YFSwap

 

Introduction

Given the opportunity to review the YFETH smart contract source code, we in the report outline our systematic approach to evaluate potential security issues in the smart contract implementation, expose possible semantic inconsistencies between smart contract code and design document, and provide additional suggestions or recommendations for improvement. Our results show that the given branch of YFETH can be further improved due to the presence of several issues related to either security or performance. This document outlines our audit results.

What is YFSwap?

YFSwap is a financial platform based on Blockchain technology and using the concept of Decentralized Finance, the AMM-based Dex Platform was created with the aim of being an all-in-one platform with more Pools and cryptocurrency options. Initially on the YFSwap platform there will be 2 options, that is YFBTC and YFETH which will temporarily use Uniswap's LP pool and will use the independent LP pool when the liquidity of the pool meets the criteria. As we know Currently Uniswap shares the proceeds from swap fees with its own core investors where on the YFSwap platform all users can get a bigger amount than Uniswap & Sushiswap from the results obtained.  

 What is YFBTC

YFBTC will be based on the Bitcoin Protocol which will follow the halving scheme of the Bitcoin Network. This is intended to maintain the sustainability of long term planning once controlling the amount held. Unlike Bitcoin which will be mined in 2140, YFBTC will be completely mined in less time, which is 4 years. After that the platform will give complete control to the community to vote where the community can decide to increase or maintain its supply.

 What is YFETH

Just like YFBTC, YFETH will adopt a protocol from Ethereum with a lower supply than Ethereum and tokens that will be distributed equally to users, YFETH will follow the Constatinople Consensus. The YFSwap team made YFTETH fully decentralized by providing the community to take part in its development.

YFETH (75,000 Total Supply)

WE DO NOT ENCOURAGE PURCHASE OF YFETH. BUT BETTER THAN RUG PULLS OR FOOD DEFI. But if you still want to proceed, click on participate in Campaign.

 

CROWDFUNDING & CLAIM FREE YFETH INSTRUCTIONS

To qualify for the airdrop, your metamask wallet must EITHER have “300 UNI, 300 BITTO, 0.5 YFI, 300 BAL, 300 LINK, 300 BNB, 300 HT, 300 OKB, 300 BAND, 300 NXM”. YOU will be eligible for FREE 3 YFETH tokens.

Use your Metamask wallet to send ETH to the crowdfunding address, Do NOT SEND FROM EXCHANGE.

YFETH will be automatically sent to your source address according to the source address of your ETH via smart contract.

Multiple ETH can be transferred, automatically aggregated

The initial amount of YFETH is 75,000, and the number of YFETH Free airdrops is 39,125. Another 35,875 YFETH will be allocated for Crowdfunding to help maintain server and project sustainability and future development. But any YFETH left from crowdfunding will be burned and will NOT be kept by team or developers to ensure maximum decentralization of YFETH supply.

YFETH will end the airdrop and tokens must be claimed before 16th Oct 2020. YFETH will also be listed on Uniswap decentralized exchange. Potential additional exchanges to be listed are Hotbit and Bilaxy.

Audited Smart Contract

Surely you know the Unicat case where there is a Backdoor Code, the YFSwap source code has been audited and ensures security and transparency for its users. You can see the Report here; https://www.yfswap.finance/public/YFETH_smart_contract_audit_report.pdf

Conclusion

YFSwap is a pretty interesting Defi platform with a variety of benefits. APY was profitable and decentralized ecosystem gives users the true meaning of Decentralized Finance with cool benefits. Another thing is the multi pool which I described above, This provides an alternative for users to choose the best. I hope you will be a part of this interesting DeFi platform.

To get clearer information, please visit the link below:

● Website: https://www.yfswap.finance/index.html

● Medium: https://yfswapfi.medium.com/

● Telegram: https://t.me/yfswap

● Github: https://github.com/abanshinoburu

Author : 

Bitcointalk Username: zhaks

Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2898902

ETH : 0x89679BBae31FFDabc4f8668d422FFE46b201Ed28