Introducing the Innovative DeFi NFT Utility Protocol, Yieldification
While many NFT utility protocols have stormed the DeFi industry to make the space more fascinating and efficient for enthusiasts and users, Yieldification has emerged as an innovative DeFi NFT protocol suite to provide the industry with exclusive tools.
Yieldification (YDF) is an exciting DeFi NFT utility protocol that incorporates both established and innovative concepts to integrate NFTs in unique ways that have not been seen before. With YDF, you can expect familiar ideas implemented in new, practical and imaginative ways alongside brand new, innovative concepts exclusive to the YDF platform.
The innovative protocol gives users access to a world of opportunities to explore the potential of NFTs in DeFi, unlike anything else that currently exists. The platform’s innovative approach means you can expect to find a variety of new applications for NFTs that have yet to be explored and new and creative ways to use existing NFT concepts.
YDF has introduced a unique staking model that allows users to earn returns while locking in their YDF tokens. In addition to the commonly used concept of stake, YDF offers an NFT as a “certificate” or “receipt” for the stake deposit, which contains the keys and all metadata. This NFT enables the owner to claim the returns generated and can be transferred or sold to another party to transfer ownership. As a result, players can realize profits on their initial investment without waiting for stakes to be unlocked, creating a new market for yield-bearing NFTs.
Meanwhile, to offset any emissions from staking, YDF has built-in income-generating tools, including futures trading, a purpose-built NFT marketplace and an over-the-counter (OTC) trading platform. Futures trading allows users to open perpetual long and short positions against individual assets and custom-made indices represented by NFTs. The NFT Marketplace enables users to trade their NFTs with other NFTs, collecting fees as income. The OTC platform offers pools and packages for trading different assets and types of assets directly with each other, with low fees and zero slippage.
The trick behind YDF’s unique mechanism and what sets it apart from other platforms is its partnership with other crypto projects to integrate its OTC platform on their websites through white-labeling. Users can visit the website of their trusted project to use the shared OTC platform, to the benefit of all parties involved. YDF has made integration easy with its purpose-built white-labeling process, allowing any project to customize the OTC platform integration to include its own branding and style preference.
Join YDF:
Website:
Platform:
Documentation:
Telegram: t.me/yieldification
Email: [email protected]
