What currency is YBii (what currency is yfiiii)

What currency is YBii? According to official news, Webster Ratings has announced the launch of “YFii”, a decentralized digital currency trading protocol. The project was initiated by Virgin Galactic, a British blockchain investment institution, and co founded by David Chaum and Changpeng Zhao, founder of Bitfinex Exchange

According to the introduction, YFii is an encrypted asset based on smart contracts. It is created on Ethereum through the contract function, and its total issuance is always 100 million pieces. Its biggest characteristic is that it is easy to manage and can be used for low-risk transactions, such as hedging and liquidity mining; In addition, users can also gain profits by participating in platform governance What currency is yfiiii? It is also known as “liquidity mining” and was developed and launched by YFI’s team. Yfii had a circulation of 200 million units in the first three months, with a total supply of 100 million units; The current market value exceeds 2 billion US dollars; The official lockdown amount is 1.5 billion US dollars. In the introduction, the project has three main characteristics: 1. Community governance: Token holders can vote to decide whether to issue or destroy tokens 2. Yield farming: Distribute all rewards to users participating in mining (ydice. finance).