Y360.io autocompounding protocol
We are pleased to announce to the whole Community, our partnership with SolidProof for the $ Y360.io smart contract audit, the audit report is attached after the fundamental protection and evaluation on their official github directory, here is the link .
What is Smart Contract Audit?
A smart contract audit is a thorough methodical examination and analysis of the code of a smart contract that is used to interact with a cryptocurrency or blockchain. This process is conducted to discover bugs, problems, and security vulnerabilities in the code in order to suggest improvements and ways to fix them. In general, smart contract audits are needed, because most contracts involve financial assets and / or valuables.
SolidProof evaluates if there are possible security errors in the $ Y360 contract, and if there are errors in the contract report is attached, they described in a report what presents critical, medium and low risks, Solidproof external audit gives us a chance to improve the investment security of the entire community in the next presale of Yield360.
Final results and audit report
About SolidProof:
Solid Proof was founded as a community driven company and they want to thank our community for being so supportive! Solidproof is Security Audits, DeFi Trust Made in Germany.
- Self-composition protocol:The Y360.io autocompounding protocol pays users every 10 minutes a day, making a total of 144 payments in one day. This figure makes Y360.io the fastest autocompounding protocol on the network.
To support its price and reassign rewards, the Y360 employs a complex set of factors. Includes the $ Y360 Insurance Fund (YIF), which acts as an insurance fund to ensure Yield 360 protocol price stability and long-term viability by maintaining a constant 0.0205% rebase rate paid to all $ token holders Yield360 every 13 minutes.
Using a positive rebase formula, Y360 allows you to pay the token distribution directly in proportion to the era rebase rewards, worth 0.0205 percent of the total amount of $ Y360 tokens held in your wallet each 13-minute period. Rebase prizes are distributed to all holders of $ Y360 in each EPOCH (13 minute rebase period). There are a total of 39,433 EPOCHs in one year.
The daily compounding rate is not linear, but exponential. For example, if you invest $ 1 for 1 year, you will have $ Y360 194,467.
All of these elements have been coordinated by the Yield360.io development team so that they work flawlessly behind the scenes. As a result, $ Y360 holders now have a simple and elegant betting and rewards system.
Finally, Yield360 is very different from other protocols with similar characteristics or Olympus DAO, Safuu and Titan forks. To read an in-depth analysis of how Yield360 differs from other protocols, read here: Yield360.io
Performance 360 ​​Mission and Vision
Yield 360 made sure to have a team on board that shares similar values ​​as we do to produce the best output for the user base. The company aims to provide the best user experience. A fast, reliable and easy-to-use platform that offers first-rate financial opportunities to manage funds intelligently, while also making it an easy-to-use platform. $ Y360 aims to make this platform a decentralized automated staking protocol. This provides a seamless experience for gullible users. Our team members have put blood and sweat into this project to give it the existence it has now just for convenience. The team will continue to make progress on our platform based on feedback, requests and requirements. The Yield360 platform only started with BNB and with future advancements, $ Y360 aims to add more blockchain options to choose from to provide versatility in this platform. Additionally, the team encourages extensive experimentation on our platform to get the best out of our Y360. To learn more, visit our website to learn about the technical aspects of this project on our whitepaper.
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