yLandFinance Decentralized Finance
Difficulties of DeFi
Despite the inherent benefits of Decentralized finance, there are yet some huddles in its adoption by the masses for whom it is developed for. Some of these spans from the complexities of using different yield farm pools that exist down to the high cost of gas fees when transaction from one pool to the other
YearnLandFinance will be solving this through the integration of an aggregator which will bring the different DeFi pools to one place and anyone can access different yield farming pools all on YearnLand farming dashboard. This will go a long way to ensure that you do no need to move your funds from one place to another as you can yield farm different projects all at once from a single interface
How YearnlandFinance stands out
Numerous DeFi projects exists, Compound was the first project to showcase the world how easily it is to have access to finance without passing through any form of assessment like what we have in the traditional banks where a borrower brings as much evidence of himself as he can and also a collateral to borrow funds. With decentralized finance (DeFi) such is abhorred anyone can borrow any amount they want without any assessment. Secondly DeFi is boderless someone in USA can borrw funds as well as someone in Croatia there's no knowing where anyone is from, it is anon.
This is the advantage of DeFi. With Compound making this door open, numerous other DeFi has sprung up and addressing different areas. We have YFI, AAVE, DYDX, REN, PLT. Many projects have also integrated DeFi into their protocol to enable anyone stake and earn. All these projects act as a standalone but there is a new touch to them
YearnLandFinance is a full stack DeFi powerhouse which has looked at what the decentralized finance sector can accomplish if the right tools exist. With this in mind, the team has built different tools like yVault, yFarm, yZap, yCover, yLand engine, and yLandGovernance in a quest to aggregate other DeFi projects on the YearnLandFinance platform
With the different products, anyone anywhere can easily have access to any DeFi project or tool which they need to achieve their DeFi goals of lending and borrowing. This is needed to scale the decentralized space and I am glad a project like this exists.
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