YIDO - Native Yield IDO
Native Yield IDOs: A game-changer for the funding space
Native Yield IDOs (YIDOs) are a revolutionary new type of initial decentralized offering (IDO) that combines the traditional concept of IDOs with the innovative concept of native yield. In a nutshell, Native Yield IDOs allow users to participate in IDOs without the risk of losing their investment. This is achieved by allocating a portion of the yield generated from staking ETH or stablecoins on the BlastOff platform to support YIDOs.
This fully automated system creates the first-ever idle IDO earning system. Set it up once and get tokens airdropped to you regularly.
How do Native Yield IDOs work?
Here's a simplified breakdown of how Native Yield IDOs work for regular users:
Stake ETH or stablecoins: Users can stake their ETH or stablecoins on the BlastOff platform directly or through YZone, the platform's yield aggregator. Staking involves locking up your tokens for a specified period to earn yield.
Allocate yield to YIDOs: A portion of the yield generated from staking is automatically allocated to support YIDOs launched on Blastoff. This means that users contribute a portion of their earnings to fund new crypto projects. Users decide what % of future yield they want to allocate towards YIDOs.
Participate in YIDOs: When a YIDO is launched on Blastoff, a portion of the yield automatically gets used in the YIDO. Project tokens then get auto-airdropped during TGE.
Zero-risk investment: The key advantage of Native Yield IDOs is that users are not at risk of losing their investment. Only a portion of future yield is dedicated towards the projects.
TL;DR YIDOs offer:
Zero-risk investment: Unlike traditional IDOs, where users risk losing their investment if the project fails, Native Yield IDOs offer a zero-risk approach.
Passive income generation: Users earn a yield on their staked ETH or stablecoins, even while participating in YIDOs. Forget about FCFS and IDO timing hassles.
Early access to promising projects: Users can invest in promising new crypto projects early on, potentially benefiting from significant price appreciation.
Diversified investment portfolio: Native Yield IDOs provide a way to diversify one's investment portfolio by participating in multiple YIDOs across different sectors of the crypto ecosystem.
YIDOs $OFF utility:
$OFF stakers will get benefits in the form of
higher allocations for automatic participation in YIDOs
separate pools for manual participation in YIDOs
lower fees on Blast Native Staking and YZone
Benefits are distributed based on your Blast Force score, which determines your Tier.
Learn more about Blast Force.
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