Yearn Land upgraded the old Yearn making some important adjustments in first layer protocols. Yearn Land is a DeFi yield aggregator for the lending platforms that during contract engagement rebalances for the maximum yield. For lending providers, Yearn Land makes benefit swapping, shifting the funds autonomously between dydx, Aave, and Compound. Yearn Land assigns a name to its solution as AMM (Automated Market Maker).
Token Holders Diversity Chart:
Total Token Holders:
Back Link Graph:
For the Pre-sale, the price of one yLand will be issued at 0.05 Ethereum each, fixed price at the moment of yLand token Smart Contract generation. ($17.50 in presale).
Yearn Land upgraded the old Yearn making some important adjustments in first layer protocols. Yearn Land is a DeFi yield aggregator for the lending platforms that during contract engagement rebalances for the maximum yield.
Looking back at Yearn Finance token holders total chart:
Yearn finance distributed token holders:
Interesting, that Aave owns about 15% of Yearn Finance Looking like Aave are behind Yearn, so who is behind Yland?, this is the chart of Yearn Finance second (red above), main token holder:
So who is Aave? Stani Kulechov is the founder and CEO of Aave, the DeFi platform with the most assets held in its smart contracts, at over $1B. It’s been an exponential rise from its launch just eight months ago. It’s done so pushing DeFi forward by driving innovation in interest-generating tokens, flash loans and delegated credit lines. We also get into all the recent yield farming craziness. Stani believes projects should build communities first, which can help fund audits, before launching protocols into the wild and risk losing users’ funds. There’s no trade-off between safer launches and fast growth; he believes DeFi can attract an even larger amount of users and funds by providing safer applications. If it doesn’t, it will end up losing credibility and users’ trust.?
So does Aave or Yearn now own Yland? Doesn’t look like that from the holder distribution, given that the clear link between Yearn and Aave.
Total Token Holders Aave:
Seems like Aave were under pressure to continue to innovate.