Deutsch한국어 日本語中文EspañolFrançaisՀայերենNederlandsРусскийItalianoPortuguêsTürkçe
Portfolio TrackerSwapBuy CryptoCryptocurrenciesPricingWalletNewsEarnBlogNFTWidgetsCoinStats MidasDeFi Portfolio Tracker24h ReportPress KitAPI Docs

YoCoin (YOCO) Full Review: A Safe, Secure, Eco-Friendly, DeFi Cryptocurrency with Automatic Rewards for Life

3y ago
bullish:

0

bearish:

0

image

The best thing about the crypto space is that it’s awash with numerous opportunities for earning passive income. From staking, to yield framing and decentralized lending, the earning opportunities in the cryptocurrency are not only limited to mining and trading. Several projects have made earning in the rapidly expanding crypto space even simple with the possibility of earning for a lifetime with just a little investment. 

One such project is YoCoin (YOCO) – A secure, safe and eco-friendly DeFi platform built on the Binance Smart Chain (BSC) to provide automatic rewards to coin holders for life with the lowest trading fees ever witnessed in the crypto space. YOCO protocol is designed for success, seeking to offer unrestrictive, long-term investment opportunities in the crypto market with lifetime rewards. Read on to learn more about this fast-rising crypto project taking the crypto space to new heights. 

YoCoin (YOCO) Explained

Built on Binance Smart Chain, YoCoin is a DeFi platform looking to offer crypto enthusiasts a long-term investment opportunity with lifetime automatic rewards coupled with the lowest trading fees. The protocol integrates static rewards with dynamic DeFi liquidity. 

Designed and built by forward-thinking blockchain developers, YoCoin looks to become the most secure long-term store of value. The rewards channelled to the coin holders are channelled from the low transaction fees charged on the platform. 1% of the total trading fees accumulated on the platform is automatically distributed to YOCO holders, leveraging smart contracts. 

YoCoin is 100% community-driven and is much concerned with the welfare of its community. The project well-understands that not everyone can analyze numerous crypto charts and place trades some of which turn up wrong. Besides, not everybody is comfortable locking their digital assets in crypto platforms with the hope of earning high returns after a certain period. This is the real reason YoCoin offers automatic and instantaneous lifetime rewards-no staking required. The amount of rewards is dependent on the number of transactions conducted on the platform. All you need to earn the rewards is to hold the platform’s native coin i.e. YoCoin ($YOCO)

YoCoin has a well-known development team coming from different fields including software development, networking, marketing, public relations, technical analysis and more. The project has an ambitious roadmap encompassing several well-thought-out goals including creating a marketplace with NFTs and dapps on top of it.   

The Team behind YoCoin 

Unlike most Altcoin projects, the YoCoin team has come out publicly to claim the project, boosting investors’ confidence in the project. The team is led by Eric B Dust – the founder and developer of YoCoin. Eric has vast experience in software development, crypto mining, and is passionate about blockchain technology which he believes will transform the global financial system for the better. 

Other members of the team include: Jesse Williams – Business Development, Josh Brandlen- Business Strategist & Community Outreach, Danel Allen- Social Media, Rob Hurst- Network Analysis, Bill Brock-Technical Consultant, Jonatch Dicks- Visual Media Production, Kenneth Rammer-NFT Specialist and Dena Brock- Public Relations & Merchandise and many others. The team is decentralized around the world and are mainly concerned with developing the project to achieve its goals. 

YoCoin Key Features 

Automatic Rewards Redistribution 

YoCoin offers automatic rewards to YoCoin holders. For every transaction on the platform, 1% is automatically redistributed to YOCO holders, 1% is burned from the circulation to increase the value to the circulating coin and another 1% is used for continuous project development, marketing and to provide dynamic liquidity to ensure platform’s growth. All this occurs automatically, leveraging smart contracts. So, whether you’re considering long-term or short-term investing, you can always earn passive income on the Yocoin platform. 

Fast Transactions with Low Trading Fees 

YoCoin facilitates almost instant transactions thanks to the efficiency and scalability of the Binance Smart Chain (BSC). As such, it’s an excellent store of value with the possibility of sending it in large or small amounts to anyone in the globe in seconds. What’s more, YoCoin charges one of the lowest trading fees in the crypto market making it one of the best platforms you can invest in. 

Security 

YoCoin is highly secure ensuring that investors have a piece of mind. The platform doesn’t have access to your private keys or personal information meaning that your coins are always secure. No one, even the platform’s support, has access to your private wallet keys, guaranteeing  maximum security. 

Deflationary Mechanism 

YoCoin employs a deflationary approach to keep the value of its native coins i.e. YoCoin, always high. The platform automatically burns 1% of the trading fees to reduce the supply of YoCoin, making each coin more valuable. Burning the coins greatly benefits long-term investors in terms of more rewards. 

Transparency 

YOCO ensures maximum transparency by publishing the total supply of YoCoin, the number of coin holders as well as the number of transactions at all times on the BSC scan website. YoCoin boosts investors’ confidence by being transparent in their operations and coin supply.  

Dynamic DeFi Liquidity Pools (LP) 

The beauty of YoCoin lies in its dynamic DeFi Liquidity Pools (LPs). There are about twenty (20) LPs on the YOCO platform with each being flexible and evenly balanced. The platform’s LPs are vital for ensuring the stability of YoCoins by providing a robust price level. This comes in to shield holders from extreme price dips caused by some holders deciding to sell their tokens leading to major price fluctuations. 

YoCoin LPs averts the problem of intense price fluctuations witnessed in other DeFi projects. The pools charge a 1% dynamic penalty as an arbitrage-resistant mechanism to secure the rewards for the coin holders. However, not all transactions are charged for the LP, making it cost-effective for traders to transact YoCoin trades. 

In essence, YOCO’s LPs function to prevent intense price fluctuations and provide stability to the YoCoin, ensuring holders are rewarded even during price dips. 

Yocoin Tokenomics 

Name: YoCoin 

Ticker: $YOCO

Current Price: $0.041148

Total Supply: 100,000,000 at launch

Distribution:  

1% Automatically burns 

1% Redistribution to holders 

1% Development fee to grow the project  

Closing Words 

Contrary to the common perception, earning income in the crypto space is not limited to mining, staking and trading. There are other, less stressful and non-capital intensive ways of earning cryptocurrency, enabling you to achieve financial freedom. YoCoin offers you an opportunity to earn passive income in the easiest way you can ever imagine. Simply buy and hold YoCoin and you’ll start earning rewards automatically. The amount of rewards are based on the platform’s trading activity. The more the platform is utilized, the higher the amount of rewards holders will receive. Buy YoCoin today on HotBit, TrustWallet or PancakeSwap and start earning rewards for life! Check out the YoCoin (YOCO) website now!

The post YoCoin (YOCO) Full Review: A Safe, Secure, Eco-Friendly, DeFi Cryptocurrency with Automatic Rewards for Life appeared first on .

3y ago
bullish:

0

bearish:

0

Manage all your crypto, NFT and DeFi from one place

Securely connect the portfolio you’re using to start.