DeFiYield is the first decentralized cross-chain security network that optimizes safety and investment efficiency in DeFi through automated smart contract vulnerability scanning technology.
The project provides comprehensive security solutions and a cryptocurrency asset management dashboard, helping investors assess risks, track portfolio performance, and access DeFi products more easily.
MAIN CONTENT
The X-Ray security scanner helps quickly detect risks and vulnerabilities in smart contracts.
DeFi asset management dashboard with over 350,000 users across 17 blockchains.
The DEFI Token offers various governance utilities and incentives within the DeFiYield ecosystem.
What is DeFiYield?
DeFiYield is the first decentralized cross-chain security platform designed to enhance safety in the DeFi space. The project develops an automated security scanning tool for smart contracts along with a multi-asset cryptocurrency management dashboard, helping users invest more effectively and safely.
Not only auditing the security of contracts, DeFiYield also assists projects in continuously improving vulnerabilities, while alerting the community about potential security risks, enhancing transparency and trust in the DeFi market.
What is special about the project?
What is the world's first X-Ray security vulnerability scanner?
The X-Ray scanner is an exclusive tool that quickly detects security vulnerabilities and potential hacking risks in smart contracts in just seconds with a click. This product was invented by co-founder Matthew and is widely applied in the industry.
The X-Ray scanner opens a new era for DeFi safety as a project can self-assess its smart contracts without relying on external auditors, enhancing transparency and trust for users.
Matthew – Co-Founder DeFiYield, 2023
This tool helps instantly detect risks such as potential fraud, hacking, or unauthorized withdrawal of project developers' funds. Notably, this feature minimizes dependence on third parties and increases proactive protection of the community's cryptocurrency assets.
What is the asset management dashboard and what does it support for investors?
The DeFiYield dashboard supports over 350,000 users across 17 blockchains, providing expert insights into asset status, profits and losses, impermanent loss, and an overview of liquidity pools and yield farming.
The platform allows for personal risk assessment in portfolios, alerts about projects with high potential risks, helping users protect their investments. Additionally, the dashboard integrates many DeFi functions such as investing, swapping, staking, lending, and trading, providing a seamless experience in one place.
What does the DeFiYield ecosystem include?
DeFiYield creates a diverse ecosystem with partnerships from many prominent platforms such as Zapper.fi, ZERION for asset management; DeBank, APY.vision for DeFi analysis; and reputable security units like Quantstamp, CERTIK.
This ecosystem integrates both CeFi like Robinhood, InteractiveBrokers, creating cross-chain connectivity and bridging traditional finance with decentralized finance, enhancing utility and safety for users.
Basic information about the DEFI Token?
DEFI Token is a utility token compliant with the ERC-20 standard on the DeFiYield blockchain, with a total supply of 1 billion DEFI. This is the key governance tool of the system, enabling users to participate in project development decisions.
The token allows full access to DeFiYield products, participation in exclusive communities, staking, and creating nodes on the network. DEFI holders also receive service discounts and rewards when participating in strategic collaboration pools.
How is the DEFI Token allocated?
12% Project reserve fund
10% Seed round
8% Strategic investor
15% Token sale for the community
15% Development team reserve
10% Marketing budget
3% Early supporters
20% Incentives for liquidity providers
7% Development and community funding
Who are the team, investors, and advisors for the project?
The DeFiYield team consists of experts with top experience from various corporations and fields such as Waves, Accenture, UBS, Citi, and the United Nations. Co-Founders: Michael, Matthew, Gabriel stand out with extensive experience in crypto and investment.
Michael is an expert in international law and tax; Matthew previously advised marketing for the EU President and created the X-Ray tool; Gabriel is an early investor in Polkadot, Cosmos, Tezos, and has million-dollar marketing revenue.
The project is also supported by prominent funds such as Huobi Ventures, SwissBorg Ventures, Shima Capital, along with reputable angel investors like Justin Lee (Coinbase M&A), Kain Warwick (Synthetix), and Dean Thomas (Polygon).
The founders of DeFiYield commit to investing over $1.5 million in the first year, demonstrating seriousness and a sustainable vision for the project.
Founding team of DeFiYield, 2023
Summary
DeFiYield is a pioneering platform in cross-chain DeFi security with an exclusive X-Ray scanning tool and in-depth asset management dashboard, maximizing user support in their journey for safe and effective investing.
DEFI Token is multi-utility, backed by an experienced team and top market investment funds. Investors should carefully consider and consult official information sources to make informed decisions.
Frequently Asked Questions
What distinguishes DeFiYield's smart contract security?
DeFiYield features the world's first X-Ray scanner that rapidly detects vulnerabilities, minimizes hacking risks without the need for a third-party auditor, ensuring high reliability for users.
Which chains does the DeFiYield asset management dashboard support?
Currently, the dashboard supports over 17 major blockchains with over 350,000 users, providing insights into investment performance and risk alerts for personal portfolios.
What utilities does the DEFI Token have in the ecosystem?
DEFI Token is used for governance, accessing products, staking, receiving service discounts, and rewarding activities within the DeFiYield ecosystem.
Who are the reputable investors behind DeFiYield?
DeFiYield is supported by funds such as Huobi Ventures, SwissBorg Ventures, Shima Capital, along with famous angel investors in the cryptocurrency industry like Justin Lee, Kain Warwick, Dean Thomas.
How experienced is the founding team of DeFiYield?
The team consists of experts who have worked at Waves, Accenture, Citi, the United Nations, along with founders with many years of experience in crypto, law, and international marketing.
Source: https://tintucbitcoin.com/defiyield-la-gi/
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