(Binary News Network) YearnClassic Finance (YFIC) is a blockchain agnostic decentralized finance (DeFi) aggregator platform that supports DeFi projects deployed on Ethereum blockchain, Binance smart chain, Tron chain etc., focusing on simplicity, user experience, privacy and fueling global adoption.
As an independent fork of yearn.finance with improvements, YearnClassic Finance is providing a classical way to optimally earn yield or maximize profits on assets. Its governance underline token is called YearnClassic (YFIC) token.
According to the information on their website https://yficlassic.finance/ they have the following promises; provides best way to earn optimal interest rate on assets for its users autonomously: simplification of earning process: enables community voting for fairness and equity: guaranteed privacy and anonymous transactions: and lastly brings Defi protocols to everyone through their series of product offerings and features.
YearnClassic Finance has the following series of core features and products; Vault, Earn, Zap, Insure etc. With its full suite of Mobile Application, Yearnclassic Finance is bringing staking, lending, borrowing and yield farming features to the masses.
Some of the best Defi protocols they would be supporting are; Compound, Unisawp, Synthetix, Fulcrum, dYdX, Aave, Nuo, Balancer, Curve, and many others.
About Final Round of YearnClassic Finance (YFIC) Token Pre-sale
The final Round of YearnClassic Finance (YFIC) pre-sale will end on 29th November 2020, by 12:00 PM UTC time. You can buy or participate in the pre-sale by visiting the pre-sale page https://yficlassic.finance/presale.html. The Pre-sale price is 75 YFIC per 1 ETH, and minimum purchase is 0.1 ETH.
Instant Benefit for Investors
Once YFIC tokens have been purchased, the equivalent amount of tokens in addition with some percentage of bonus structures and airdrop worth of 2 YFIC tokens will be sent back to the same wallet address contribution was made from.
With their staking product http://yficlassic.finance/stake/, you can start staking the purchase tokens immediately to earn more tokens. More so, there is a chance to win a $10,000 Raffle Draw https://t.me/Yfic_bot when a minimum of $40 or 0.1 ETH worth of YFIC tokens is purchased before the end of the pre-sale. The more you buy the more chances to win a prize.
Trading of YFIC Tokens on Exchanges start on 30th November 2020
YearnClassic Finance (YFIC) is scheduled to be listed on three exchanges (Uniswap, Hotbit https://twitter.com/Hotbit_news/status/1326366969931640832, and P2pb2b https://twitter.com/p2pb2b/status/1324729982053208064 on 30th of November 2020 with listing price per token of $12.
Incremental Token Burning Process
YearnClassic Finance (YFIC) is adopting incremental token burning to limit the total number of YFIC tokens in circulation. This process will allow reduction of the total supply of YFIC tokens in the market and likely contribute to an appreciation of the token price. Unsold tokens will be burnt incrementally, also 10% of raised funds will be used to buyback and burn YFIC tokens after presale. This action will not only prevent people from dumping, but also would effectively increase and stabilize the price of YFIC tokens.
YearnClassic Finance Tokenomics
Token Name: YearnClassic
Token Ticker: YFIC
Contract Address: 0x704135ECBb0BEA17FD3DAad8E3583ccC6f6f7f0E
Total Supply: 1,000,000 YFIC
Team & Advisor tokens: 15% of total supply
Presale: 40% of total supply
Staking rewards: 20% of total supply Giveaway: 5% of total supply
Marketing & Development: 13% of total supply
Future Development: 7% of total supply
Tokenomics link: https://yficlassic.finance/tokenomics.html
Roadmap link: https://yficlassic.finance/roadmap.html
YearnClassic Finance Community:
Telegram Group: https://t.me/yearnclassicfinanc