How the Memecoin Yield Platform Functions
As mentioned, holders of a multitude of large and smaller/lesser-known memecoins such as TRUMP, GRIFFAIN, GIGA, and 20+ other memecoins can stake any of these memecoins close to RISK FREE in the Memecoin Yield Platform and earn yield.
The yield system:
In order to offer this risk free yield, we had to devise a scalable system which benefits both memecoin stakers as well as $LFG stakers. The system we pioneered, we believe will change DeFi:
There are billions of dollars worth of memecoins sitting idle in holders' wallets, earning no yield.
The Memecoin Yield Platform offers a first of it's kind staking offering to holders of most established memecoins.
Once their memecoins are staked in the Memecoin Yield Platform, these holders immediately start accruing $LFYIELD, our reward token RISK FREE. Staker's memecoins can be withdrawn at any time.
$LFYIELD's value is driven by capital injections from LFGrow protocol's treasury, as well as a myriad of benefits throughout the LFGrow ecosystem for staking $LFYIELD.
This is the simple yet incredibly powerful system we have devised to provide memecoin holders with risk free yield.
Now, the question on your mind may be "how is this sustainable? you're essentially just giving away free gains to stakers."
Read on to the next page to understand the way the protocol builds profits through the Memecoin Yield Platform, and eventually rotates that value to it's most net positive ecosystem participants ($LFG stakers), allowing them to earn perpetually.
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