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Home All Events - Ape O'Clock Yieldification Perpetual Futures Launch


Sep 12 2022

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8:00 am

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  • Timezone: America/New_York
  • Date: Sep 12 2022
  • Time: 11:00 am



Yieldification Perpetual Futures Launch

Yieldification; launched in August 2022, is a yield earning staking protocol with tradeable/transferable stake NFTs and utilizing lock ups, yield vesting and early unstake penalties, for sustainability.

  • This is the launch of Yieldification’s Perpetual Futures trading feature
  • Users will be able to trade (long/short) weighted index assets using $YDF (native token) as collateral; where the price of the index is the weighted average of all the individual assets
  • Indexes available include; L1 index (BTC, ETH, SOL, BNB), Tech index (Apple, Amazon, Microsoft, Netflix), Swap index (CAKE, SUSHI, UNI) and Inu Index (DOGE, SHIBAINU)
  • 50x maximum leverage available
  • Trading fees will be charged in $YDF — 0.1% of the position size on opening/closing, and 0.005% for every hour that the position is open
  • Utilizes Chainlink Keepers oracle for price feeds
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