Staking Mechanism Upgrade on YeFi.one Dapp

Network YEFI
2 min readAug 8, 2021

To promote the exponential growth of the YeFi.one ecosystem and to optimize the project’s operation, it is necessary to constantly adapt the platform according to the market trends and the needs of the community.

The following changes to the YeFi.one mechanism have been recently proposed by the community. Approved and tested by the developers, the proposed changes will become part of the new business model, encouraging more users to join the ecosystem and lay a solid foundation for YeFi.one 2.0.

Core changes:

1. The referral system based on invitation codes will no longer be a part of the mechanism.

2. Users will be able to increase their computing power by upgrading to VIP levels 1, 2, and 3.

VIP 1 — computing power is increased by 1%;

upgrade charge — 5 USDT worth of YEFI; valid for 12 months

VIP 2 — computing power is increased by 10%;

upgrade charge — 50 USDT worth of YEFI; valid for 12 months

VIP 3 — computing power is increased by 30%; valid for 12 months

upgrade charge — 150 USDT worth of YEFI; valid for 12 months

3. Daily YEFI volume threshold:

Once implemented, the new incentive mechanism will positively influence the global ecosystem of the project, further strengthening and consolidating its performance.

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