Cryptocurrency Yield Generating Enreach (YGNRCH)
The price for Yield Generating Enreach (YGNRCH) cryptocurrency is currently 0.00 $ (15 min delay),
daily range of currency change is 0.00 - 0.00 .
Last 24 hours news: trading volume -
0.00 $, price variance
0%
.
Project Website - https://enreach.io/
Explorer of transactions - https://bscscan.com/token/0x0F8754b36a767C5579178bd8a04D2fCd9D530b70
Twitter Account - https://twitter.com/EnreachDAO
Chart Yield Generating Enreach (YGNRCH)
Current price Yield Generating Enreach (ygnrch) | 0.00 $ |
Market Capitalization | 0.00 $ |
Trading Volume last 24h | 236.95 $ |
Absolute maximum | 2.06 $ |
Absolute minimum | 1.36 $ |
Yield Generating Enreach Quotes
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What is Yield Generating Enreach (YGNRCH)
1.) ygNRCH is ERC 4626 token that represents $NRCH staked position on our yaggr.app. (similar to ETH and stETH). When user stakes NRCH on yaggr.app, it receives ygNRCH. All yields generated through transactional taxes and other sources of yield are distributed to ygNRCH pool.
2.) ygNRCH holders earn stable return based on NRCH transactional tax (currently active) and penalty tax and Yaggr management fees (to be activated in the future).
3.) ygNRCH is the first yield generating vault on yaggr.app, representing staked NRCH position.
4.) The next steps for ygNRCH are activation of other sources of yield (penalty taxes and management fees) and increasing of total APY on this strategy.
5.) ygNRCH can be traded, provided as liquidity or unstaked (claiming back NRCH).
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