YDragon Update — December 2021
Let’s take a look back at YDragon developments during November, and a little look at what’s on the cards for December
Well what a month it has been here at YDragon HQ! The biggest in our project’s young life by far, and such an exciting time for us all. The YDragon platform has really sprung to life in a couple of incredibly exciting ways, and from here on out, the only way is up!
To say we’ve seen some cool developments would be such a huge understatement, what we have seen and how well it’s been received is simply fantastic. It has been a little quieter than usual on the partnership front, with the team focussing almost entirely on product and tech developments, and getting marketing strategies in place ready for the launches.
November in Review
YDragon has made some absolutely HUGE moves in November, let’s have a quick recap.
Development Milestones
I’m not even gonna tease, I’m just gonna dive right in!
YDragon StakePad is Live!
After meticulous testing, tweaking and perfecting, the native YDragon StakePad finally went live during November. The feedback has been fantastic, with the sleek design, simplicity of use and generous APY offering being incredibly well received by our community.
The StakePad offers four different staking options; two single asset and two dual-asset LP token, with one from each on BSC and ETH respectively. To learn more about the StakePad click here, and to go right ahead and stake click here!
YDragon’s Inaugural Index is Here!
The news you’ve all been waiting for has finally arrived! As if the live native YDR staking wasn’t enough, November also saw the long awaited arrival of our first index, officially known as the BSC Maximus Index. Here is the index composition:
The IMO (Index Minting Offering) period has just ended, during which there was a 0% minting fee, but don’t panic, the post-IMO minting fee is only 0.5%.
One further piece of amazing news surrounding the BSCX index is the fact that now the IMO period has finished, BSCX staking is now live. Yes, you read that right, you can stake your index tokens and earn YDR! The BSCX staking pool started at an eye-watering 35,000% APY, but of course as the pool fills, this will reduce.
You can find out everything you need to know about our inaugural index here, or head straight over to the website to invest here!
Partnerships and Growth
There has been a huge focus on the product and platform side in November, but we’ve still managed to squeeze in a little network growth!
November saw the addition of incredibly innovative decentralised identity protocol, Hypersign. The solution Hypersign have created could well be the next generation of identity authentication, offering a simple-to-use authentication solution that secures your data by combining Digital Identity with Blockchain.
Read more about our Hypersign partnership here.
Given the huge developments of the last couple of weeks, you will have already begun to see a big push on marketing to increase brand exposure and accelerate community growth. Marketing and ads are in place with a number of AMAs, social media influencers and top crypto platforms (as mentioned above), so we hope and expect to see some big moves in the YDragon community numbers, especially with the developments to come!
December Preview
Well, now that the ball is rolling, I strongly recommend you keep a close eye on what’s coming!
On the network and partnership front, we have a nice healthy pipeline to bring to the YDragon ecosystem, the first of which should be in the next few days.
On the tech and development front, we have a couple of exciting things in store. Firstly, we will very soon be expanding onto another EVM compatible chain, creating another index opportunity.
Secondly, we can confirm something very exciting; the team are actively working on a metaverse / GameFi index! Blockchain games and the metaverse have so much hype right now, and it doesn’t look like slowing down any time soon, so let’s get involved!
Yield to the mighty!
Buy YDR here.
Contract Address: 0x3757232b55e60da4a8793183ac030cfce4c3865d
If you’re curious about the listing and performance and would like to take a look at the charts, this should make life easier for you. You can find the BSC chart here and the ETH chart here.
Find out more about YDragon on our website.
Follow YDragon on Twitter, Facebook, Instagram, Reddit, Linkedin, Telegram, and Telegram Announcement.
