dApp | LYOFi

lyofi dapp

Manage your cryptocurrencies and tokens with the LYOFi decentralized application. The following services are currently available with many more in development.

DEX - Decentralized Exchanges

Decentralized exchanges (DEX) are a type of cryptocurrency exchange which allows for direct peer-to-peer cryptocurrency transactions to take place online securely and without the need for an intermediary.

Decentralized exchanges can prevent price manipulation or faked trading volume through wash trading, and are more anonymous than exchanges which implement know your customer requirements.

Anonymity

Direct connection with 300 dApps

High liquidity

No market manipulation

Cloud Minting

People usually need to buy expensive hardware and closely manage them to run their minting machines, which then generate coins as a reward for the work done.

LYOFi allows clients to rent hardware for a predefined period according to the contract.

Rent

An hardware, either a part of it, or several.

Mint

Without the hassle of managing hardware and its possible issues.

Receive

Rewards on LYOCREDIT minting.

HOW LYOFi MINTING WORKS

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In Development

Staking

Allow the blockchain to work by locking up coins in the stake wallet.
Receive rewards for holding cryptocurrencies and tokens that allow the transaction verification with Proof-of-Stake (POS).

Social Minting

An application for minting and receiving small amounts of LYOCREDIT tokens daily. No initial purchase is required from the user.
To be able to earn LYOCREDIT tokens, users will have to perform actions, such as watching training videos.
Verification methods (e.g., user prompts) will be inserted in the videos to confirm user interaction.

Yield Farming

Service for liquidity providers to stake crypto assets in a smart contract-based liquidity pool.
Reserve a space in a liquidity pool and receive incentives.