👏Introduction

Note: Please read our disclaimer before proceeding. All displayed price values are estimations, and therefore not guaranteed. Estimations are based on March 2022 price averages. Actual values written in this gitbook are subject to change and no rights can be derived from any of the values.

The Yummy GitBook will be continuously updated as the Yummy project grows and evolves.

Growth Fund: The ''Growth Fund'' is a capital reserve which we use to primarily stake in high quality protocols. At a value of approximately $1.3M, it generates ≈ $2,000/day through staking yields that are primarily utilized to buy back Yummy tokens at market (creating buying pressure) and distribute them to the burn wallet and/or staking rewards. Yields can also be used to pay any project expenses that arise without reducing principal capital of the growth fund.

Staking platform: With the Yummy staking platform, an investor has the ability to stake different tokens and earn passive rewards in both $Yummy and/or partner tokens. Continual token burning combined with the fact that there is no ability to mint more $Yummy tokens creates hyper-deflationary staking rewards (when rewarding $Yummy). Yummy Dollar: Yummy Dollar (YUSD) is the Yummy projects stable coin and is 100% backed by the capital of the Growth Fund. The current utility of YUSD is as a staking asset on our platform. Since YUSD is aimed to be pegged at $1, this is a low-risk method for earning the hyper-deflationary $Yummy token.

NFT's with APR boost: YummyDog NFTs come with many benefits to holders which includes APR boost within our staking pools. While the full capability of the staking boost is still in development, once fully launched investors holding YummyDog NFTS will earn higher APRs (up to 2x) and gain a competitive edge over others in the staking pool. In addition, the NFTs come with other benefits, such as: tax free buys, discounts and future benefits.