VyFinance

About VyFinance

What is VyFi? VyFi is a Cardano Native Token (CNT), designed for decentralized finance (DeFi) applications. We are constructing a DeFi platform designed for new and experienced users alike, bringing a new approach to the user interface, and a distributive mechanism being managed by our Auto-Harvester. Backed by a proprietary trading firm, we are able to combine crypto with a real-world operation. We will also be focusing on education, and providing information on on-boarding new users to the world of DeFi.

What distinguishes VyFi? VyFi plans to bring Auto-Harvesting to Cardano, which will be made as efficient as possible thanks to our Neural Net. The Neural Net will be used to measure risk across yield-farms, using impermanent loss, and a self-improving algorithm, to find the best Yield Farm’s to Auto-Harvest! The Vy Ecosystem This consists of 4 components, all linked through smart contracts. The Auto-Harvester, The DEX (decentralized exchange), The Bar and LMS (Learning Management System). Auto-Harvester (AH) The Auto-Harvester is a smart contract that will manage yield farming/liquidity pool investing across multiple platforms. Users will deposit their Cardano into our AH, and will be given access to our dashboard. This will contain all the information regarding their deposit, current portfolio value, and pending harvest. The auto-harvester distributes rewards once weekly, and 15% of all earnings are shared to the VyFi Bar.

Decentralized Exchange (DEX) Our DEX will allow users to swap between tokens across the Cardano ecosystem. We will also be hosting pools where users can stake VYFI to earn other CNT’s. Our principal method for releasing our token (85% of supply) will be through the process of yield-farming, where we reward those that provide assets to our liquidity pool for exchange.

The team supply is only 2.5%, and this is vested over 4 years.