What is YF? (What currency is YFL?)

What is YF? What currency is YF?According to the official introduction, YF is a

What is YF? (What currency is YFL?)

What is YF? What currency is YF?

According to the official introduction, YF is a derivative token of YFI. Its main functions include: governance, lending, staking dividends; liquidity mining (users providing liquidity funds to earn profits); platform token issuance, with a total supply of 1 billion coins. YF is a new type of digital currency that is technically similar to Bitcoin as a cryptographic asset, but it does not have smart contract functionality to guarantee its security, while also having programmable characteristics. YF, as a decentralized application software, allows people to transact through smart contracts.

What currency is YFL?

YFL is a cryptocurrency based on blockchain technology, created by blockchain technology expert SamSun. This digital asset is generated and distributed to participants through mining, thereby reducing investment thresholds and risks to a certain extent. The main feature of YFL is that it does not rely on any centralized server to maintain its network; it is also a decentralized protocol that allows users to transfer cryptocurrencies such as Bitcoin and Ethereum to smart contracts for trading, without the need for presales or crowdfunding.

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