Private Sale of DeFiYield on FTMlaunch

FTMlaunch
3 min readFeb 22, 2022

DeFi, or Decentralized Finance recreates traditional financial products and services using blockchain technology. With the locked value of crypto assets seeing more than a 200% increase in DeFi products since 2020, it has surely become one of the more known and mesmerizing trends in the crypto market.

As the DeFi space grows, there is an ever-increasing need for security applications for building a safe and effective environment for growth in the sector.

Continuing the light, the $FTML team is pleased to host an innovative force that is paving the way for building an ecosystem for safe and protective performance in the DeFi land.

FTMlaunch announces the private sale of DeFiYield to be held on the Platform.

Introducing DeFiYield:

DeFiYield is the first cross-chain decentralized security network fulfilling the goal of making the DeFi space safer for everyone by developing the fully automated smart contract security scanner and the unique crypto asset management dashboard that brings together high effectiveness and safety of DeFi investments.

Their unique asset management dashboard offers users multiple options like:

  1. Keep a track on investment opportunities
  2. Continuous information on performance measures on crypto portfolio including P/L, loss measures and farming rewards
  3. Allocation and Reallocation of funds across projects and spectrums
  4. Security alerts of their investment in relation to contracts containing minting operations, Dapps having backdoors and other vulnerabilities

Their dashboard is already live and compatible with 16 EVM and non-EVM compatible chains including Solana and Terra.

The $DEFI token:

The main aim of the $DEFI token is implementation of an on-chain governance system, which is a key element of decentralized protocols. Being fully community oriented, DeFiYield enables users to make strategic decisions on the project’s development.

Other use case includes:

  1. Discounts on services for $DEFI holders
  2. Full access to all DeFiYield products: audit services, the rekt database, smart contract scanner, and approved contracts info
  3. Access to exclusive closed community chats on DeFi projects
  4. Strategic partnerships: This includes implementation of $DEFI as additional rewards for participation in certain pools of partnering projects
  5. Smart contract auditing with decentralized verification, which can be paid by using the $DEFI tokens, the application will use $DEFI to reward node validators for performing smart contract security checks with automated scanner

About the $DEFI team:

Founded by experienced yield farmers and for yield farmers, the DeFiYield team is experienced in providing independent smart contract security audits.

They conducted their first audits in July 2020, shortly after the yield farming industry boomed and brought impressive return opportunities for users and have since led the way in developing and fostering new security standards in the community since then.

The DeFiYield team has been working for over a year and already have a live product with around 500.000 Total Visit Monthly on the website.
Fun fact: They have invested over $1.5m for the first year of development without any external funding!

The founders have also written the Best Selling Book: “The Wall Street Era is Over: https://www.amazon.com/Wall-Street-Over-Cryptocurrency-Decentralized/dp/1527295362

Details for Private Sale on FTMlaunch platform:

Total Raise: $100K

Softcap: $100K
Hardcap: $100K

Private Community Sale Price: $0.24

Vesting: 9 months linear vesting
TGE: Late Q1

Dates:
Registration: 24 February 2022
Private Sale: 26 February 2022
FCFS: 27 February 2022
Private Sale end: 28 February 2022

For more info on tokenomics, click https://docsend.com/view/scb78eqkku5h3kz9.

The current date for DeFiYield Private Sale on the FTMlaunch platform is 26 February 2022.
Registration starts 17:00 UTC, 24 Feb 2022.

We are excited for this partnership and wish a successful launch to the team. The FTMlaunch team looks forward to updating you with more information as the date approaches.

Geonbae!

Socials Links:

Join the Financial and Investing Revolution with DeFiYield:

Website https://defiyield.app/
Telegram https://t.me/defiyield_app
Twitter https://twitter.com/defiyield_app
Pitch Deck: https://docsend.com/view/t64qjsqeinrtceg8
Roadmap: https://docsend.com/view/8mz6g7uuh4gg5b65
Video presentation: https://www.youtube.com/watch?v=J-Q-SZtAdao

About FTMlaunch

FTMlaunch is the First Decentralized and Permissionless Crowdfunding platform launching the next generation of disruptive applications on the Fantom chain.
With an ambient goal of building an inclusive Defi infrastructure in the Fantom Ecosystem, FTMlaunch will establish itself as the ideal one-stop destination for investors and developers wishing to immerse themselves in the $FTM ecosystem.

Website | Telegram | Twitter | Medium

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FTMlaunch

First Decentralized and Permissionless crowdfunding platform on Fantom