Dear Respected Users：
Hotbit is scheduled to list YFOS(YFOS.finance).
Deposit function launches at：2020.10.23 06:00 AM UTC
Trading function launches at：2020.10.23 10:00 AM UTC
Withdrawal function launches at：2020.10.23 10:00 AM UTC
【Hotbit users exclusively enjoy “Minus Maker Means Minus Transaction Fee” mechanism. By placing and settling any maker order, the user will enjoy 0 transaction fee and an extra 0.05% of the trading volume of his/her maker order as reward!】
YFOS.finance is one such platform that offers a number of different applications related to DeFi as well as non-fungible tokens (NFTs). The platform’s native cryptocurrency YFOS is an Ethereum-based ERC20 token.
Different Functions of YFOS.finance
Roping-A-Bull: The Rope is basically a staking function of YFOS.finance wherein investors can earn rewards by depositing particular tokens. Soon as the staking amount is created, the rewards are quantified from the very beginning. Currently, YFOS.finance offers the Rope function facility only for the Uniswap Liquidity Pool tokens. The platform currently offers two Rope pools – YFOS-ETH LP and YFOS-USDT LP – with each pool offering a total of 2,500 YFOS in reward. The rewards are calculated based on the number of LP tokens deposited in the pool. Interest is calculated every second wherein users can claim and withdraw anytime.
Breeding-A-Bull: The Breed function is popular for staking non-fungible tokens and earning YFOS NFT (ERC1155) by staking the actual ERC20 YFOS tokens. A non-fungible token (NFT) is a special type of cryptographic token that represents something unique or non-fungible that is not mutually interchangeable. NFTs represent digital ownership and the possibility of asset interoperability across different platforms. Breeding is a popular concept in NFT games wherein one can buy a digital asset and nurture it aka breed it and sell it at a higher price.
Bank: This is the third major function of the YFOS.finance platform. The banking function uses the platform’s vault wherein one can deposit particular tokens and receive some portion of interest during the maturity period.
The YFOS Marketplace for NFTs
Since the YFOS.finance platform caters to different applications of non-fungible tokens, the YFOS Market will be a huge marketplace for NFT-related activities. Besides, it also serves as an effective platform for minting. Every single digital asset on YFOS Market shows a cryptographic proof-of-ownership for the content creators or former owners.
Token type: ERC-20
Total supply：50,000 YFOS
Circulating supply: 40,000 YFOS
Contract address: 0xCd254568EBF88f088E40f456db9E17731243cb25
The investment on cryptocurrency projects is subject to high market risks.Please make your investments cautiously. Hotbit will make best efforts to choose the cryptocurrency projects with high quality,but Hotbit will not be responsible for any of your investment losses.
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