WHITEPAPER

Yearnlab
Nov - 2021
Foreword
Blockchain technology has become an integral part of many enterprises. Its importance
stems from its ability to provide encrypted information. This allows businesses to
securely store and transfer information. In addition to the secure storage and
transmission of information, Blockchain also integrates decentralized financial
applications. The merger of Blockchain and DeFi has created many great products that
have swept the digital sector.

Yearnlab Finance is a second-generation, single solution financial product that is

accessible, profitable, and easy to use: Pay with Resources from productive agriculture.
This proposal requires the forefront of technological and business development, both
of which is explained in detail in this white paper. The first front consists of a running
Decentralized Exchange (DEX) Yearnlab Finance with Binance Smart Chain and
Pancake Swap, users earn and Invest in our liquidity pool and get tokens. It works with
the main goal of providing income with $YLB, a permanent deflationary token. That
has continuous emissions in combination with a strategic system of regular combustion
which balances the supply over time. Thus, the Pump & Burn mechanism guarantees
constant Demand that helps balance prices when new tokens are issued to agricultural
investors.

Apart from providing liquidity to his customers. BSC is also one of the cheapest
blockchains. Provides the lowest cost to execute a transaction. The cost of exchanging
on BSC is about 0.000005, while the cost of exchanging on the most competitive
blockchain Ethereum is 0.008. You can also execute more than 50,000 transactions at
one time. This is the maximum number of exchanges performed by the blockchain.
 What is yield farming?
Yield optimizers are decentralized digital platforms to facilitate investing your digital
assets. Simply put, these yield farms will efficiently utilize your crypto assets to
generate passive income much faster than doing it manually.

Each vault has its unique strategy to invest funds for profitable outcomes.

While yield farms have been a very frequently talked about means of earning money
through cryptocurrency in the decentralized fashion, it does come with it's own pros
and cons. There are several risks that come with perks that you might be looking
forward to while planning to participate in one of these yield farms and smart
contracts. DON'T WORRY, Yearnlab got your back!

The entirety of the referenced provisions are the various reasons that move automated
market makers and yield farmers to develop their activities on this blockchain. Yearnlab
was likewise one of these projects that took into thought these technical facilities
presented by BSC to make it available for its own community.
 Introduction
Yearnlab is a multi-chain yield optimization ecosystem constructed on Binance smart
chain (bsc). It is a decentralized cross-chain protocol to manage your digital funds
effectively across multiple blockchains. Yearnlab uses your existing digital funds to
generate more digital funds. Its effective strategies allow you to increase your funds
five folds. Decentralized networks are permissionless and trustless platforms, where
you do not need an intermediary to perform your transactions. This deviation from the
centralized financial system makes it much easier and efficient for users to earn money
by using money. Decentralized networks like ours provide a handful of opportunities,
including smart investment strategies, automated marketing strategies, and other
opportunities available in the decentralization finance world. This saves investors
plenty of time as compared to doing it manually.

Yearnlab has tried to maintain its distinguished reputation in the market by simply
introducing advancements in the most basic offerings of yield farms, that is,
decentralized energy exchanges, staking, and governance. This was mainly done to
facilitate our users.

Among other benefits that Yearnlab aims to offer its user base, are high-security smart
contracts, Cross-chain liquidity aggregation protocol, Multi-chain staking as a service,
creation of native tokens, and asset farming on multi-chain, and larger base of native
currency Binance coin users (BNB), lower transaction fees, and an efficient platform to
entertain a large number of users at a time.
Yearnlab is a breakthrough in providing updated features of DeFi all in one platform. It
aims to facilitate native and any foreign blockchain users.
 How does Yearnlab work?
Yearnlab is a multi-chain yield optimizer ecosystem that enables its users to earn
rewards on their crypto holdings. It maximized user rewards through a set of
investment strategies secured by a smart contract.

Yearnlab's main product is a "Vault" that inserts crypto tokens. The investment strategy
linked to each vault will automatically increase the number of deposited tokens by
adding interest to the assets originally deposited, with farm reward tokens of any
income. Despite the name "Vault", funds are never locked in Yearnlab Vault. You can
withdraw at any time.

Yearnlab provides 3 different staking pools with same APY reward as following:
● Earn YLB
● Earn BNB
● Earn BUSD

Features available at launch

Yearnlab has incorporated certain features in its platform for pre-launch. More features
are being designed to facilitate our user base. Because, our key motive is
differentiation. Differentiation is an important key to longevity and sustainability of any
project. Therefore, we have differentiated our platform from other automated market
makers through introducing innovation in important features, such as staking, and
governance.
#Learning
“EDUCATE YOURSELF IN
THE WORLD OF CRYPTO”
The world of crypto can be an extremely difficult place to navigate your way around.
With Youtube, Telegram, Twitter & other news platforms, Bloktopia will position itself
as a central hub, where users can come and learn in an open and friendly environment.

