/biz/ - Business & Finance

>>22762242
The point of playing these Y clones is to have more capital for the good projects like kusama. But I get it, it's a little too much risk for some people.

1.What is YFMOONBEAM?

YFMB is a decentralized autonomous organization with important focus placed on sustainable rewards and the participation and governance of its users. This helps to create an ecosystem in which developers, researchers, and yield farmers alike can experiment and be rewarded for their efforts.

2. What is the purpose and use case of YFMB?

The YFMB token can be utilized in a variety of ways either through the governance dashboard or farming /staking dashboard. Users can lock tokens inside of the incubator and be rewarded for providing value to the project, or create and vote on proposals from the community.

3. Why a DAO?

Here at YFMB, the quality of decentralization is of utmost importance. In order to create a properly functioning ecosystem for decentralized consensus protocols, all of the decisions and the direction of the project is decided by the users themselves, who act as the backbone of the token and its ecosystem.

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4. Who founded YFMOONBEAM?

YFMOONBEAM has no central figure or owner for the project. It was created within a fluid ecosystem, which is intended to be controlled by the users themselves. There are no limits or stipulations as to what can be done in the future.
YFMOONBEAM was initially created with the help of a team of developers who have had experience with a handful of other cryptocurrency projects. Over time, complete control of the token and its functions will be handed over to the users involved in the project. The team has chosen to stay anonymous for the purpose of privacy and decentralization.

5. Do you have a Roadmap?

- Public Sale
- Launch Farming & Staking dashboards
- Begin Incentivized Governance Protocol
- Create Staking pools
- Integrate other governance assets on the farming dashboard, allowing users to farm their favorite governance tokens at the same time as farming YFMB
- Migrate YFMOONBEAM to Polkadot's Moonbeam parachain.
- Hand over complete control of YFMOONBEAM to the community