Yearn Inspired DeFi Comes to Binance Smart Chain with BSCstarter IDO

The next IDO to arrive on BSCstarter, a Yearn inspired DeFi ecosystem on Binance Smart Chain.

Starter Labs
2 min readMar 17, 2021

Although BSCstarter is only young, we believe in STARTing as we mean to go on. Since our launch (just over a week ago!) we have held three IDOs for high-quality projects in GoSwapp, CUE Protocol, and King of the Hill, all of which sold out in seconds.

The next is on the horizon: UNICORN, the key token in the YFUNI ecosystem.

YFUNI is a next-generation suite of DeFi products, which aims to bring innovation to the fields of yield farming aggregation, lending aggregation, and crypto banking investment on Binance Smart Chain.

Inspired by the mammoth Yearn finance (YFI) on the Ethereum blockchain, YFUNI aims to build an ecosystem of complimentary DeFi products such as uEarn, uVault, uBorrow, and uMortgage; and UNICORN is required to interact with these protocols.

START staking coming to YFUNI

We are excited to announce that BSCstarter has been selected as the first project to take part in the YFUNI yield farming ecosystem!

Soon after the IDO and launch of UNICORN (details below), START holders will be able to stake START on their platform and earn YFUNI rewards.

This is just one of many plans we have to add further utility to the START token, making it more attractive to HODL.

UNICORN IDO, 19th March 2021, 19:00 UTC

As always, to participate, holders of 100 START tokens or more will need to have staked them at least 24 hours prior to the IDO opening.

The START-ers have spoken with 114k START votes for YES. The UNICORN IDO will be going ahead:

19th March 19:00 UTC

IDO Details

  • Hardcap: 3000 BNB
  • Softcap: 1000 BNB
  • Maximum Purchase: 3 BNB
  • Minimum Purchase: 0.5 BNB
  • Sale Price: 0.00075 BNB
  • Listing Price: 0.00150 BNB

Fund Distribution

  • Liquidity UNICORN: 1500 BNB
  • Liquidity YFUNI: 400 BNB
  • Development Fund: 700 BNB
  • Marketing Fund: 400 BNB

Benefit for $START Holders

  • 1500 YFUNI/Month (worth of $1.5M) will be assigned to rewards for $START farming on YFUNI Ecosystem

Token Details

YFUNI Resource

Website: https://yfuni.finance
Twitter: https://Twitter.com/yfunifinance
Telegram: https://t.me/yfunifinance
Telegram Announcement: https://t.me/yfuni
Medium: https://yfuni-finance.medium.com/
Github: https://github.com/yfunifinance

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Starter Labs

A leading #blockchain R&D company focused on IRL incubating & coworking via @atlantachain, decentralized fundraising and play&earn game dev for #Web3