Fully Diluted Valuation | $4.96M |
---|---|
24H Trading Volume | $2 |
24H Low / High | $0.00 / $ 0.00 |
Circulating Supply | 4.07M |
Total Supply | 4.07M |
Max Supply | 4.68M |
Categories | DEAD 2 more |
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Founder | Anonymous |
Website | youves.com |
Socials | 1 more |
Chains | Tezos Ecosystem |
Explorer | Tzstats |
Contracts |
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Name | Pair | OG Score |
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Youves is a decentralized platform that allows users to create and manage synthetic assets without needing a central authority. It is designed to be user-friendly and self-governed, letting creators use various cryptocurrencies as collateral to secure the value of these synthetic assets. In return for their contributions, creators pay interest on borrowed value and earn YOU tokens, the platform's governance token.
How Does Youves Work?
At its core, Youves helps users enhance their cryptocurrency exposure and diversify their investment portfolios. Creators secure the value of synthetic assets with crypto collateral, and in exchange, they receive YOU tokens based on the synthetic assets they create. These tokens grant holders voting rights on platform decisions, ensuring that the community has a say in its governance.
Additionally, synthetic asset holders can benefit from new on-chain assets that generate yield, providing innovative investment opportunities.
Security Measures of Youves
Youves takes security seriously and uses multiple methods to protect user data and transactions:
The platform is built on the Tezos blockchain, known for its low transaction fees and energy-efficient operations, enhancing its security and sustainability.
Uses of Youves
Youves is designed for both creators and YOU token holders. Creators can secure synthetic assets and earn YOU tokens, while token holders have governance rights and can stake their tokens to receive a share of the platform’s profits. This approach encourages community involvement and aligns the platform’s interests with those of its users.
Future of Youves
Youves aims to create a transparent and cost-effective financial ecosystem. Although there may not be specific key events highlighted, the platform continuously evolves within the broader cryptocurrency landscape. By focusing on synthetic assets and community governance, Youves is positioning itself as a significant player in decentralized finance (DeFi).
Conclusion
Youves represents a new way to engage with synthetic assets and decentralized finance. With its user-focused governance model, robust security features, and commitment to sustainability, Youves is set to redefine how users interact with financial services in the digital age.
Youves stands out as a decentralized, non-custodial platform for creating and managing synthetic assets, enabling users to secure value with various cryptocurrencies while earning governance tokens (YOU) that grant voting rights and profit-sharing opportunities.
The founding team of Youves includes experienced professionals from the cryptocurrency and finance sectors, though specific names have not been publicly disclosed.
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