What is Yellow Token and Its Purpose?

Yellow Token, also known as YEL, is a yield enhancement protocol that operates across multiple chains. Its main objective is to assist projects in acquiring liquidity across different chains and establishing a self-sustainable token economics system with a constant and organic buy-pressure for the YEL token.

The Mission of Yellow Token

• Helping projects gather and maintain liquidity on multiple chains
• Encouraging token holders to reduce negative price shifts
• Offering cross-farming opportunities
• Guiding investors to find the most attractive APRs
• Growing the Total Value Locked (TVL) of Yield Enhancement Labs to become the leading DeFi yield aggregator and enhancement platform

Understanding the Yellow Token (YEL)

The Yellow Token (YEL) serves as a governance token that allows users to participate in proposals and voting. Additionally, it acts as an additional farming reward for select projects within the Spectre section.

Storing Yellow Tokens (YEL)

Currently, users can store their Yellow Tokens (YEL) in a Metamask wallet or the Metamask extension for their browser. However, the team is working towards implementing support for other wallets in the near future.

Exploring Spectre - The YEL Launchpad

Spectre, also known as the YEL Launchpad, is a comprehensive dashboard that showcases customized pools for users to stake their assets and receive impressive rewards. At Yellow Token, we prioritize simplicity not only in user design but also in user engagement. Therefore, Spectre provides an easy way for users to discover the best staking opportunities in one place. We also eliminate redundant applications to offer only the finest automated and relevant services.

The Contract Addresses for Yellow Token (YEL)

The contract addresses for Yellow Token (YEL) are as follows:

• Ethereum (ETH): 0x7815bDa662050D84718B988735218CFfd32f75ea
• Binance Smart Chain (BSC), Fantom (FTM), Polygon: 0xd3b71117e6c1558c1553305b44988cd944e97300

Purchasing Yellow Tokens (YEL)

To buy Yellow Tokens (YEL), follow these steps:

1. Copy the Yellow Token (YEL) address based on the desired network (mentioned above).
2. Yellow Tokens (YEL) are tradeable on the following exchanges for each network:
   • Ethereum - https://app.sushi.com/swap/
   • Binance Smart Chain (BSC) - https://app.apeswap.finance/
   • Polygon - https://quickswap.exchange/#/swap
   • Fantom - https://spookyswap.finance/swap
3. Choose the correct network.
4. Select Trade or Swap.
5. Insert the contract address of Yellow Token (YEL) and add it to the swap pair.
6. Proceed with the swap.