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Tokenomics - YFBitcoin
YFBTC logo
Chain: Ethereum smart contract (ERC-20)
Initial Circulating Supply : 1196 YFBTC (5.6% of 21,000 Total Supply)
Total Supply : 21,000 Total Supply
Yield farming : 94.4% of 21,000 Total Supply ONLY can be obtain through yield farming
YFBTC token smart contract has been audited & certified by Certik.
YFBTC Protocol :
- Follows the same protocol as Bitcoin.
- 1000x lesser supply than Bitcoin
- Halving rewards every 6 months
- 5% of every transfer/transaction 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/transaction fee, in which 3% will go to Devs and 97% will be permanently burned. This is to maintain a higher reward of 5x ratio for YFBTC/ETH.
How to obtain YFBTC:
- Buy at Uniswap [ 🧙♂️ Note: slippage setting to 6%, this is due to the deflationary oracle function]
Please make sure that your liquidity is at Uniswap V2 (UNI-V2). Yield farming for YFBTC only support liquidity pool provided in UNI-V2.
Recognised pairings to farm YFBTC will be shown in yfbtc.net Menu. Learn more about YFBTC pairings & rewards in 👉 this articles.
Last modified 8mo ago
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