YFS is a DeFi protocol and ecosystem that embodies the vision of decentralized finance by providing DeFi services to anyone with an internet connection. YFS is unique in offering a fully secure and transparent DeFi experience, complete with audited smart contracts and a robust token locking system.
YFS offers a range of decentralized financial services such as farming, lending, borrowing, and storage. However, the utility of YFS extends beyond being just a protocol. The ecosystem applications are designed to welcome the next generation of DeFi projects and visions.
YFS is the ERC20 governance token used for every service provided by YFS. The token is deflationary, with a burning mechanism that evolves over time. Each smart contract controlling the service automatically collects tokens to burn with every transaction and stores them in a dedicated wallet.