#CreateToken
“PUSH THE BOUNDARIES
OF YOUR CREATIVITY”
Create your own ERC20 or BEP20 Token in less than a minute with the most used
Smart Contract Generator for ERC20 and BEP20 Token. No login. No setup. No coding
required.

#CustomPool
“GENERATE REVENUE THROUGH
MULTIPLE INCOME STREAMS”
List your own token in staking platform and earn hight DPY/APY.

#HighestReward
Yearnlab offer you APY of 150,384.84% to compensate you for providing liquidity in
the liquidity pools.
Staking
Staking allows liquidity providers to generate
returns by locking their funds into the staking
pool. This phenomenon allows users to use
unused funds. The essence of staking lies in
its ability to generate returns through
uncertain market movements. Uncertainty is
an integral part of financial markets, but
staking can help overcome this problem.
Yearnlab allows you to use tokens from other
cryptocurrencies or newly generated tokens
with their described names. These tokens are
then supported by Yearnlab. These tokens
also offer other benefits. Yearnlab offers
multiple pools for liquidity providers, YLB /
YLB, YLB / BNB and YLB / BUSD. In addition,
YLB offers upto 150,384.84% APY and 412% DPY. Moreover, unlike other staking
pools where liquidity providers need to lock their funds for a while, users of the YLB
platform can join or leave the staking pool at any time without restrictions or additional
charges.

Following formula is used on Yearnlab to calculate the staking reward

r(u,a,b)=t=abRl(u,t)L(t)
Where,
r(u,a,b) = reward for user a <=t=>b.
R is rewards minted per second
L(t) is total tokens staked at time t
L(u,t) is total tokens staked by user u at time t.
The function shows the total return user a will get, depending on the tokens staked by
user b at a given time in any staking pool on the platform.

Governance
The governance motive is to encourage participants and adjust their interests for
long-term sustainability. Yield farms like our project have a decentralized structure. To
maintain the essence of decentralization and introduce democracy into the structure,
we need to have voters within us. As soon as you put your money in a staking pool on
our Yield farm, you will receive a reward. These rewards provide voting rights that can
be used to participate in decision-making. Key elements of blockchain governance are
consensus, incentives, information, and the governance structure of each platform. It
effectively provides these basic elements.

Utility token
The utility token for Yearnlab is $YLB. A native token for the Yearnlab platform serving
as a currency throughout. All payments and rewards on the platform are in the form of
$YLB. Another exciting feature about $YLB is that it will back any new tokens created
on the platform to empower binance smart chain ecosystem and strengthen the YLB
community.

Yearnlab Prospects
Cross-chain liquidity aggregation protocol

Interoperability among blockchain is a burning concern at the moment. Cross-chain

liquidity aggregators address this issue by aggregating liquidity resources from
multiple decentralized exchanges, and their cross-chain pools.
Yearnlab will soon declare itself as a cross-chain liquidity aggregator protocol. This
platform will soon allow free trading among different chains. Our project aims at
becoming a multi-chain co-existence.

Seamless withdrawal using credit card & PayPal integration

Yearnlab is working to provide its users a seamless withdrawal facility through credit
cards and PayPal integration. This will be done through a third party. This feature will
not violate any blockchain laws.

Multi-chain staking as a service

Yearnlab plans to provide multiple cross-chain and multi-chain services to blockchains.

The aim is to connect heterogeneous blockchains to transfer assets smoothly. To cater
to the prevailing issue of trading restrictions among different blockchains, Yearnlab will
soon offer multi-chain staking as a service in its platform. Stay tuned for an update.

Asset farming on multi-chain

As a cross-chain protocol, Yearnlab developers are working to bring asset farming on a

multi- chain to this platform. This is a top priority after project launching.
 Yearnlab use case
Here, the user will interact with the Yearnlab front-end application, which is
responsible for inserting and retrieving the metadata to/from the backend server. The
back-end server will communicate to Yearnlab Node by creating transactions and
querying the blockchains for metadata required by the front end.

Users will be able to mint or import data and launch it on platforms offered by different
blockchains such as, B1P1 which is the platform 1 of blockchain 1. The Yearnlab Node
will also be able to retrieve data.

Challenges faced by Yearnlab

Yield farms are assumed as a reliable source of generating passive income through the
utilization of one's crypto. However, the market for yield farms has become denser over
the years due to the high supply of new yield farms every now and then, in order to
generate short-term profits. Users stake their funds in liquidity pools for a short term
given amount of time in order to earn rewards and shortly after that they opt for other
newer yield farms. This process loses the integrity of a platform to maintain its
community. Yearnlab offers certain features to retain its strong community.

