2020-10-06 YFII Tuesday

Host: Star
Guests: Cao Yin, (爱的印记), Ron, Tony (谷涛), Gao Jin, Huang Gang, Xiaoqing
主持人:星主
嘉宾:曹寅、爱的印记、Ron、Tony(谷涛)、高金、黄刚、小清

  1. Itoken’s vision and progress

The YFII vault pool is similar to a on-chain bank. itoken is a deposit certificate, representing token and financial (mining) income, so the value of itoken will continue to increase.

On the one hand, it is actively seeking cooperation with mainstream international defi platforms, AAVE, Compound, etc. On the other hand, itoken is dedicated to support the domestic defi ecology by cooperating with each other, for example, s. finance and sakeswap . s. Finance will soon support itoken mining after the festival.

1.itoken的愿景与进展
YFII机枪池类似链上银行,itoken是存币凭证,代表token和理财(挖矿)收益,所以itoken代表的价值会不断增涨。

一方面积极寻求和国际上主流defi平台(例如:AAVE、Compound等)的合作,另一方面是支持国内defi生态(例如:s.finance和sakeswap),相互合作,例如s.finance将在节后很快支持itoken挖矿。

  1. How does YFII’s APY position in the industry face the decline in liquidity mining?

In terms of long-term lossless mining standards, YFII has the highest rate of return, and the stable APY is: 15%~20% (far higher than the wealth management income on the YFI platform).

For similar platforms, such as YFV and Harvest, the return rate is higher than that of YFII. However they both adopt dual mining, coupled with its own token mining, is not sustainable. In addition, the price of new project tokens fluctuates greatly, so the actual rate of return is often lagging. In the current market situation, the rate of return is constantly falling.

Other high-yield platforms are LP mining coming with impermanent losses.

YFII pays attention to the safety of funds. All YFII valut contracts have been audited by third parties inside and outside the community and no security incident has occurred.

All front-end and back-end codes are open source on Github, and you can track the development progress and workload of the YFII community by yourself.

In general, the YFII valut is characterized by lossless mining, no capital ceiling, multiple currencies to choose from, balanced and optimal security and returns.

2.YFII的APY在行业内的地位,如何面对流动性挖矿热度的下降
以长期无损挖矿的标准来看,YFII的收益率是最高的,稳定年化是:15%~20% (远比YFI平台上理财收益要高)。

对于类似YFV、Harvest等平台收益率比YFII高,是因为双挖,加上了自己的代币挖矿,是不可持续的。而且新项目代币价格波动大,所以实际收益率经常滞后,在当前行情遇冷情况下,收益率是不断下降的。
另外一些高收益平台是交易对LP挖矿,是有无常损失的。

YFII注重资金安全,所有机枪池合约都经过社区内部和社区外第三方审计,没有发生过安全事件。
所有前端和后端代码都是在Github上开源的,大家可以自己追踪YFII社区的开发进度和工作量。

总体来说,YFII机枪池特点是无损挖矿、不设资金上限、可选币种多、安全和收益均衡且最优。

  1. The status quo of cooperation between our old comrade-in-arms Sake and sfg ?

Sake has the characteristics of limited total currency supply, mining via transaction, slippage capture, etc. Sake has a team like us. Both of YFII and SAKE are independent projects, and we can act like brothers. For example, if you are trading on a decentralized exchange, buying YFII on Sake with ETH will enable you get more YFII than buying on platforms such as UNI. Yes, of course this is also closely related to its pool depth, slippage capture and profit sharing mechanism. Now we are also exploring the cooperation space in technology and community.

Regarding sfg , it is deploying the itoken trading pair that supports YFII. Itoken, an interest-bearing asset, is very important for our future development of defi Lego, and the itoken transaction itself is a recognition of the value and reputation of our products.

3.我们的老战友sake与sfg的合作现状
Sakeswap的具有代币总量有限,交易挖矿,滑点捕获等特点,也和我们一样是一个做事的团队。我们和SAKE都是独立的项目,又能像兄弟一样搭把手,比如在如果大家在去中心化交易所交易的时候,用ETH在sake上购买YFII是比在UNI等平台买到更多的币的,当然这也和他的池子深度,滑点捕获以及分润机制等有密切关系。现在也在探讨在技术和社区方面的合作空间。
关于s.finance,也正在部署支持我们YFII的itoken的交易对,另外也有支持itoken挖矿的合作。itoken作为生息资产对于我们未来发展defi乐高非常重要,而itoken的交易本身也是对我们产品价值与信誉的认可。

  1. New Development of YFII’s DAO Governance

Compared with western world, the domestic community governance culture and habits are still relatively weak, governance is a project, and YFII has just begun. Maker’s governance is relatively successful, YFII can learn from it, and gradually form a unique governance of the YFII community, cultivate governance talents in the YFII community, and continuously promote the development of YFII DAO and projects.

