Business Model
All stakeholders of the Yanda protocol are able to monetise their participation in it.
Last updated
All stakeholders of the Yanda protocol are able to monetise their participation in it.
Last updated
The Yanda protocol earns a fee every time the user deposits funds in its smart contract. The protocol starts with a default 0.2% fee.
The Yanda smart contract converts every cryptocurrency or token received into YND to be distributed to the parties.
The smart contract distributes the earnings as follows:
50% to the protocol (to be reinjected in staking and rewards pools)
25% to the broker offering the service for which the deposit was triggered
25% to the validators picked randomly to audit the process
All YND token holders will be able to delegate their voting power to the Yanda validators to participate in the validators' fee sharing.
Brokers earn 25% of the protocol fee every time they are involved with the provision of a service.
Validators earn 25% of the protocol fee every time they are involved with the auditing of a service.
The protocol retains a 50% fee and reinjects them into staking pools or rewards pools, or in any other form of incentivisation of protocol usage.
