Welcome - Intro 🏠
What is VyFinance? VyFinance is the Decentralized Protocol side of Vy. Down the line there plans to be things such as Vy Learn and Vy Charity. A Decentralized Finance protocol is a KYC-less system of OTC trading. KYC-Less implies that no identity confirmation is needed. Users simply connect their wallet and go about trading. VyFinance is developed by International Markets - to whom users can stake their tokens and participate in a profitable investment fund [soon to be Hedge Fund].
Also in conjunction with VyFi and IM, some of the minds from Propella.ai are helping us to make a Neural Net, which will have multiple functionalities on the platform.
What is the VYFI token?
VYFI is a Cardano Native Token (CNT), designed for decentralized finance (DeFi) applications. We are constructing a DeFi platform designed for new and experienced users alike, bringing a new approach to the user interface, and a distributive mechanism being managed by our Auto-Harvester. Backed by a proprietary trading firm, we are able to combine crypto with a real-world operation. We will also be focusing on education, and providing information on on-boarding new users to the world of DeFi.
What does "Vy" mean? It is just a name: Vy. It is also from the word "To compete" as in "Vying" What are some of the benefits of VyFinance over other DeFi?
  • VyFinance is the first Crypto to be backed by an investment fund.
  • Cardano makes for high speed, low cost transactions.
  • Neural Net additions to auto-harvesting
  • Live impermanent risk calculations via Neural Net AI
  • Australian-founded and in the process of full ASIC certification
DISCLAIMER: This GitBook documentation is for a product that is in progress. While we do hope to reach our goals and provide a system as close to what is defined in this documentation, there is no promise or guarantee of those goals being reached. This is a new token on a blockchain with getting new functionalities. Roadblock, legislations/regulations, and other unforeseen challenges may arise. This documentation is subject to change, and nothing stated in it is a promise of future functionality.
Last modified 6mo ago
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