Emerging decentralized financial ecosystem (DeFi), YFDAI financeannounces the launch of two new services – SafeSwap and LaunchpadBoth important steps in promoting mass growth and adopting DeFi services.
DeFi is becoming the “next big thing”, making cryptocurrencies and the underlying blockchain technology available for new purposes and a growing user base. One of DeFi’s main selling points is the promise of better alternatives to what is offered in the traditional banking sector, in many cases at a fraction of the cost. Other advantages are extremely low barriers for otherwise excluded financial services customers and better investment opportunities with attractive returns compared to conventional instruments. All of these aspects of DeFi will exist in a context of improved visibility, security, and user control over their resources.
SafeSwap is YFDAI’s decentralized exchange (DEX) created by a branch of the popular Uniswap platform. With this DEX, selected crypto projects can list their tokens, provided they meet strict listing criteria in order to protect token investors and issuers alike. A listing on SafeSwap enables prospective DeFi and crypto projects to promote broad acceptance and secure the urgently needed liquidity. In order to avoid problems that currently arise from a more active regulatory environment, SafeSwap’s decisions on many operational aspects will very soon be subject to community governance.
The YFDAI is now Launchpad brings new crypto projects onto the market and offers them, among other things, consulting and development services from our partners Foundry Incubator, Ferrum Network and Blockchain Consilium. YFDAI Launchpad provides the necessary support for the development of projects and supports crowd-based fundraising in cooperation with decentralized fundraising drives from DuckDAO. By participating in the Launchpad program, smart contracts will be blocked for Uniswap and SafeSwap exchanges.
What is YFDAI Finance?
YFDAI Finance is a DeFi ecosystem that focuses on four key values: accessibility, security, intuitive governance and trustworthy protocol. With YFDAI, users can access DeFi solutions anywhere, a full range of DeFi services including farming, lending, lending and staking.
DeFi has been around for a few years, but there have been many cases of projects that failed to deliver on their promises due to design flaws, poor decisions, and questionable practices. These mistakes have led to much hesitation in the widespread adoption of DeFi. Despite the numerous setbacks, the sector persists and offers compelling value and utility. And YFDAI will lead the way, making it safe and easy for an ever growing number of users. Few projects like YFDAI have come forward to improve existing DeFi business models and work tirelessly to reduce, if not completely eliminate, fear of DeFi solutions.
In addition to DeFi solutions, YFDAI Finance plans to offer a variety of crypto products and services, including an e-commerce platform, debit cards, a central exchange, fiat-to-crypto on and off ramps, and trading bots.
In order to promote trust in our platforms, YFDAI has introduced the highest level of transparency and security. It has also partnered with various leading names in the crypto sector such as the Crypto Investor’s Protection Alliance (CIPA), DuckDAO, Ferrum Network, and the Foundry to ensure that its vision for DeFi’s future becomes a reality.
More information about YFDAI Finance can be found at – https://yfdai.finance/