The New Defi Era with Defibox & Yield+ – Bywire Blockchain News
Defibox has served on EOS since July 21, 2020, its relentless work as a widely decentralized platform has led it to make great technological breakthroughs, that were needed within the EOS and are fully committed to become the most popular DeFi app among its users, the security and speed of the platform have been unmatched, highlighting the development team behind Defibox.
Defibox has launched four protocols since: The Swap protocol, the USN stablecoin protocol and the decentralized lending protocol. Defibox DeFi protocols are open to the public, anyone can use its platform and services, at the moment Defibox is adding a fourth Protocol called Balance.
We present to you the most important and expected opportunities for our Defibox users with the arrival of Yield+, a unique opportunity for boosting Defi in EOS.
Yield+ lands on EOS.
With the EOS Network Foundation coming to EOS, a new phase op development has started, where new opportunities are presented both for projects as well as for our old and new users who live daily in the ecosystem, the ENF proposes a way to stimulate Defi dApps within EOS with a new platform for Defi Protocols called Yield+… But
¿What is Yield+?
Yield+ is an initiative in enhancing the development and opportunities of Defi dApps thus increasing said opportunities so that our users can obtain a great performance, this program proposes Liquidity Rewards for EOS, it also measures and rewards the increase in economic activity of EOS.
For our launching stage, an approximate of 625K EOS distributed per quarter is expected. Yield + has the support of 11 Defi protocols for liquidity rewards, including Defibox. Great development is currently expected for Defibox thanks to this initiative, here we´ll tell you all about the 3 Pillars that will have a huge impact on Defibox through the Yield+ program
3 Defibox Pillars.
The three Pillars represent a graphic vision of the advantageous future of Defibox thanks to the Yield+ system.
- Development of Defibox to boost the Protocols:
Previously we talked about the Four protocols available in Defibox, which have a specific use in EOS, each one proposes to solve the issues users may have at the moment of looking for a Defi, Defibox promotes the creation of complete protocols committed to the ecosystem, giving the opportunity to receive a good experience in EOS, from the USN Protocol up to the most recent Protocol called Balance, it shows the experience and development our team behind the platform works.
With Yield+, the affiliated protocols propose to increase the stability, liquidity, scalability and security of the platform, as well as to make a very good impression on potential investors.
- High yield of EOS and BOX.
The problems experienced in EOS in recent years are a lie to no one, but with Yield+ which measures the TLV in EOS or USD, this proposes injecting liquidity different Protocols, including Defibox, in order to later obtain advantageous results in Defibox: from how to obtain rewards up to good lending and liquidity opportunities, the project is preparing to reach more users thus boosting EOS and BOX.
- A bright future with BSS as a fifth Protocol. Defibox has always been known for its Protocols, and it’s currently preparing for the launch of BSS, a decentralized participation service protocol for public use that will help simplify operations: it provides a variety of de participation strategies to EOS users and project teams to achieve a much more adequate performance and its source will be completely open, this to give a good example of what a sharing system should look like for other project teams on EOS planning to do a sharing system.
Without a doubt Defibox is yearning to be a great Defi, taking into account that it is already being discovered in the world, the progress is promising and the arrival of new equipments is inevitable, being a Defi with so many protocols, its team is dedicated to provide a totally professional experience as well as security with your assets. At this moment Defibox is among the Defi TLV winners in August thanks to Yield+.
We invite you to join our channels and relish Defibox and EOS.
Join the Official Defibox community
Article Written by: Verónica Díaz.
Hello! I ́m Verónica and I manage several Spanish communities in EOS, among them are Defibox, EOS Bees and EOS in Spanish and much more.
