YieldTopia is a new protocol that was built to provide sustainable and profitable high APY returns, featuring a deflationary APY, referral program, auto-staking, as well as auto-compounding.
There is a revolution taking place, and despite all the market turbulence, DeFi and NFTs are doing well. The systems work, and they are still growing in popularity.
YieldTopia is leading the way forward with an ecosystem that operates in every major decentralized asset. The platform is noteworthy as it is backed by a utility-driven, scalable ecosystem that delivers an APY that starts at 42,069%.
The $YIELD token presale starts on July 14th, $USDY early offering begins on July 16, $YIELD & $USDY launching on July 18 via PancakeSwap. Want early access to $YIELD? Go to: https://buy.yieldtopia.finance/
What Is YieldTopia?
YieldTopia is working to create a a holistic ecosystem that embraces all the modern decentralized features and assets. With the YieldTopia ecosystem, users can earn an amazing APY, trade NFTs, and a lot more.
Previous platforms created potential. Much like Ethereum, which created the ability for crypto devs to create smart contracts and NFTs, the platforms that exist today were made to spur innovation.
Now that we know what the decentralized community wants, YieldTopia is making all the popular assets and features easy to use. People should have easy access to these systems, and the back-end should work well too.
Take the recent surge in NFTs as an example. When a popular collection of NFTs drops, Ethereum can freeze. While this may be addressed in the future via technical innovation, YieldTopia is here today with a solution.
The YieldTopia EcoSystem
YieldTopia created an ecosystem that works at every level. It is perfect for retail-level users, and is equally powerful for large-scale investors, and devs. It also has its own token, $YIELD. Let’s take a look at all the features and options that the YieldTopia ecosystem has.
$YIELD Token
$YIELD is the native token that is used within the whole ecosystem. Therefore, all of YieldTopia’s utilities are focused on benefiting $YIELD and who holds the token. The token is used to participate in staking, and farming pools, and generate the high deflationary APY rewards given in $YIELD.
In addition, $YIELD also can be used for lending and borrowing, DAO voting, providing liquidity, and swapping between popular cryptocurrencies. Investors will be able to earn a portion of YieldTopia’s profits simply for holding $YIELD.
$USDY Stablecoin
$USDY is a decentralized stablecoin that is a crypto-pegged asset at a 1:1 ratio to $BUSD. As $BUSD is owned by the world’s biggest crypto exchange Binance, it is a digital asset rated as the most reliable stablecoin in the crypto space.
All $USDY holders will earn a passive income from YieldTopia’s profits that will automatically distribute and appear in $USDY holders’ wallets.
More than just a Stablecoin, you can create LPs on YieldTopia Swap or other DEXs / Swaps and earn a fee from each swap by becoming a liquidity provider for your favorite crypto assets provided with $USDY.
You will also earn additional income when lending $USDY via platforms, which are in partnership with YieldTopia.
The Stablecoin will be available on YieldTopia’s farming & staking pools allowing $USDY holders access to profitable pools dedicated to $USDY.
YieldTopia’s Governance
Governance allows the community to create proposals, and vote over the most important decisions of YieldTopia such as changing taxes, fees on DApps, sell limits, referral programs, development, how to spend treasury funds, and more.
In order to create a proposal, you will need to hold at least $1000 in $YIELD. Besides, your voting power is determined by the amount of $YIELD that you hold.
YieldTopia’s DEX / Swap
YieldTopia’s Swap is a decentralized exchange provided by the YieldTopia protocol. Therefore, the collected fee will be sent YieldTopia’s liquidity pool that provides additional backing to the $YIELD token, $USDY stablecoin, and the entire protocol.
YieldTopia’s NFT Marketplace
YeildTopia has an NFT marketplace that gives users all the power they need to view, list, and sell NFTs in one place. It is simple to use, and has an intuitive layout.
The YieldTopia Membership NFT
YieldTopia is more than a sum of its dApps, it is a decentralized community.
In the spirit of community bonds, YieldTopia created a membership program, and members receive a unique NFT with their information on it.
Far more than a NFT that will lay idle in a wallet, the YieldTopia Membership NFT gives members access to loads of features and exclusive offers.
According to YieldTopia, the membership gives:
Membership Benefits
- Early access to Beta applications
- Early access to $USDY stablecoin & $YIELD token
- Beneficial airdrops to YieldTopian Membership Card holders
- YieldNFTs: NO platform fees when buying or selling NFTs
- YieldSwap: NO platform fees when swapping tokens via YieldSwap
- YieldPad: NO platform fees when participating in pre-sales
- Governance: Double voting power
- Staking & Farming Pools: Access to members-only staking & farming pools
- Unique VIP title on YieldTopia’s chats (Telegram & Discord)
Future Benefits:
- Physical & Digital Debit Card Attached To Your $YIELD & $USDY Wallet.
- IRL Private Events: private yacht parties, private club parties, outdoor events, and collaborations with partners’ private events.
A Well Designed System
YieldTopia has some incredible design features that make it a long-term options for anyone who sees the power of decentralized networks. By looking at some of the issues that DeFi, and other decentralized innovations encountered up to this point, the devs at YieldTopia built great features into the platform.
- APY Dashboard
The APY Dashboard is where users can track their earnings and a lot more. It is simple to use and understand, and gives community members an overview of what is happening on the platform. - Deflationary APY
There is no need to worry about the future of holdings in the YieldTopia ecosystem, as the APY has a built-in deflationary architecture. Many of the early DeFi platforms didn’t take selling pressure into account, and the reward tokens lost value. - Auto-Staking
You can stake your tokens easily with YieldTopia’s auto-staking feature. No need to live on the platform if you don’t want to! - Auto-Compounding
Watch your earning grow with the auto-compounding feature on YieldTopia. Compound interest is the secret to a big APY, and YieldTopia has it ready for you. - Launchpad
If you want to launch a high-quality dApp for the YIELD ecosystem, the YieldTopia Launchpad is the place to be. It offers support to projects, and helps the community gain early access to great ideas. - Referral Program
YieldTopia is happy to reward anyone who is able to spread the word about the platform. You can earn while you help others learn more about the decentralized platform of the future.
Conclusion
The progress made in the world of dApps and DeFi over the past few years is incredible. What started off as very new ideas has become a resilient industry that fosters innovation.
If the growth in DeFi and NFTs is to continue, platforms like YieldTopia are needed to take these innovations to the masses. People should have greater access to DeFi, and more options for investment.
YieldTopia is taking the most popular ideas from the world of decentralization and making it simple for people to use them all in one simple platform.
It also allows people to create incredible gains with a deflationary APR. If you want to start using YieldTopia, or learn more about how to join, just click here.
The post What is YieldTopia? A Sustainable Yield Protocol appeared first on Blockonomi.
