AMA RECAP with Yearn Finance Franchising (YFF)
Live at DeFiProjectAMA Telegram GROUP.
YEARN FINANCE FRANCHISING is a Swiss-based Token system for online merchants, multinational corporations, and financial intermediaries worldwide.
Date: January 2, 2021
Time: 7 pm GMT +7
Guest: Carlos
been into crypto for over 3 years. learning, adopting and exploring crypto.
And now, been part of YFF, a DeFi project with a cause.
Host:
Jacob Lim
Amanda Simon
Telegram Community:
The AMA will be in 3 Phases
- 1st Phase: Questions from The Team
- 2nd Phase: Questions from the Twitter Followers
- 3rd Phase: Questions from Telegram Community
1st Phase:
Questions from the Team.
Jacob:
Can you introduce to us about Yearn Finance Franchise?
Carlos:
Yearn Finance Franchising is a Swiss-based Token system for online merchants, multinational corporations, and financial intermediaries worldwide.
The company offers solutions optimized for eCommerce, mobile commerce, and in-store transactions.
Yearn Finance Franchising (YFF) is a lending and borrowing assets in decentralized finance. You can use this trusted platform and the same time you are investing on it.
Our official website: https://yffranchise.com
Jacob:
What is the idea behind the creation of this project? Does it have special feature?
Carlos:
Its for optimization for e-commerce, mobile e commerce for convenient use of technology through DeFi.
We will have our token keeper for sending and storing assets, we connect for online stores, and of course p2p lending/borrowing through collateralized.
Jacob:
Since you are in presale stage, can you tell us about the details?
Carlos:
Yes, presale to listing will have x2 gain.
Presale details
Allocations: 216,000
1 eth: 1,600 YFF
Minimum contribution 0.1
Maximum contribution 5 eth
Total supply is 300,000 YFF.
To buy YFF, just sent eth to the provided address and wait for your tokens to be received.
Jacob:
In uniswap listing, how much percent gain would it be?
Carlos:
Well yeah, it will be x2
1 eth: 850 YFF in listing.
Jacob:
What are your strategic plan to keep moving after listing?
Carlos:
As DeFi
1. Yield farming
2. Borrowing/Lending
Mid June 2021
App Wallet with its own Dapps
That is a great play for traders and holders.
2nd Phase:
Questions from Twitter Followers.
Amanda:
Q1 from @Ontortk
Where does Yearn Finance Franchising name came from? What does it means to you? And what is the reason behind choosing this name for your project?
Carlos:
DeFi is being the leading rising economy of crypto space. We come up to an idea where a good and popular trademarks are being used.
Yearn Finance Franchising (YFF) is a lending/borrowing assets in decentralized finance.
A concept with good quality encouraged us to make such one.
There will be also yield farming.
Amanda:
Q2 @masteryi1976
You mentioned on Twitter that the conditions for the Covid-19 pandemic in 2020 are not as smooth as expected. Can you tells us what obstacles YFF faces in the current pandemic condition?
Carlos:
It affects many people. We on YFF can help through.
1. Online transactions
2. Convenient use of e-commerce platform
3. Social distancing
4. Earning through investing
Amanda:
Q3 @Luckyluck041
What is your background and how did you come to the idea to create your project?
What is the business model of Yearn_Franchise ? How Yearn_Franchise project generates revenue for project development?
Carlos:
Team got an experience before crypto, most of them are entrepreneur, then we adopt it to crypto.
Most of platforms now are open sourced so we can make 1 too.
To generate revenue is to list it on exchange and goes to DeFi. Aside from usecase, we generate income and will be circulates through its ecosystem.
Amanda:
Q4 @Asyahteguh
heard the word DeFi, this is a very well known system that many Crypto projects have used this system. what makes your DeFi Project different from other Projects? how do you carry out your vision and mission
Carlos:
Well, we are currently working for a good stop shop.
I mean, app wallet with dapps, it will help connect directly your assets to other platforms where YFF is used.
P2P borrow and lending will be easy as 1, 2 and 3.
We have also staking, we can add NFT too for yield farming.
Amanda:
Q5 @Ciknung3
Token burning is beneficial for any project, as it controls the amount of token circulation and provides greater incentives to investors. Does your great $YFF project have plans for burning tokens in the future? and what is the method of burning it ??
Carlos:
Unsold tokens from presale will be burned, we will show proof of burn and it will not be recover.
That will help reduce its circulation that can also known traders to get in.
3rd Phase:
Questions from Telegram Community (5 lucky Questions wins a Prizes)
1. @Alika061
how many slots are available on the $YFF token presale this time then is there a minimum transaction to participate in the #YearnFranchising presale and how do I make a payment during the pre-sale and where can I buy $YFF tokens?
Carlos:
In few hours, we will open our public sale.
1 eth: 1,600 YFF
Listing will be 1 eth: 850 YFF
Hardcap is 100 ETH
Softcap is 60 ETH
2. @Jin_drugs
am a crypto investor and I only care about prospect of a crypto that I chose, tell me the reason why I should choose your project over the existing one ? What is your coin advantage that can convince me to change from my favorite token?
@PromotersPP
Carlos:
Aside from x2 gain in presale to listing.
We will have our staking, also we will launch our own platform which can be convenient and user friendly.
Our token asset got no hack abuse and tokenomics is good which makes this project a good call.
We can never deny, presale is a huge gainer in crypto space.
3. @Jin_jrx
I want to have a long-term investment with the YEARN FINANCE FRANCHISE project, but at this point I have doubts, how can you convince INVESTORS and convince me that this project is SAFE and PROFITABLE for the long term?
Mr. @PromotersPP
Carlos:
YFF can be used in its ecosystem when operations are live.
Thats the first thing to consider.
For long term, we have staking which we give you interests for locking token assets in a period of time.
We will have borrow/lending where YFF can be used as collateral, which makes the project grow.
4. @bimasurya88
Smart contracts are one of the vital objects of security, how about smart contracts at YFF, have they been audited by internal or external parties then how ready is your platform to respond to these conditions?
Mr. @PromotersPP
Carlos:
YFF smart contract is "not yet audited" but it is "verified".
Token contract got no abuse, no hack exploit. Mint function is false, which is very safe from market crash and rugpull.
5. @inexted87
How many killer features of Your project that makes it ahead of its competitors? Could you tell us 2-3 features ?
Carlos:
In DeFi
1. Yield farming
2. Staking
3. Borrow/Lending (YFF can be used as collateral)
As project
1. App wallet with its own Dapps, it can easily connect to use your YFF assets.
Many more to come.
AMA IS DONE THANKS FOR JOINING, and to those Choosen Winners please Dm your ADDRESS:
Website: https://yffranchise.com
Twitter: https://twitter.com/Yearn_Franchise?s=09
Medium: https://medium.com/@yffranchising
Telegram: https://t.me/YearnFranchising
Channel: https://t.me/YearnfranchisingAnn
