YIELD PROTOCOL ANALYSIS Project #6: Yield Protocol This is an open-source platform created especially to help DeFi users increase their earnings. With Yield Protocol anyone can create and carry out yield farming on the Ethereum blockchain DeFI ecosystem. The protocol also helps smart contracts assess market situations providing insights on how to effectively deploy funds. Accomplishments Currently, the Yield Protocol staking APY is close to 250%. March 5, 2021, YIELD token went live on Uniswap and Gate.io Yield protocol’s foremost achievement is the launch of Yield protocol SHO on Maker DAO on February 23, 2021. Approximately 538,000 DAO tokens were locked by willing investors looking to take part in the YIELD token sale on Gate.io. This amount was about 13,258.75% higher than the proposed locking goal. Future releases The first product on Yield protocol is a secure algo farming platform dubbed Yield Shield. Yield Shield, according to reports will “automatically farm the highest yield available from the newest DeFi protocols”. It will also help maximize yields using recent farming mechanisms. Yield Shield MVP is officially live. Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #yieldprotocol #yield #yieldcoin #deficoinprice #deficoin #deficoins #defi https://www.instagram.com/p/CNKfSWWg4e0/?igshid=1d7bz5uo42oad
