Adayield, a platform for non-custodial funds management allows users to set up their own decentralized CDP. Users can loan and borrow money in order to unlock capital.

Adayield works in the same way as a bank. Based on your $AYID, you can borrow stablecoins, USDC, USDT or TUSD (based on assets), and deposit them as collateral. The collateral is not subject to liquidation or full payment. This protocol does not provide interest for user collateral.

Adayield’s lenders will be able to receive higher interest payouts than other DeFi platforms.

A Dayield Protocol Aim

Adayield has provided a different mechanism compared with other Defi platforms to assure the borrowers and ensure the users’ assets based on the platform. Adayield has seperated the supply from the collateral pools in this system.

Adayield Protocol Features

Adayield’s team offers practical features that are more intuitive and easier to use, in order for lenders and borrowers to be satisfied. Furthermore, Adayield has some competitive variables that we can assure you haven’t seen in other DeFi platforms before.

• Protocol Governance: You can use the $AYID token to manage various parts of Adayield’s platform. This includes the exchange parameters and futures protocols. Also, protocol upgrades through a DAO structure. Voting on submitted proposals allows Governance to decide whether or not to use the tokens for liquidity mining, burn, and other purposes.
• Burning: To increase value for $AYID, Adayield income from the Adayield will go through a “buy-back and-burn” event.
• Liquidity Mining: Governance can plan to distribute a specified number of $AYID tokens daily weighted by each network participant’s liquidity. In fact, Liquidity mining in the world of DeFi refers to the process of depositing or lending designated token assets with a mining mechanism to provide liquidity for the product’s fund pool and thus obtain an income.
• Permission-less: You can lend on any pair. We will make sure that you get the most attractive offers and use only safe oracles.
• Staking: This is a great way to protect your funds and get rewards.
• Ecosystem Foundation Layer – Attract and create incentives to support an ecosystem of financial products.

Adayield

Adayield lets users borrow tokens or receive interest on their assets. Cardano network and open-source, non-custodial, Defi protocol are the core components of Adayield.

Find out More at

Website: https://www.adayield.netTwitter: https://twitter.com/adayieldDiscord: https://discord.gg/wkxxeRYEMedium: https://medium.com/@Adayield

Media Details:

Company Name: ADAyield FinanceContact Name: Nader PoordeljooEmail: support@adayield.netLocation: UAE, Dubai

Disclaimer: This press release contains information that does not represent investment advice. CoinQuora is not a sponsor of any information about any individual or company on this site. The press release does not contain any information. Readers should do their research. CoinQuora will not take responsibility for any loss or damage caused by any product or content mentioned in the press release.

Continue reading on CoinQuora