YieldFarming Index
YFXProject Safety Score: 10%
Updated 3 weeks, 3 days ago& Market
Credibility
Behavioral
Mechanics
Distribution
What is the project about?
YFX is a crypto hedge fund that generates high returns on investment by farming strategies and exclusive investment opportunities.
What makes your project unique?
The crypto market is plagued by a lack of capital for key projects. Historically, UniV2 project incentives have been pennies on the dollar. Zyberswap earns only 50k in fees and 10k in protocol revenue, despite giving out over $400k worth of incentives. Although the Solidly model has improved this situation by increasing earning incentives to 20 and 70 cents on the dollar, there is still room for improvement.
Through hedging between quantitative and qualitative trading strategies, we are expecting a 2.0–2.5% MoM return on the underlying Treasury value, with a conservative APR estimate of 40% APR.
History of your project.
We raised $2 million for our presale, through a private sale and presale on GMD Protocol's launchpad (https://app.gmdprotocol.com/launchpad). We are currently deploying our funds on different yieldfarming apps, improving the relative fund value and bolstering the value of our token.
What’s next for your project?
We are going to yield farm through the bear market, slowly but steadily improving our RFV.
What can your token be used for?
YFX's token can be used to stake in single-stake vaults of $YFX token that streamline part of the protocol's revenue to stakers. (yfxstaking.com)
Risk Report
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.
