YFBitcoin

What is YFBitcoin (YFBTC)?

YFBitcoin is a fully DeFi yield farming project with a smart contract audited by Certik. YFBitcoin has no founder, no VC & is one of the few projects that supports both Bitcoin and Ethereum by providing a venue for both of these to do yield farming through YFBTC.

YFBitcoin follows the same protocol as Bitcoin with an additional function of deflationary that will help in the on-going value of YFBitcoin with a max supply of 21,000 that is 1000x lesser than the total supply of BItcoin.

YFBTC is an alternative to mining BTC through liquidity mining via stable bitcoin wBTC and renBTC. This provides users the opportunity to HOLD BTC & get YFBTC. The First DeFi Project backed by the fundamental success of Bitcoin protocol combined with the success of YFI.

YFBTC tools include:

YFBTC Protocol : -Follows the same protocol as Bitcoin. -1000x lesser supply than Bitcoin -Halving rewards every 6 months -Deflationary Oracle Network -5% of every transfer of YFBTC will be burned -After the 4th year, YFBTC will continue to provide yield farming with the supply that is burned through the 4 years period.

Deflationary Mechanics YFBTC: -5% of YFBTC will be charged as transfer fee, in which 3% will go to Devs and 97% will be permanently burned. This is to maintain a higher reward ratio of 5x for YFBTC/ETH. -YFBTC will stop providing yield when price is not positive.

How Many YFBTC Coins Are There in Circulation?

YFBTC launched its mainnet on December 24, 2020 with 1171.69 YFBTC supply being airdropped. Total Circulating supply is capped at Max 21,000.

Who are the founder of YFBTC?

YFBTC is founded with the collaboration of BITTO to help with the initial marketing and development of this project. YFBTC is fully run anonymously to provide an opportunity for the project to grow without authorities intervention.