Y360 token breakdown

The Y360 buy and sell fees make up a significant portion of the YAP. They provide capital for the protocol's critical functions. Other protocols, such as ours, sell bonds to support the same functions as Yield 360 fees; however, we believe that approach is riskier because if bonds are not sold, the token may lose support and spiral downward in price, as we have seen with several of these bond-based protocols. Furthermore, selling bonds costs token holders money. It reduces the amount of APY available and eradicates the ability to offer a stable APY. Because of the fees (9 percent for buys and 11% for sells), Y360 is able to provide $Y360 holders with the stable APY of 360,000% annually

Buy 9% LP 3 YIF 1.5 Treasury 3 Firepit 1.5

Sell 11% LP 3 YIF 1.5 Treasury 5 Firepit 1.5

Placement:

  • LP - Trading fees goes to backing the liquidity of the BNB/Y360 pair on PancakeSwap ensuring an ever-increasing collateral value of $Y360.

  • YIF - Trading fees are stored in the Yield360 Insurance Fund which helps sustain and back the staking rewards provided by the positive rebase.

  • Treasury - Trading fees go directly to the treasury which supports the YIF and provides a marketing budget for Y360 and funds new product development.

  • Burning Pit - 3% of all $Y360 traded are burnt in the Burning Pit. The more that is traded, the more get put into the fire causing the burning pit to grow in size, more and more through self fulfilling auto-compounding which in return acts to reduce the circulating supply of $Y360 and keeping the Yield 360 protocol stable.

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