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- Contracts:
YSL.IO Price (USDY)
YSL.IO (USDY) Chart
YSL.IO (USDY) Return On Investment(ROI)
What Is YSL.IO(USDY)?
The YSL.IO ecosystem is built on the idea of a virtuous circle - everyone benefits when they're all working together to create a more resilient and healthier ecosystem.
USDY is a reward token that's breaking the mold! With stability and sustainability at its core, they have carefully crafted USDy as a long-term solution to incentivise participation in the ecosystem.
USDy Buyback and Burn (UBB)
Thanks to the unique protocol, They're able to generate Treasury-Owned Liquidity for USDy at every point of user interaction. As more users join the ecosystem, USDy's liquidity grows autonomously, like a snowball gaining momentum. But that's not all! It also features its USDy Buyback and Burn mechanism (UBB) that will counteract the negative impact of selling pressure.
Here's how it works: The UBB is activated every 4-epochs if the USDy-USDC pool price falls below $0.95. During this time, a portion of the tax from every trade of YSL, xYSL, bYSL, and USDy will be used to purchase and/or burn USDy. And that's not all - 15% of every HydraVault deposit will also be used to purchase and burn USDy. The result? Reduction in USDy supply and an increase in price, which is great news for you as a USDy holder!
YSL.IO (USDY) Community
- Twitter: https://twitter.com/ysl_io
- Reddit: https://reddit.com/r/ysl_io
- Medium: https://medium.com/ysl-io
- Telegram: https://t.me/ysl_io
What is YSL.IO (USDY) Contracts address?
- BNB Chain(BEP20): 0x45d486479Ed1dB8b164d1386B3c89c05CeE8CA86
YSL.IO FAQ
What is the price of YSL.IO (USDY) token?
CoinCarp does not currently have price data for YSL.IO as it has yet to be listed on any cryptocurrency exchanges (CEX or DEX). Once YSL.IO is live on an exchange, CoinCarp will provide real-time YSL.IO (USDY) token prices from different exchanges.
Is YSL.IO (USDY) token a good investment?
It depends on your personal risk tolerance and investment goals. YSL.IO is a cryptocurrency that is highly volatile and therefore may not be suitable for all investors. Before investing, please do your own research about cryptocurrencies, crypto wallets, cryptocurrency exchanges, and smart contracts, and it is crucial to understand the risks and potential rewards of investing in cryptocurrencies..
If you decide to get involved in YSL.IO investing, you will also need to understand the YSL.IO project's white paper, team background, tokenomics, and the overall market environment.
Where can I buy YSL.IO (USDY) token token?
CoinCarp's tracking data suggests that the YSL.IO is currently not available for purchase on a cryptocurrency exchange. While you may be able to purchase YSL.IO from other traders through Over-the-Counter (OTC) trading, the risks associated with this method are considerable. We strongly advise you to do your own research and understand the risks involved before engaging in any trading activities for YSL.IO.
How to short YSL.IO (USDY) token?
According to CoinCarp's tracking data, no crypto exchange yet supports YSL.IO contracts or ETF trading. so you can't short YSL.IO
What will YSL.IO (USDY) token be worth in 5 years?
It is impossible to predict what YSL.IO will be worth in five years. The cryptocurrency market is highly volatile and can be affected by a variety of factors, such as US dollar policy, government regulations, technological progress, market sentiment, YSL.IO's circulating supply and the development of project ecology. Therefore, it is impossible to accurately predict the price of YSL.IO 5 years from now.
USDY Price Statistics
YSL.IO Price
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$0 / $0
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$0 / $0
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$0 / $0
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$0 / $0
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$0
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