SYNOPSIS OF YIELD PROTOCOL AND THE YIELD TOKEN

Yield Protocol is an open-source toolkit that enables anyone to develop and launch yield farming and trading strategies on the Ethereum decentralized finance (DeFi) ecosystem.

Yield Protocol’s official native cryptocurrency is the $YIELD token. The $YIELD token was designed to secure and develop the ecosystem and also contribute incentives for developers.

Yield Protocol ensures that all the products that are developed using their tool integrates the $YIELD token into their system, and a percentage fee of all the yields generated on all the products are then converted into $YIELD.

YieldShield is the first product that was developed on the yield protocol. YieldShield is the fastest-growing automatic field farming platform that was developed to provide secure algorithmic optimization services for yield farming.

FEATURES OF YIELD PROTOCOL

Yield protocol is an amazing tool that was developed with amazing features which allow anyone to deploy dynamic strategies via smart contracts. Some of its features are highlighted below:

• Flexible and Multifunctional

Yield protocol’s design is flexible and it allows for numerous purposes ranging from the design and deployment of yield farming strategies to lending, algorithmic trading, and lots more. Hence Yield Protocol is an ideal solution.

• Open and Permissionless

Yield Protocol is open-sourced and accessible to anyone on the planet. Anybody can gain access to Yield Protocol and build and deploy their dynamic strategies using Yield Protocol’s smart contract

• Simple and Secure

Yield Protocol has a simple and unique design and was developed to reduce the risks involved with smart contracts by working on the capacities of each contract. Yields Protocol’s configuration permits anyone to plan monetary strategies that others can use without giving them admittance to their assets.

ABOUT YIELDSHIELD

YieldShield is a platform that offers secure algorithmic optimization services for yield farming.

YieldShield is loaded with numerous features to help their clients to get the best out of Yield Farming initiatives and strategies, some of which include:

• STOP LOSS

The stop loss feature allows users to just stipulate the level of acceptable drawdown they are comfortable with and in the event that a user’s loss exceeds this level, YieldShield’s bot (robo-farmer) will collect both the amount invested and the rewards gained and swap them to the pre-selected base coin, and then proceed to return the funds to the user’s wallet.

• RISK LEVEL

Another incredible feature of YieldShield is the provision of an hourly estimate of the risk level for all the pools. Hence one need not be a professional yield farmer or an analyst to deduce the risk level of the pools as the analysis provided by YieldShield is established on numerous parameters that operate automatically.

• AUTOMATIC STAKE

YieldShield enables their users to ease up on the stress of having to manually retake their investments as their bot will automatically find the next best investment opportunity, all the users have to do is to set their risk level.

• AGGREGATED FARMS

Knowing the right farms to invest in takes a lot of effort and skill and it is also very time-consuming and inefficient. The YieldShield team offers a solution to this problem as clients no longer have to spend most of their time searching for convenient and profitable pools and farms. YieldShield’s analysts invariably scrutinize the markets and select the most secure platforms and display them all in one place.

For more information, visit;

Website: www.yieldprotocol.org