Name of Project / DAO / Company
YIN Finance
Application type
Grant
Proposal overview
YIN Finance is a liquidity management platform that provides professional liquidity management solutions for DeFi farmers.
However, YIN’s goal does not stop there. YIN is based on a decentralized financial service organization. With the prosperity of the DeFi world growing, the potential for financial services and solutions continues to expand at a rapid rate. YIN wants to be a solution for decentralization in this world of financial services through its in-depth and professional services.
Until now, YIN Finance has been deployed on the Ethernet network and has passed an audit by Slowmist. Our Mainnet is expected to be launched at the end of November. As can be seen from our upcoming IDO on DAOMaker, our user base comes from all over the world, with people in regions like Southeast Asia, Russia, Japan, Europe and other major communities having participated in this IDO. Our community currently has approximately 20k active users.
Future Plans:
Mainnet Launch We’ll be launching our Mainnet in Nov 2021, something that we have been planning for a long time and incredibly excited about.
Deployment In addition to deploying on Ethereum, we’ll be deploying before the end of this year. Connect to Perpetual Protocol and deploy on Arbitrum network.
User Created Strategies In the first quarter of 2022, we will be allowing users to create their own CHI strategies on V3.
Platform Upgrade We’ll also be retooling and upgrading our platform, tools and module for users to provide the smoothest possible experience for our users.
DAO-focused Multi-Strategy Management We’ll also be developing the management of $YIN with the help of our DAO in the first quarter of 2022
YIN Finance Milestones
Milestone 1 - by end of Dec 2021 - $10000 token grant needed
Deployment on Arbitrum. We will integrate with Curies’s perp v2 and maintain the Uniswap v3 liquidity project simultaneously. Potentially vault funding will increase through the leverage of LP, and high-frequency trading strategies will be used to hedge the risk of pledged liquidity. Hence, building liquidity vaults for Curies’s perp v2.
Milestone 2 - by end of Mar 2022 - $5000 token grant needed
Leverage the price oracle machine provided by Curies to calculate the capital limit on our project. This will improve accuracy and in-time price update. Subsequently enhance users’ confidence on our platform.
External links
Website: https://yin.finance
Twitter: https://twitter.com/YinFinance
Telegram: Telegram: Contact @YinFinance
Telegram Announcement: Telegram: Contact @YinFinanceAnnouncements
Vietnam: Telegram: Contact @yinfinancevietnam
Korea: Telegram: Contact @yinfinance_Korea
Japan: Telegram: Contact @yinfinancejapan1
Mandarin: Telegram: Join Group Chat