bYield Finance aims to build a strong community, starting with the Binance Smart Chain blockchain. Subsequently, bYield Finance will expand to other networks, mainly Moonriver (mYield), Polygon (pYield), Avalanche (aYield) and Fantom (fYield).
Contents:
Description of the bYield Finance platform
bYield Finance — a new project on the Binance Smart Chain (BSC). With the rise in hype, early adopters, adopting BSC decentralized apps, have benefited greatly, especially from simple first generation farms like Goose Finance. However, such farms were not able to maintain sustainability and were soon abandoned due to inflation. Ultimately, it is imperative to have a purpose and proper use of your own tokens to create demand and reasons for HODL.
The goal in the project - to create a site for assumptions and predictions, similar to what PancakeSwap is currently doing. However, bYield Finance was open to more than just speculative cryptocurrencies, and developers will use DAO governance to decide which events should be implemented.
The bYield token will be used for two purposes:
| 1 | Governance and voting rights. |
| 2 | Payment method. |
Towards the end of the liquidity extraction period, when the circulating supply is approaching its maximum, the field token will be provided with more utility to keep the demand. After reaching the end of the mining period, the only way to get more bYield tokens - to buy. So, it is very important to take into account and use during the growing period, as fields will become more sparse with each ransom and burn.
More about the bYield platform
You can get more information about the project through a special introductory document. You will find the rules of work and much more there. Future updates are in the RoadMap section.
The smart contract audit is available for viewing.