Tokenomics - YFEthereum

YFETH logo

Ticker: YFETH​

Contract Address: 0x68763e696bdee1726e5a2d100fceaa5bd6c2fb3e​

Chain: Ethereum smart contract (ERC-20)

Initial Circulating Supply : 9889 YFETH (13% of 75,000 Total Supply)

YFETH Protocol :

  • Follows the same protocol as Ethereum.

  • 1000x lesser supply than Ethereum

  • Deflationary Oracle Network

  • 2% of every transfer/transaction of YFETH will be burned

Deflationary Mechanics YFETH:

  • 2% of YFETH will be charged as transfer/transaction fees, in which 6% will go to Devs and 94% will be permanently burned. This is to maintain a higher reward 2x/1.5x ratio for YFETH/ETH & ETH/USDT & USDC/ETH.

  • ​YFSWAP will integrate staking, and DEX exchange. The fees (0.3%) are distributed partly(0.05%) for users staking rewards. YFSwap will take 0.045% for BUY BACK YFETH, causing a positive price growth, whereas the rest of the 0.3% (0.205%) is shared with the LP provider.

  • ​YFSwap may have lottery system (Coming soon, may change)

  • ​YFSwap may have mobile version (Coming soon, may change)

How to obtain YFETH:

  • Obtain UNI V2 LP token from Uniswap for recognised pairings and start to farm at yfswap.finance.

    [Upcoming soon]

Please make sure that your liquidity is at Uniswap V2 (UNI-V2).

🧙‍♂️ Note: Recognised pairings to farm YFETH will be shown in YFSwap Menu. Learn more about YFETH pairings & rewards in 👉 this articles.