Yearn Finance Bit (YFBT) is a decentralized token under the BEP-20 (Binance Smart Chain) protocol. It allows users to earn a yield by staking it. The YFBT staking platform enables investors to earn a yield on the YFBT token by depositing the purchased token on the YFBT website. An Annual Percentage Rate (APR) of 10% is earned on the token’s value, and staked tokens can be unlocked at any time for a fee. With Yearn Finance Bit, users can bet and accumulate tokens on the revolutionary system known as DEFI alongside major projects listed on Binance like Cake, Burger, Certik, Venus, and others.
Yearn Finance Bit has a total supply of 4,500 YFBT, with a maximum supply also set at 4,500 YFBT. There was a pre-sale allocation of 3,000 YFBT, and it has been listed on exchanges like PancakeSwap and Hotbit. In addition to YFBT, there is also Yearn Finance Bit2 (YFB2), which serves as the YFBT governance token designed to maximize earnings within yfbit.finance. The YFBT Staking rewards users with YFBT and YFB2 governance tokens, with an APR of 25% for YFBT and distribution rates of 1 YFBT = 0.5 YFB2. Yearn Finance Bit2 has a total supply of 5,350 YFB2.
Core Finance Bit (COBIT) is also part of the Yearn Finance Bit ecosystem and serves as the harvest token in the farm of Yearn Finance Bit. COBIT has an APY of 400-4000% paid in the same token, and its total supply is 710 (with 300 blocked forever). It has been listed on Uniswap and can be farmed with LP blocked forever or with free LP for withdrawals. The circulating supply of COBIT is 610, and tokens burned amount to 300. Users can also stake YFBT/YFB2 and participate in delegation and earning rewards through good validator performance.
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