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About Yetucoin
YetuSwap is a decentralized exchange based on the Binance Smart Chain. It uses automated market-making (AMM), which allows assets to be traded in a permissionless and automated way by using liquidity pools than a traditional market of buyers and sellers. In the liquidity pools, liquidity providers add funds to the available pools. YetuSwap has its own governance asset, the YETU token, which users can use to vote on different platform proposals and protocol changes. And they plan to incentivize the liquidity providers with yield farming. YetuSwap is already under development and will be audited before launching on June 20, 2021.
Despite being an exchange with Pan-African design, anyone regardless of origin can be part of the protocol.
In addition, holders of the Yetucoin token will be able to use it within the decentralized exchange to increase their earnings in the form of liquidity mining/yield farming.
Yetucoin will allow the creation of new units of the currency with the LeasedProof-of-Stake (LPoS) system, during the ICO only 100 million units of the total of 300 million Yetucoin will be distributed.
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