YfUSDC — DeFi simplified for the community!

YfUSDC
3 min readFeb 3, 2021

YfUSDC(UDC) is new token to create a new banking order, where everything is fully transparent and most importantly, governed by community, a fully decentralized ecosystem.

We at YfUSDC are fully committed to design a truly decentralized ecosystem with profitable and sustainable DeFi products, where community will be constantly rewarded as the protocol matures and becomes one of the most useful platform of DeFi.

YfUSDC is a dual yield DeFi ecosystem, where the holders of UDC tokens will be constantly rewarded. YfUSDC is powered by Artificial Intelligence and Blockchain.

YfUSDC offers a dual yield farming where, users just have to hold tokens with no interaction with smart contract. We understand that gas fees are skyrocketing and here we are building a DeFi platform for our users, where the community is rewarded for supporting the ecosystem.

Dual Yield ecosystem

Dual Yield :

AI Pool: As shown in above figure, AI Pool works directly with sophisticated YfUSDC machine learning model built on historical and current market data to find the best profitable trades across the market. After the end of month 80% of the rewards in ETH goes back to community, 10% are used to buyback UDC tokens and rest 10% are used for development of ecosystem. Here APY can range from 5% to 500% monthly and that too in ETH. This is the most rewarding feature of our ecosystem.

Presale investors will have the advantage here, as we want to give back to the initial investors, so first month, AI Pool rewards will go back to only presale investors.

Shadow Mining: Holders of UDC will be airdropped yUDC tokens in ratio of 1:1, using which users will be able to stake yUDC tokens on our platform. This staking mechanism is gasless and you just have to connect and sign the transaction using your wallet.

Every week, there will be snapshot of yUDC tokens staked and UDC token holders, depending upon the average amount of tokens held in wallet, users will be rewarded UDC at fixed 0.2% daily, which amounts to 72% yearly.

YfUSDC other features :

Safe & Secure

We are fully committed to provide security to our community investment and in addition to good rewards, we want our users to feel safe while using the products of YfUSDC ecosystem.

We will be going through multiple audit checks of our smart contracts before any of the product is live for users.

Insurance

In Q2, we will be releasing, our own decentralized insurance protocol, where DeFi users from other ecosystem will be able to buy cover. More details will be announced soon, regarding the usage of token for Insurance protocol.

Launchpad

With lot of rugs happening around and community loosing funds, we will be onboarding, legitimate projects to raise capital on our platform. Launchpad, will make sure the liquidity is locked and the prospective project to pass through a set of requirements, so the investors feel safe.

Our aim for YfUSDC is to build a holistic DeFi revenue generating platform, where community is constantly rewarded.

Tokenomics:

  • Total tokens supply: 51,000 UDC
  • Presale: 18,000 UDC(1 ETH = 180 UDC)
  • Uniswap Liquidity: 9,700 UDC
  • Staking: 15,700 UDC Locked under smart contract.
  • Farming Rewards: 4000 UDC
  • Marketing budget: 1500 UDC
  • Team: 1500 UDC Locked with Team Finance for 6 Months
  • Community Rewards: 600 UDC

Presale Funds Allocation:

  • Liquidity : 60%
  • Development : 20%
  • AI Pool : 10%
  • Marketing : 10%

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