youves
ValidatedFinance
Lending
YOU$0.69746+2.73% ↑
Your tool for asset creation and management.
- 530 Followers530 Followers
- 102 Likes102 Likes
About youves
Borrow at low rates and continue to earn baking rewards. Choose your loan denomination and create new synthetic assets. Earn with yield generating assets on-chain. Provide liquidity for borrowers, traders or for youves’ risk management and get staking rewards. Experience near zero swap slippage for highly correlated assets pairs and provide liquidity with a lower impermanent loss risk.
youves is a decentralized finance (DeFi) platform built on the Tezos blockchain, designed to enable users to create and manage synthetic assets. These synthetic assets, such as uUSD, uBTC, and uXTZ, are algorithmically stabilized and backed by collateral, allowing users to engage in DeFi activities without the need to hold the actual underlying assets. youves is committed to providing a non-custodial, transparent, and decentralized environment where users have full control over their assets and can participate in the governance of the platform through the YOU token.
The mission of youves is to democratize access to advanced financial tools that were traditionally available only to institutional investors. By leveraging the power of the Tezos blockchain, youves offers a platform that is secure, scalable, and cost-effective, making it accessible to a global audience. The platform’s focus on synthetic assets opens up new opportunities for users to hedge against volatility, diversify their portfolios, and generate passive income through staking and liquidity provision.
youves Magic Store Validation Score
See Results ››Validation Score
5Validation Date: -
La Trung ChinhYes
StislavYes
TheFan666Yes
umair69Yes
vasmol44Yes
oqabtalaeeYes
youves Review Score by Real Users
- 31
- 11
- 3
- 1
- 0
Earn with yield generating assets on-chain. Provide liquidity for borrowers, traders or for youves’ risk management and get staking rewards. Experience near zero swap slippage for highly correlated assets pairs and provide liquidity with a lower impermanent loss risk.Read More ››
0 people found this review funny
It can be said that I am disappointed with the project! A bad interface does not attract users! Swap support is a bit low in tokens, slow speed, and high fees! I think the project should review the issue of improving Read More ››
0 people found this review funny
It can be said that I am disappointed with the project! Bad interface does not attract users! Swap support is a bit low in tokens, slow speed, high fees! I think the project should review the issue of improving it to be able to compete in the marketRead More ››
0 people found this review funny
youves seems a good project to borrow and lend your assets, it gives you real time data, everything is transparent on their website like the locked value and collateral percentage value. But keep in mind before borrowing that in the event collateral value decreases, borrowers might need to add more collateral or repay uUSD to prevent liquidation, which incurs a fee.Read More ››
0 people found this review funny
I tried out the youves and I'm impressed! 1/ So simple to use 2/ User-friendly interface, easy to lending - borrowing 3/ Fair price for lend -borrow fee! 4/Overall, youves dapps will help you alot when lending!Read More ››
0 people found this review funny
youves seems a good project to borrow and lend your assets, it gives you real time data, everything is transparent on their website like the locked value and collateral percentage value. But keep in mind before borrowing that in the event collateral value decreases, borrowers might need to add more collateral or repay uUSD to prevent liquidation, which incurs a fee.Read More ››
0 people found this review funny
The platform's user-friendly interface and intuitive functionalities cater to users with varying levels of expertise. It doesn't matter if you're aiming to generate NFTs, handle digital assets, or delve into decentralized finance (DeFi) - youves offers a smooth and effective solution. With a strong emphasis on security, the platform ensures the protection of users' assets, providing a sense of security. For anyone aiming to harness the power of blockchain technology to effectively create, manage, and expand their digital assets, youves stands as an invaluable tool.Read More ››
0 people found this review funny
this is looking really good and strong community and projects. coming very strong. everything working so fast and lets join themRead More ››
0 people found this review funny
YOU Token Price Chart (Real Time)
Token Statistics
- Market Cap$2,734,809.00
- Volume$45.78
- Circulating Supply3,921,123.95
- Max Supply4,680,000
- FDMC$2,734,809
About Youves YOU Governance Token
The YOU token serves as the governance token for the youves platform, playing a central role in its decentralized governance structure. Holders of YOU tokens have the ability to vote on key decisions, proposals, and upgrades to the platform, ensuring that the ecosystem evolves in a way that reflects the interests of its community. YOU tokens are distributed to users who contribute to the platform by minting synthetic assets, providing liquidity, or participating in governance. These tokens can also be staked, where stakers are rewarded with additional YOU tokens, creating a passive income stream while contributing to the platform’s security.
