

YFUNI Finance attempts to mitigate the traditional risks of depositing funds in smart contracts by upping the governance powers of its users.

BSCdaily – Admin: I’m a big fan of Pokemon Go! May I ask how many tokens does the app currently have?

Bob | YFUNI: Over 30 million coins found in Aircoins AR so far!

BSCdaily – Admin: Wow, that’s a huge number

Q2: Could you tell us a little bit about yourself and your team? What are your past experiences?

Bob | YFUNI: You can called me Bob, YFUNI CEO & CO-Founder, I am an Business Marketing & Software Engineer. I joined the crypto world in 2014 by mining BTC on my GPU, for the past 2 years I was involved in the Web3/Interchain ecosystem.  I’ve been involved in the crypto space for awhile, and in particular got involved with DeFi starting in 2019.

All of the team and devs are already one of the developers of dapps and applications for several projects

Q3: Cool! Why did you and your team decide to build YFUNI?

Bob | YFUNI: We had been discussing the YFUNI Finance project idea since November, but at that time development was halted due to pandemic issues. We rebuild YFUNI Finance using Binance Smartchain and changed several products.

Innovative products will be launched soon and one of them is uEarn v1 which we have launched with several supported projects, namely BSC Starter and Goswapp. Development of uEarn v2 has started today, there will be lots of updates from the previous version.

Other products will be launched soon such as uVault, uBarter, uBorrow, uTokens and uMortgage

BSCdaily – Admin: uEarn ver 2 is coming out!? I’m looking forward to it

Bob | YFUNI: We’re doing development today and will roll out as soon as it’s all done.

Q4: Let’s dive into $YFUNI Token. Can you share with us your tokenomics?

Bob | YFUNI: Previous Tokenomics for YFUNI and UNICORN Token

YFUNI Token (Governance Token)

Ecosystem Fund : 95,000 YFUNI (95%)

General Reserve : 3,000 YFUNI (3%)

Marketing : 2,000 YFUNI (2%)

Liquidity : 1,000 YFUNI (1%)

Today

Burn: 1,000 YFUNI

Circulating Supply: 100 in Liquidity 

Total Supply: 99,000

UNICORN Token (IDO)

Ecosystem Fund : 37,500,000 UNICORN (75%)

IDO : 4,000,000 UNICORN (8%)

Liquidity : 2,500,000 UNICORN (5%)

Marketing : 2,500,000 UNICORN (5%)

Team : 2,500,000 UNICORN (5%)

Private Sale : 1,000,000 UNICORN (2%)

Today

BURN UNICORN:

– yfuni-finance.medium.com/1-burn-unicorn-token-9cc28c35e35f 

– yfuni-finance.medium.com/3-burn-team-fund-unicorn-token-eeceb2f4f9d8 

– yfuni-finance.medium.com/4-buyback-and-burn-unicorn-token-d78c066ee0ba

Total Supply after Burn : 44,630,834 

Circulating Supply: 5,436,678

Q5: Why do you have 2 tokens YFUNI & UNICORN? What are the differences between them?

Bob | YFUNI: YFUNI Token (Fair Launch) will be distributed in the sprit of YFI: no pre-mine & no VC interests – simply equal-opportunity staking distribution to attract a broad and vision-aligned community to steward the future of the protocol and token.

UNICORN Token (IDO) is Incentivized token for YFUNI Ecosystem and is governed by YFUNI holders. Users holding UNICORN can interact with YFUNI Ecosystem. YFUNI Ecosystem allowing UNICORN Holder to earn YFUNI Token, UNICORN Token and another crypto asset.

Q6: What can we expect in the next 3 months and in 2021 as a whole?

Bob | YFUNI: Today the development for uEarn V2 is underway and will launch as soon as it is complete.

I have said earlier that there will be many changes in version 2, changes in reward based on per block and a new interface that can make it easier for users to interact with the ecosystem.

I hope we can released our next MVP uVault and uBarter on Q2. We need to established our uEarn Platform before we developed next MVP

BSCdaily – Admin: Nice! Investors seem to have a lot of things to look forward to in the next quarter 

Q8: Where can we find out more about YFUNI?

Bob | YFUNI: Everything you need to know about YFUNI Finance

docs.yfuni.finance

YFUNI Resource

Website: yfuni.finance

Twitter: Twitter.com/yfunifinance

Telegram: t.me/yfunifinance

Telegram Announcement: t.me/yfuni

Medium: yfuni-finance.medium.com

Github: github.com/yfunifinance


Bob | YFUNI: Everyone can check our docs about introduction, verify our github and Smartcontract Audit Report

BSCdaily – Admin: Nice! Thanks for sharing

BSCdaily – Admin: As we are coming to the end of the AMA. @Bob_yf, anything else you’d like to add before the end?

Bob | YFUNI: Everything you need to know about YFUNI Finance

docs.yfuni.finance

YFUNI Resource

Website: yfuni.finance

Twitter: Twitter.com/yfunifinance

Telegram: t.me/yfunifinance

Telegram Announcement: t.me/yfuni

Medium: yfuni-finance.medium.com

Github: github.com/yfunifinance

Bob | YFUNI: All development is still being done and everything is in good shape.  We are very happy to be able to share about our project here, all updates will be continued and announced on the official social media

Bob | YFUNI: Thank you BSC Daily Team!

BSCdaily – Admin: Thank you very much for your time today at BSC Daily, hope you have enjoyed yourself as much as all of us did ^^

BSCdaily – Admin: I wish YFUNI all the best and look forward to its development in the near future 

Bob | YFUNI: Thank you!

Source : cryptodaily.io

Leave a Reply

Your email address will not be published. Required fields are marked *