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This article was written for the BSC Times, a one stop shop for everything you need to stay updated in the BSC space.
Innovative and unique in the market. Those are the terms I would use to describe this diamond in the rough.
I first discovered YSL.IO just over a month ago and did a piece on them here. Since then, I’ve continued to keep up with the project and I must say… I’ve become a believer. After DYOR like any respectable investor, poring through their Gitbook, analyzing project updates etc, I’m convinced that YSL.IO will go on and do for yield optimisers what Uniswap did for DeFi — redefining what the market considers the norm.
As is the case with projects that were ahead of their time, the concepts proposed by YSL.IO can be a little tricky to grasp. Fortunately for you, I’ve condensed below the key reasons why I think this is one project you don’t want to be sleeping on.
Let’s get cracking.
Stress Tested Tokenomics
In a race to secure a share of the DeFi pie, many projects tend to launch without a clear, well defined plan on how they intend to maintain and increase the value of their native token. Even the biggest AMM in the BSC space, Pancakeswap, is guilty of this with their lottery and prediction games only being…
