Introduction to Yield Enhancement Labs
Introduction Yield Enhancement Labs (YEL) is a next-gen hybrid DeFi protocol that focuses on yield enhancement and is currently powered by Ethereum, Binance Smart Chain, Fantom, Avalanche and Polygon.
YEL aims to simplify the complexity of DeFi by creating the best opportunities and maximizing returns for liquidity providers through innovative approach, through several directions: - Equilibrium V2
The Equilibrium V2 protocol is engineered to steadily gather returns as YEL tokens. These amassed returns are then shared among the protocol's users.
YEL Finance aims to build a multichain ecosystem with no barriers of entry for users, aggregating all best possibilities for yield enhancement across DeFi. The ecosystem shall become an ultimate aggregator of instruments to access most profitable strategies and generate wealth for user. YEL token is a governance token, that accumulates revenues of the protocols from fees.