What currency is YLZ? Comprehensive introduction to YLZ coin

The full English name of YLZ coin is YieldZard. In fact, YieldZard is a solid decentralized financial asset. The project can provide rewards to users in a sustainable fixed compound interest model by using its unique YAP protocol. By using its unique YAP protocol, the project is also able to compensate users in a sustainable fixed compound interest model. A tax of 2.5-4.5% of the project’s market volume will go to the Treasury, with another 5% going to the YieldZard Coverage Fund for insurance purposes, which will be able to offset the daily interest granted. So what currency is YLZ? Let the editor give you a comprehensive introduction to this YLZ coin.

YLZ currency introduction
YLZ token is the native token of the project and is designed as a rebase token. Its circulating supply can shrink or expand according to the token price. The token uses a positive formula, which automatically increases the token supply, allowing holders to continue adding their tokens, eliminating price-induced imbalances in token supply and demand.
YAP uses a series of factors to support its price and rebase rewards. It also uses game theory and human nature to determine the most likely habits of people buying tokens. Our development team coordinates all of these elements to make them work seamlessly behind the scenes. The result is a simple yet elegant staking and rewards system for YLZ holders. Both flexible and powerful, YAP will be used as the basis for a range of YieldZard products, services and future projects, each of which will transform a different crypto space.
The highest yielding DeFi protocol YieldZard is about to be launched. The project’s launch journey will provide investors with the highest ever returns, with a fixed APY of 918,757% starting with the upcoming pre-sale. The pre-sale will be held on PinkSale, and participants will have equal opportunities to obtain the project’s native tokens. Members will use Binance Coin (BNB) to purchase assets during the presale. The soft cap for the pre-sale is 4,000 BNB and the hard cap is 8,000 BNB. Funds raised during the pre-sale will be used to complete the final stages of the project, including the final launch and creation of their first generation YieldZard Wizard NFT.
YLZ Coin Project Introduction
YieldZard is a DeFi platform based on Binance Smart Chain. Set to launch in 2022, the protocol will empower cryptocurrency investors by offering them the highest APY ever in the crypto industry while maintaining high security and sustainability.
Other sustainability features of the platform are as follows:
Token Burning – The protocol also has a unique token burning feature called Lava Lake, which removes 6% of all transactions on the platform from the total supply Comprehensive expenses. This feature maintains a sustainable number of tokens in the ecosystem, preventing inflation from causing a decrease in value.
Wizard Chest – If the price of the $YLZ token drops significantly, YieldZard has a treasury chest that provides stability to the entire ecosystem. The project also uses this feature to fund investment, new project expansion, development, and marketing of the project.
Insurance – YieldZard also has an insurance fund, YCF, which contributes to price stability and the long-term sustainability of the entire protocol.
While global interest in cryptocurrencies, especially DeFi, is on the rise, YieldZard farming is entering the industry. Project CEO Paul believes that YieldZard will provide crypto enthusiasts with high-interest and sustainable investment opportunities to quickly grow their investment portfolios.
The above article is the editor’s detailed explanation of what currency YLZ is. Participants in the project are able to obtain YLZ tokens, which they can stake using the YieldZard YAP protocol to earn considerable interest. The platform also offers an APY of 918,757%, which is arguably the highest ever in the crypto industry. The protocol uses an automatic compound interest mechanism and will reward YLZ token holders with 0.00868% interest every five minutes. This reward will also be automatically directed to the user's wallet and automatically pledged in the next compound interest period. The project’s huge APY is sustainable because the project employs a unique mechanism to ensure that the total number of tokens remains valid even when demand spikes.

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