YFIC is an independent fork of YFI technology. YFIC is a decentralized yield farming application of YFI. The platform aggregates multiple protocols. When users deposit, the platform automatically allocates user funds to the protocol with the highest revenue.
Then YFIC will give the user a proof of rights and interests called YFIC Token, and the user can withdraw the original deposited token and the corresponding income through YFIC Token.
Earning YFIC is simple, provide liquidity to one of the platforms in the future, stake the output tokens in the distribution contracts (we will provide an interface for this), and you will earn a (governance controlled) amount per day.
Otherwise, standard voting rules apply, minimum quorum required (>33%) to propose a change, usual veto rights (>25%), and usual agreement thresholds (>50%) required to pass a vote and update a change. All these are configurable, governance can feel free to change as required.
So if you are an LP to one of the systems (or all of the systems above), the control is in your hands. Good luck.
The total supply of YFIC is 80,000, and the number of YFIC crowdfundings is 35,000.
Allocation:
40,000 YFIC: Flowed through the platform mining.
35,000 YFIC: Crowdfundings
5,000 YFIC: Airdrop
YFIC TRC-20 address: TBre6m4CHgKaEk6xc13fovgnQm2Ls7vp18
Socials:
Web: https://yfi.claims
Twitter: https://twitter.com/yficlaims
