One of the most popular projects in the world of DeFi decides to follow in the footsteps of Uniswap or SushiSwap and introduce its own decentralized exchange. The fundamental difference, however, will be the introduction of flexible vaults. They will select the most profitable token to farm at the moment and will not cause a liquidity shift.
YFValue had its premiere on August 21, 2020, starting with the introduction of several pools enabling the so-called "Yield Farming". This is nothing but the distribution of your token (YFV) by collecting other assets from users. Through the participation that each participant has in a specific pool, the smart contract automatically distributes the appropriate amount of the newly created token.
In the third week of September, as announced, the developers introduced Vaults, which are improved versions of pools, because they allow you to choose the most advantageous investment strategies and at the same time do not require the transfer of user funds. Therefore, each participant does not have to pay transaction fees, which is very useful in the case of Ethereum 1.0.
The team announced the creation of the so-called swap, i.e. places where we can exchange one ERC-20 tokens for another. Therefore, users will be needed who will provide liquidity to the stock exchange by depositing their own free funds. The innovation that YFValue intends to introduce will be the so-called liquidity vaults - something that has never been implemented yet.
According to the description, users will be able to put their LP tokens from the YFValue swap pools into them, and the vaults will decide whether to exchange these tokens and where to direct them.
The project is constantly implementing new ideas and $ 250 million allocated funds. A source code audit is available which makes it credible
