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YES Token is a utility token that enables customers to borrow cryptocurrencies by using them as collateral. The token can be lent and borrowed on the “yestoken.digital” platform. YES Token is associated with YES X Technology Lending, a decentralized digital asset lending business developed by YES X Technology (Thailand) Co., Ltd. This platform combines centralized finance with decentralized finance (CeDeFi) to provide a comprehensive lending solution.
The development and operation of the lending and borrowing platform, “yestoken.digital,” and the YES Token is carried out on the Bitkub Chain. Bitkub Chain, which supports the growth of the blockchain industry, including tokenomics consulting and technical designing, facilitates the generation of the YES Token and the implementation of smart contracts. Integrating blockchain technology with finance creates a unique platform that promotes transparency and efficiency in digital asset lending.
YES Token has formed strategic partnerships to expand its reach and usability. It has collaborated with LazMall, an e-commerce platform, to offer special bundle deals that include products and YES Token. YES Token is integrated with BUZZEBEES’ CRM & Loyalty Platform, allowing customers to convert their loyalty points into YES Token. Moreover, Ocean Life Thai Samut customers can redeem their Ochi Coin for YES Token, further enhancing the token’s utility and accessibility.
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