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YFLINK Announces New Project: LINKLEND

Summary: YFLINK, The liquidity mining ecosystem, has announced its latest addition, a permissionless community-governed lending protocol for the Chainlink community and YFL token holders.The protocol will focus on providing safety and value capture for its users, while also offering a wide range of features and designs that according to the company, “will enable it to be ...

YFLINK, The liquidity mining ecosystem, has announced its latest addition, a permissionless community-governed lending protocol for the Chainlink community and YFL token holders.The protocol will focus on providing safety and value capture for its users, while also offering a wide range of features and designs that according to the company, “will enable it to be the first-of-its-kind lending protocol in the crypto ecosystem.” The LINKLEND protocol will be powered by the YF Link Token, which will allow stackers participating in the YFL governance pool, treasury, or the LINKPAD fund, to generate gains by receiving a percentage of the fees paid at the time of minting and redeeming of synTokens.

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