This project is going to be launched very soon, so hurry up and purchase the proyect token.
Spain- January 31, 2022 — Everyone is familiar with how the traditional banking system works, from lending to paying it back with heavy interest, credit cards, shares, commissions at ATMs, etc. If looked closely, then two major problems exist with this system; 1. The first problem is that people have to pay a lot of commission and 2. The second one is that all of this system is controlled by institutions and governments.
After a lot of hard work and thinking, experts could find a solution to the problems above. In recent two years, it’s been evident that a lot of development in cryptocurrency and blockchain technology. Decentralized Finance (DeFi) and blockchain technology were the main ingredients in building the structure of the traditional banking system. All of these apps will be backed by the governance of exclusive token YIGEN by YIGEN FINANCE.
YIGEN FINANCE is a structure of a traditional banking system obtained by Decentralized Finance (DeFi) and Blockchain Technology. This all-in-one platform for P2P and crowdfunding loans is set to be launched very soon. The token of the ecosystem, YIGEN, is a must for early participation.
To be specific, they have used the model of Decentralized Autonomous Organization (DAO) and smart contracts. The experts YIGEN have assured transparency, autonomy, and security through these models. These two models will also serve as a base to create the following dapps; P2P Exchange, Lending-Borrowing, Swap, Staking, and Ip pools and the new dapps in development, the first yiending-generating nft, with which you can get benefits from all previous dapps with a single click.
The main mission of Yigen Finance is to provide accessibility, security, and speed through blockchain technology to users and startups. Their clients will enjoy the traditional banking system but with the perks of very low commission and control of the third party.
The development of the Yigen v1.0 smart contract has already been completed, and our first dapps is ready for launch. To access the roadmap, determined investors can visit here.
Yigen finance ecosystem has many salient features like Staking, Crowdfunding, Lending/Borrowing, and P2P. They will discuss each of these features of the ecosystem and its future role in the development of projects. dApps will be built for the lending-borrowing, Crowdfunding, and P2P.
Moreover, Yigen has a unique system because it is a BEP-20 token. It provides the ability to stake and vote on the yigen protocol. The owner of the token can delegate their voting power to their address or others.
About Yigen : It is an all-in-one platform for P2P and crowdfunding loans. The native token of the BORROWDAO ecosystem is the yigen , which is a BEP-20 token built on the Binance Smart Chain (BSC). Binance Smart Chain is offering the same token in 30%-100% fewer fees, and also the time of transaction is low comparatively.
If crypto enthusiasts want to read more about the Tokenomics of Yigen and the distribution of the native token of the Yigen, click here.