Dear Community
We are pleased to announce that YF-DAI will be listed on ExMarkets on Sunday 25/10/2020 at 12:00 UTC.
ExMarkets is a centralized cryptocurrency exchange located in British Virgin Islands that currently does not require KYC and has zero fees for deposits and withdrawals.
Deposits and Withdrawals are open now and the initial trading pair will be ETH/YF-DAI.
As you are aware YFDAI did not hold a pre-sale and instead hold a reserve of tokens for development.
The recently released Whitepaper detailed a host of new services along with a full e-money License. The funding for these services and the emoney License will be raised by selling YF-DAI to the open market from the Development fund wallet. But fear not, this will be carried out transparently and slowly in a controlled manner.
To ensure the sale of tokens is completed in a controlled manner and in a way to not suppress the price, we shall be using the services of a professional market maker. This will ensure the funds required for development are gained with the sale of YF-DAI being controlled to ensure price levels and orderbook liquidity are respected.
A total of 200 tokens will be transferred to provide initial liquidity from the following address:
https://etherscan.io/address/0xFdb317591EC1b11d7FECe49Bfe424525F33FA7fC
YFDAI Team
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