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As our full-suite DeFi ecosystem grows, we are happy to announce the addition of more talented professionals to the YFDAI Finance team

Dear YFDAI community,

The last few months have been hugely successful for YFDAI Finance, with the introduction of many new features and products to the ecosystem. As the platform grows, so too does the need for a larger workforce if we are to continue to provide the very best DeFi services available, and we are pleased to announce that we will be welcoming various new people to the YFDAI Finance team and advisory board.

2020 also saw the YFDAI Finance team grow and Daniel Stone joined us as Chief Operating Officer in December of last year, bringing with him more than 30 years of experience in the traditional financial services industry. Daniel previously held high executive positions with banks in Chicago, New York, London, Paris, and Singapore, including Barclays London and Standard Chartered Singapore; previous consulting clients include JP Morgan, Citibank, Credit Suisse, Morgan Stanley, Barclays and Deutsche Bank. …


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January 15th, 2021! This is a reminder for anyone who started farming their YFDAI LP tokens in any of the 4 farming pools (72 hr, 30, 60, 90 day pools) prior to November 15, 2020, can add to their LP tokens once a month until March 15th 2021, when the fifth and final snapshot will be taken for the 120-day last man standing event to earn the NFT for lifetime rewards of the 0.5% farming withdrawal fee.

Our medium article on the farming NFT Last Man Standing Event can be found here:

https://yfdaifinance.medium.com/yfdai-farmers-new-profit-share-fbb723f8e952

Here is an excerpt:


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The 4th monthly unlock from the time-release smart contracts has been completed, please find below confirmation of upcoming transfers.

Team Tokens — Maximum Monthly Allocation 105 Tokens

As you are aware YFDAI did not carry out a presale and funding of the project has been paid directly from the team. The team tokens are in place to pay for core team members salaries.

This month 80.95% of the team tokens available will be used to cover the salaries of the team. …


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DeFi is changing the world of finance, but you must remain vigilant when online

Dear YFDAI Community,

It is our mission to help clean up the DeFi space by excluding illegitimate projects from having access to our proprietary LaunchPad and SafeSwap products. We do that by vetting the projects that seek to use our LaunchPad or SafeSwap exchange to carry out their token generation events (TGE) and listings.

Whilst we do everything we can to block scam projects from listing with us, as members of our Telegram community you may encounter scammers impersonating admins and phishing attempts looking for your information to steal your funds. …


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Dear Community:

Today, Monday January 4, 2021, YFDAI has officially launched Community Governance. This is a crucial first step towards full decentralisation of the decision-making apparatus. The Community Governance structure is a process that involves engagement of the community, firstly to determine the rules of engagement regarding governance, and secondly, how we will structure the governance and the DAO itself.

We have just released our first bare-bones version of the community voting interface, allowing yes-no votes on proposed issues. …


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YFDAI’s SafeSwap DEX, The Next Evolutionary Step Forward in DeFi Has Launched

YFDAI is proud to announce the launch of our Decentralised Exchange, SafeSwap. As per our original vision, SafeSwap is meant primarily to be the landing place for YFDAI LaunchPad projects. The original vision and concept was to eliminate illegitimate projects by vetting all new projects that go onto LaunchPad and SafeSwap. …


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Dear Community

The 3rd monthly unlock from the time-release smart contracts has been completed, please find below confirmation of upcoming transfers.

Team Tokens — Maximum Monthly Allocation 105 Tokens

As you are aware YFDAI did not carry out a presale and funding of the project has been paid directly from the team. The team tokens are in place to pay for core team members salaries.

This month 100% of the team tokens available will be used to cover the salaries of the team. …


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YF-DAI Hires Chief Operating Officer

The astonishing rise of DeFi has ignited a new and strengthened interest in decentralized services. While decentralized protocols and cryptocurrencies like Bitcoin have set the stage for a decentralized foundation, innovations like DeFi seek to expand on them. Decentralized Finance has grown exponentially to the tune of over $13 billion dollars, further proving its legitimacy. Part of what makes DeFi especially interesting is the fact that it can provide financial services and tools to virtually anyone with little more than an internet connection. …


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YFDAI SafeSwap is open for Applications!

Within mere months, DeFi has already become one of the crypto space’s most innovative fields. The emergence of DeFi has opened the gates to a new world of banking and financial services with decentralization at the helm of its foundation. The best part of DeFi is that it’s open to serve virtually anyone with little more than just an internet connection. While the future of DeFi is incredibly promising, new innovations don’t go without their growing pains. …


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For too long, the Cryptocurrency space has been regarded as a virtual minefield as illegitimate projects, fraudulent actors, and poorly managed protocols riddled the scene leaving investors exposed, exploited, and at risk. Stories of scams, hacks, and other protocol exploits have left investors afraid, tired, and untrusting. The emergence of SafeSwap however will transform this narrative and set a new standard in the way users buy and sell cryptocurrency.

Today we are excited to announce the successful launch of the SafeSwap Kovan testnet!

About

YFDAI Finance

YFDAI is a community centric, innovative DeFi project developed by the people, for the people.

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