Review DeFiYield ($DEFI) – The first cross-chain decentralized security network
DeFiYield is designed to be the safest place to access the DeFi world. Thanks to that, DeFiYield helps users comfortably and safely invest in crypto without worrying about risks. For example, being hacked, invading your assets, capital, information as well as your privacy.
Concept Project – What is DeFiYield?
The fundamental principle of DeFiYield when developing all products and services is assuring decentralization. Thus, the project relies on decentralized governance and aims to decentralize all the data it provides: results generated by the automated smart contract scanner, the SCW registry, and historical DeFi data. The information is subject to decentralized verification performed by a distributed system of Indexers – node operators on DeFiYield Chain.
Outstanding features
What is the project trying to achieve?
The fundamental principle of DeFiYield when developing all products and services is assuring decentralization. Thus, the project relies on decentralized governance and aims to decentralize all the data it provides: results generated by the automated smart contract scanner, the SCW registry, and historical DeFi data. The information is subject to decentralized verification performed by a distributed system of Indexers – node operators on DeFiYield Chain.
Besides, DeFiYield authored that is based on personal experience in yield farming. It explains all the main DeFi concepts needed to start a successful journey in the industry and shows advantages and risks to be aware of.
DeFiYield managed to build a strong team of experienced auditors that are constantly improving their skills in line with the Defi industry trends and introducing new auditing methods covering more smart contract vulnerabilities.
What is unique selling point?
The World’s First X-Ray Vulnerability Scanner
This tool helps to provide resistance to potential risks and potential hacks in DeFi projects. Especially, it will help to check any smart contract with just 1 click in seconds. In addition, this Scanner has the function of learning the risk of the project’s smart contract before investing in it, without having to rely on an auditor paid by the project itself. Thanks to that, it will immediately detect vulnerabilities, hacking, and phishing possibilities. And know whether the developer of the project has the opportunity to withdraw all the capital of the investors and then run away.
Property Management Dashboard
Dashboard now has over 17 chains with over 350,000 users.
DeFiYield was developed to provide a platform to securely access all DeFi functions such as:
See portfolio performance like a pro. Includes assets, profit and loss, impermanent loss calculation, pools overview, and more. The project also helps to show users historical profits and losses for yield farming positions (including impermanent losses, earned fees, and rewards)
Assess the risk in the user’s personal portfolio. DeFi Yield will make the user’s DeFi journey safe, warning high-risk DeFi projects in the user’s portfolio.
Conveniently access all DeFi functions in a single place. For example: investment, DEX swap, staking opportunity, lending & borrowing, trading, options, derivatives, earn interest.
Roadmap
The project has not announced its development roadmap. They will update you as soon as possible as soon as information is available.
Up to now, the project has completed the funding round. The IDO calendar is expected to take place in January 2022.
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Technical Data
Key metrics
$DEFI
- Token Name: DeFiYield
- Ticker: DEFI
- Blockchain: DeFiYield Chain
- Token Standard: ERC20
- Contract: Updating….
- Token type: Utility
- Total Supply: 1,000,000,000
- Circulating Supply: Updating….
Token allocation
Token release Schedule
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Token use case
$DEFI is mainly used in the following:
- Governance: DEFI token is used in the on-chain governance system. DeFiYield also allows users to make strategic decisions about the development of the project.
- Get full access to all DeFiYield . products
- Get access and comments to closed community chats on DeFi projects
- Staking and locking DEFI to create and run verified nodes on DeFiYield Chain.
- Discounts on in-app services for $DEFI holders.
- The strategic partnership, deploying $DEFI as an added bonus for participating in several collaborative project pools
Token sale
PRIVATE SALE DETAILS
- Total supply: 1,000,000,000
- Private Sale Price: 0.24 $
- Vesting: 9 Months with Daily Linear Unlock
- Private Sale Date : 12th Feb- 18.00 UTC
- Launch Date : Q1
- Blockchain: ETH, BSC, AVAX
How to own the token?
Currently, DEFI token has not been issued and opened for sale.
As soon as they have the latest information about the project’s IDO, they will update you as soon as possible.
Market and Community
Community
DeFiYield has crossed the mark of 48,300 Followers on Twitter.
Backers
Team/ Founders
The project development team is all experienced in crypto, investment, technology, and many other fields.
- Michael (Co-Founder): He is the Founder of Offshore Citizen. Michael joined the cryptocurrency market quite early in 2013. In addition, he is an expert in the structure of international law and tax. He is also known as a law instructor at BlockGeeks.
- Matthew (Co-Founder): He has experience working with 500 clients on the Fortune list. In addition, Matthew is also a Marketing consultant for Antonio Tajani (EU President). Advisor to Enjoy bit in 2014. In particular, he is also the inventor of the X-Ray smart contract vulnerability scanning tool.
- Gabriel (Co-Founder): Gabriel founded his first digital marketing company at the age of 18. His company has achieved sales of up to 1 million dollars a year. In addition, he is also an early investor in many extremely potential projects such as Polkadot, Cosmos, and Tezos.
- Petro (Tech Lead): He is Co-Founder and Mentor of Software Engineers Hub. He has 13 years of experience as a software engineer.
- Reed (Blockchain Dev): He is a developer and has a huge passion for technology. In addition, Reed is also known as the Founder of degen.watch.
- Beka (COO)
- Anton (Blockchain Dev)
- Chris (Marketing Manager)
- In addition, the founders of DeFiYield are also the authors of the best-selling book: “The Wall Street Era is Over”.
Partners
Investors
Conclusion and analysis
The DEFIYIELD ecosystem is the best place for anyone to participate in Defi because it has been built by yield farming experts who want as many people as possible to stay safe and succeed in the Finance 3.0 revolution.
DeFiYield is a solution to overcome the loopholes and backlogs that the DeFi and Crypto world is facing. The project development team are all experienced people. They are successful not only in crypto but also in many other areas of life. The Founders of DeFiYield are all extremely passionate about the project. This is confirmed by the fact that they themselves invested $1.5 million in the project in the first year without any outside capital. In addition, the project is backed by large funds and well-known individual investors in the crypto industry. Therefore, this will certainly be an extremely potential project worth your attention in the near future.
Find more information about DeFiYield :
Website: https://defiyield.app/
Twitter: https://twitter.com/defiyield_app
Telegram: https://t.me/defiyield_app
If you have any questions, comments, suggestions, or ideas about the project, please email ventures@coincu.com
DISCLAIMER: The Information on this website is provided as general market commentary, and does not constitute investment advice. We encourage you to do your own research before investing.
Elise
Coincu Ventures