What is the project about? Yamfore is a decentralized lending protocol. What makes your project unique? Crypto-backed loans with no margin calls, liquidation risk, interest repayments and indefinite loan terms. History of your project. Yamfore is a decentralized non-custodial lending protocol on Cardano. Yamfore is the first community backed lending protocol, providing stress-free “set & forget” crypto-backed loans for anyone & everyone. Yamfore differentiates itself by offering crypto-backed loans with no margin calls or ongoing interest payments and indefinite loan terms. Traditionally, crypto-backed loans offered by either centralized or decentralized platforms / protocols have typically been facilitated between two parties. The borrowers, who seek to keep exposure to their crypto assets, but require access to immediate capital. And the lenders, who supply capital to the borrowers in return for ongoing interest repayments on their lent funds. The issue with this arrangement comes from the significant power imbalance between both parties. The borrower is often presented with unfavorable loan to value ratios, the constant upkeep with interest repayments and the possibility of a margin call at any time due to a sudden market downturn. If the borrower fails to meet any of these obligations, their collateral position is liquidated and their loan position is closed. This model arguably presents substantial risks to any individual seeking a crypto-backed loan and remains a far cry from a “set & forget” prospect. Yamfore instead takes a different approach, and completely removes the lender from the equation. All crypto-backed loans facilitated through Yamfore are directly funded from the protocol's internal stablecoin treasury. This removes many of the counterparty requiremen What’s next for your project? We already made the V1 testnet, pretty close to the V2 testnet, then mainnet. What can your token be used for? You'll need $CBLP to interact with the protocol.
Daily trade volume is 718.46 USD.
The Yamfore price today in USD is 0.00809161. Through the Yamfore price history, the price ranges from 0.01906692 USD (all time high) to 0.0044698 USD (all time low). Yamfore price last 24 hours fluctuated from 0.00833105 USD (24h high) to 0.00793634 USD (24h low).
Check the Yamfore value today and exchange rates with more than 15 cryptocurrencies and fiat currencies including USD EUR GBP CNY JPY BRL RUB UAH INR CZK VND TRY CHF SEK BTC ETH BNB
Homepage: https://www.yamfore.com/
Block explorers: https://cardanoscan.io/token/ee0633e757fdd1423220f43688c74678abde1cead7ce265ba8a24fcd43424c50
Forums:
Twitter: https://twitter.com/yamfore/
Yamfore live price may differ in various exchanges. Check CBLP real-time data to make informed decisions.
You can buy Yamfore on decentralised or centralised exchanges, via p2p transfers or in individual direct transactions. REVENUEBOT offers an automated trading bot that helps among other things to buy and sell CBLP at predefined levels. This way, no matter, day or night, there is no chance to miss the next move. The REVENUEBOT Yamfore trading robot will buy and sell following the strategy chosen by you.
In short, yes. But manual transactions, however fast, still can not be done in less than a second. That is why automated trading took over both traditional and crypto financial markets. Use the current price of Yamfore and trade with REVENUEBOT in less than a second.
In short, only if the current value of Yamfore will be less than the value of Yamfore at the moment of selling in the future. The Yamfore chart can only assist the Yamfore value today versus tomorrow, or the distant future. No one can guarantee you the profit but the REVENUEBOT is free until it brings you money. Please note that information concerning current Yamfore value or any other information on this page can not be considered investment, trading, financial advice or any sort of recommendation to act in the financial market. The content is provided for informational purposes only.
The answer to these questions depends on the CBLP supply. Check the Yamfore live chart to see the current supply and predict how long it will take for the coins to run out.
Nowadays hardly anyone is unaware of cryptocurrencies. Little was known about Bitcoin when it came out, but today, people talk about it on TV, in the media, all over social networks. Bitcoin is the wo...
In the era of digitalization where cryptocurrencies are gaining ground in the financial world, the issues surrounding both crypto trading and crypto investing are becoming more and more of a concern.
The advent of cryptocurrencies brought the world the technology of a decentralized ledger, which, over time, began to be used outside of digital finance. Smart contracts in the blockchain can be viewe...
The company Chainalysis analyzed how many bitcoins were irretrievably lost for all time. Their amount is 2.5 million BTC. The key reason for the loss is considered to be a frivolous attitude to the ke...
Anyone can invest today. The word investment is becoming more and more popular and fashionable. And the truth is, if earlier investing seemed to be a complicated and energy-consuming business, now the...
Check the current Yamfore value, check the converter, and set up your REVENUEBOT in the demo mode, it is all free!
