YFUNI Governance Token of yfuni.finance

YFUNI Finance
2 min readMar 11, 2021

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YFUNI Token (Next YFI on BSC) will be distributed in the sprit of YFI: No pre-mine, No Founder Shares & No VC interests — simply equal-opportunity staking distribution to attract a broad and vision-aligned community to steward the future of the protocol and token.

YFUNI Token is designed to be the governance token for yfuni.finance.

As a YFUNI holder, you can vote for proposals.

The Original Plan

YFUNI-LP 4000/Month

UNICORN-LP 1000/Month

YFUNI-LP 3500/Month (2nd Distribution) (after 6 Months)

UNICORN-LP 750/Month (2nd Distribution) (after 6 Months)

We have adjust the plan to better support BSC Community and to attract more people from Binance Smart Chain.

The Adjusted Plan

YFUNI-LP 4000/Month

UNICORN-LP 1000/Month

YFUNI-LP 3500/Month (2nd Distribution) (after 6 Months)

UNICORN-LP 750/Month (2nd Distribution) (after 6 Months)

CAKE-LP 1000/Month

BAKE-LP 1000/Month

The Vote

What’s next for YFUNI Token will be in the hands of the YFUNI community.

YFUNI Finance is now the hub of the Binance Smart Chain Defi community, and many projects wants to list their token here. If they want to do so, they need to following the steps to create a community vote:

  1. Buy 10% of the designated number of the YFUNI Token in the open market and apply for a community vote. Say, project ABC wants to list on yfuni.finance with a 500 YFUNI token to mine, he needs to buy 50 token to create a vote. This fee is non-refundable, which means, if the vote fails, project ABC will NOT get the 50 YFUNI back. 50 YFUNI will be burn and send to dividend pools.
  2. If the community approves, the project owner has to buy the rest 90% of its pool amount, in the previous case, ABC project need to buy another 450 token.
  3. On approving, the project owner can pay another 10% of the pool fee to the the community, which create a vote to increase the token supply, but with a maximum amount of the project’s buying amount. In the same case, the community can vote to increase the token supply by a maximum of 500 YFUNI to support project ABC. The fee is non-refundable as well.

In this way, YFUNI would be in a positive cycle that serves to help useful projects on Tron, at the same time, protecting the rights of our YFUNI token holders.

YFUNI is here just for you!

Thanks
Team

YFUNI Resource

Website: https://yfuni.finance
Twitter: https://Twitter.com/yfunifinance
Telegram: https://t.me/yfunifinance
Telegram Announcement: https://t.me/yfuni
Medium: https://yfuni-finance.medium.com/
Github: https://github.com/yfunifinance

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YFUNI Finance
YFUNI Finance

Written by YFUNI Finance

$YFUNI is a Yearn Inspired. Next-gen suite of products for revolutionizes Decentralized Finance (DeFi) Infrastructure.

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