Synthetic assets on youves include uUSD, uBTC, and uXTZ. These are algorithmic stablecoins that are pegged to the value of USD, Bitcoin, and Tezos, respectively. They provide a decentralized alternative to traditional financial instruments, allowing users to hold and transact with assets that mirror the value of real-world assets without needing to directly own them. These synthetic assets are backed by collateral, ensuring their stability and reliability. The minting process for these assets involves locking up collateral in the form of XTZ or other supported tokens, which provides the necessary backing for the synthetic assets.
The platform is designed to be highly flexible, with plans to introduce additional synthetic assets over time. This expansion will allow users to engage with a broader range of financial instruments, all within the Tezos ecosystem. Users can trade these assets, use them as collateral, or participate in yield farming opportunities. By providing a decentralized and transparent platform for the creation and management of synthetic assets, youves empowers users to take control of their financial future in a secure and scalable environment.
youves Magic Store Trust Score
- Audit Score
- 2No. Of. Audits
- HighScore
- Security Validators Score
- 25.07.2023Validation Date
youves User Trust Reviews
The smart contracts have been independently audited by Least Authority and no critical issues were found. https://medium.com/@youves/results-of-the-least-authority-review-of-the-youves-smart-contracts-b82e35ddb2c1Read More ››
0 people found this review funny
The platform's intuitive features and user-friendly interface make it accessible to users of all skill levels. Whether you're looking to create NFTs, manage digital assets, or explore the world of decentralized finance (DeFi), youves provides a seamless and efficient solution. The platform's robust security measures ensure the safety of users' assets, giving them peace of mind. youves is a valuable tool for anyone seeking to leverage the potential of blockchain technology to create, manage, and grow their digital assets effectively.Read More ››
0 people found this review funny
The platform is designed to support various templates for synthetic assets, benchmarks, and collateral, ensuring flexibility and versatility. Pros of the platform: 1. Availability of open source code. 2. Have a Bug Bounty program that allows other people to find vulnerabilities in the platform and get paid for it. This allows the platform to always be aware of problems and protect the platform.Read More ››
0 people found this review funny
youves FAQ
Holding the YOU token allows you to participate in the decentralized governance of the youves platform. You can vote on proposals, influence platform developments, and stake tokens to earn passive income. Additionally, as the platform grows, the value of the YOU token may appreciate, offering potential long-term financial benefits.
Synthetic assets on youves are digital representations of real-world assets, such as uUSD (pegged to USD) and uBTC (pegged to Bitcoin). These assets are backed by collateral and maintained through algorithms that stabilize their value. Users can mint, trade, and use them in DeFi activities without holding the actual underlying assets.
youves maintains the stability of its synthetic assets through over-collateralization and automated market operations. This ensures that the value of assets like uUSD and uBTC remains pegged to their respective real-world counterparts, providing users with reliable financial instruments for various DeFi activities.
Yes, providing liquidity on youves allows you to earn rewards in the form of YOU tokens. By participating in liquidity pools, you contribute to the platform’s ecosystem and are compensated with additional tokens, which can be staked or traded for other assets.
Yes, synthetic assets minted on youves can be traded on other DeFi platforms that support assets on the Tezos blockchain. This interoperability allows users to access a wider range of DeFi opportunities, enhancing the liquidity and utility of these assets.