At present, YFII’s community governance foundation is still relatively good. There are IM tools such as WeChat groups and Telegram groups to discuss ideas, as well as community forums and Yuque , kinda like gitbook, to conduct formal discussions, and proposals and votes using snapshots. Finally all the above are developed and implemented by YFII dev-team, and publicized by the propaganda team.YFII has formed a set of governance processes. In addition, governance is a process, not a result, and requires continuous improvement.

4.YFII的DAO治理的新进展
对比国外,国内的社区治理文化和习惯还是比较弱的,治理是个工程,YFII才刚刚开始。Maker的治理比较成功,YFII可以借鉴,并逐步形成YFII社区独特的治理,培养出YFII社区的治理人才,不断推进YFII DAO和项目的发展。
目前,YFII的社区治理基础还是比较好的,有微信群、电报群等IM工具进行想法讨论,以及社区论坛和语雀进行正式讨论,和提案,并使用snapshot投票表决,最后由开发团队进行开发和实施,并由宣传团队对外宣传,已经形成了一整套治理流程。另外,治理是过程,不是结果,需要不断改进。

  1. The new cooperation that YFII is currently advancing and the collision of new views and new opportunities.

Swerve:Build ipool to support itoken

s. finance:itoken mining will be launched soon after the festival

Near:Silicon Valley’s most watched new public chain , which has a division of labor with Ethereum. Through the Rainbow Bridge cross-chain, it can interact atomically with assets on Ethereum. Community development is testing and deploying the YFII valut on Near.

Reminder: None of above related serve as investment advice

Any community member who feels that he has the resources and abilities can contact external projects and platform cooperation. The YFII community is an open community. All members are welcome to actively participate, express their opinions and ideas, and form proposals and votes after full discussion, and finally realize their ideas.

5.YFII目前在推进的新的合作,碰撞的新观点与新机遇
Swerve:建立ipool,支持itoken
s.finance:支持itoken挖矿,节后很快上线
Near:硅谷最受关注的新公链,与以太坊分工,通过彩虹桥跨链,可以与以太坊上资产进行原子级交互。社区开发正在Near上进行测试部署YFII机枪池。

提醒:以上不做投资建议

任何社区成员觉得有资源和能力,都可以联系对外的项目和平台合作。YFII社区是一个开放的社区,欢迎所有成员积极参与,发表自己的意见和想法,经过充分讨论后形成提案和投票,最终实现自己的想法。

  1. Has YFII encountered any difficulties recently? Is there any experience in the exploration?

YFII lack for developers. Only two technical masters, Gao Jin and Minako Kojima, are writing contracts. The front-end talents are also relatively short, and more people are still needed to participate to improve our development efficiency.

In terms of operations, we also have the problem of talent shortage and brain drain. Due to the imperfect incentive mechanism, the difficult workload of DEFI education in Chinese communities is relatively large, the recent currency price is unstable, and the flow of information is not smooth. The operation of the community is also facing the challenge of a shortage of talents, and we are also thinking about related incentives.

Regarding prices, to put it simply, we are a long-term project, and the bargaining chips are relatively scattered. What we can do is to do things steadily and make up for the homework that needs perfection. For example, in the area of governance, from initiating discussions, to proposals, to whether to become a policy, a multi-level, multi-stage, credible and reliable governance system is formed, and more people are attracted to participate in specific affairs. For example, to do a good job of our ecology, to have a first-mover advantage over other projects. In the face of sluggish market conditions, we do things steadily

6.YFII近期有没有遇到什么困境,是否在探索中有经验总结
在开发团队方面,我们面临着工作人员相对紧缺的问题,现在是高师傅和小岛美奈子两位技术大咖在做写合约,前端的人才也相对紧缺,还是需要有更多人参与进来,从而提高我们的开发效率
在运营方面,我们也存在着人才短缺和人才流失的问题,由于一些激励机制的不完善,中国社区DEFI教育难度工作量相对较大,近期币价不稳定,信息流通不畅通等一系列原因,社区的运营工作也面临着人才紧缺的挑战,我们也在进行相关激励的思考。
另外关于币价,简单来说,我们是一个长期项目,筹码也相对分散,我们能做的是踏实做事,把需要完善的功课补起来。比如说治理这块,从发起讨论,到提案,到是否变成政策,形成一个多层级,多阶段,可信可靠的治理体系,并且吸引更多的人参与具体事务。比如说做好我们的生态,比其他项目有先发优势等。在低迷的市场行情面前,我们踏实做事

  1. Recruitment of new volunteers for YFII

We are looking forward to your participation in the development group, operation group, etc.

Scan the QR code published by the community and add WeChat robot assistant, or directly communicate with the administrator of any community. The related work of community operation mainly includes: Community operation, event operation, forum operation, poster design, social media operation, translation, video production, emoji production, etc.

7.YFII新志愿者的招募
我们现在在开发组,运营组等都期待您的参与。
可以通过社群发布的二维码扫码加机器人小助手微信获得,或者向任何一个社群的管理员咨询相关事宜。其中社区运营的相关工作主要包括:社区运营,活动运营,论坛运营,海报设计,社交媒体运营,翻译,视频制作,表情包制作等。