YOU meaning in Cryptocurrency ?

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Answer:

youves is a decentralised, non-custodial and self-governed platform for the creation and management of synthetic assets. Creators secure the value of the synthetic asset with different crypto collateral, pay interest on the loan and get rewarded with YOU in relation to their created synthetic assets. Holders of synthetic assets benefit from a new on-chain asset that offers a yield.

YOU token holders govern youves with voting rights that are directly bound to the token. Additionally, YOU token holders have the option to stake YOU tokens and receive their share of the platform profits.

youves was built with the vision to create a foundation for a transparent, interest-aligned and cost-effective finance ecosystem of the future. youves is built on Tezos due to its low gas fees and energy efficient consensus mechanism.

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Posted on 31 Oct 2024, this text provides information on Miscellaneous in Cryptocurrency related to Cryptocurrency. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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Miscellaneous in Cryptocurrency
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Miscellaneous in Cryptocurrency


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