There are several other benefits that you acquire from Yearnlab besides it's
advancements in technicalities of staking, and governance
No profit restrictions

Yearnlab does not put any restrictions on its users regarding profit-taking. Users on our
platforms can earn without any limitations. Simply, provide liquidity to the liquidity
pool. In this way, the liquidity pool owes you funds and pay you back in means of
Yearnlab tokens
Low fees and fast transactions

Yearnlab offer's its users the facility of lower transaction fees and faster delivery. We
know how much you dislike higher gas fees and any other hidden charges, to counter
your concerns we bring you the facility of lower fees and faster delivery in one
platform.

Personal funds security

Personal funds security is another crucial concerning factor for most investors. The fear
of falling in the hands of black sheep refrains most investors from trying new
investment opportunities to generate passive income. Yearnlab is concerned about its
users. Hence we offer a completely secure platform that does not have any loopholes
of information leaking holes. We provide the safety of your funds from malicious actors.

Rug-pull protected

That's why Yearnlab staking contracts are time-locked. This means every action our
developers or administrators perform is broadcast publicly 24 hours before it can be
executed. This gives our users plenty of time to secure their funds before an
administrator, developer, or hacker could move them.

In addition to the time-locks, we have made sure to remove any trace of 'the migrator'
code. A migrator code is often used to perform rug-pulls and theft by allowing the
developer of a contract to move the pooled liquidity out of the platform, so we've made
sure that there is no possibility of this happening, even if our team gets hacked or
attacked. Top of that team has decided to lock liquidity for long years so there is no
chance of a rugpul.
Yield farming market analysis
Yield farming is the practice of staking or lending crypto assets to generate high
returns or rewards in the form of additional cryptocurrencies. This innovative yet risky
and volatile application of decentralized finance (DeFi) has recently gained popularity
thanks to other innovations such as liquidity mining. Yield agriculture is currently the
largest growth driver in the emerging DeFi sector, helping to raise market capitalization
from $ 500 million to $ 10 billion in 2020. In short, the Yield Farming Protocol provides
liquidity providers (LPs) with an incentive to place or lock crypto assets in smart
contract-based liquidity pools. In August 2020, CoinGecko conducted a market
research intrinsic to yield farming, following where the key points noted in the research
Twenty-three percent of respondents have participated in crop farming in the last 60
days, indicating that crop farming is still a niche but growing. Each harvested
agricultural token accounted for less than 10% of the farmer's business. 52% of
farmers invest less than $ 1,000 in agriculture, and high gas prices are a major concern.
Forty percent of farmers claim they don't know how to read smart contracts and the
risks involved, but they don't. The entirety of the referenced provisions are the various
reasons that move automated market makers and yield farmers to develop their
activities on this blockchain. Yearnlab likewise one of these projects that took into
thought these technical facilities presented by BSC to make it available for its own
community.

NETWORK & PARTNERS

The Binance Network
Yearnlab will be built on the Binance Network. Yearnlab is delighted to be supported
by Binance and is proud to announce that the project has secured investment from
Binance.

Binance is the most active layer-2 BNB scaling solution that exists in the market today.
The Yearnlab team has decided to build on Binance due to its high speed, low cost
transactions and the overall compatibility of the network. This will allow us to connect,
develop and most importantly develop at scale on the Binance network. The power of
Binance is that it provides a credible layer of trust for users. It has significant
advantages over other networks allowing scalability, security and overall better user
experience.

Deflationary token mechanics

Yearnlab believes that today's high-yielding agroecosystems suffer from hyper
contraction. A very sharp drop in the general price of tokens on the blockchain. This
creates a deflationary spiral, lowers the valuation of tokens, lowers the annual rate
(APR), lowers the demand for general tokens, and lowers deposits. This scenario
creates a deflationary environment that does not serve the interests of stakeholders.
Buyback Burning Mechanism

4% deposit fee will be charged at staking and farming (excluding native farms)75% of
the deposit fee (4%) will be allocated to buyback $YLB and burnt.25% of the deposit
fee (4%) will be allocated as a dev & emergency fund. Buyback & burn with the 5% of
total deposit fee everyday 30% of the lottery pot will be burned. More games burning
even more tokens coming soon.
Transfer Tax Burning Mechanism

Compared to other Farms our transaction tax is significantly lower. This is to

compensate for the lack of a referral program but also to fight inflation in every
possible way.

Every transaction of YLB will be charged a 0.5% transfer tax.0.5% transfer tax will be
burned directly in every transaction. Use 2.5%+ slippage to buy YLB Less than 2%
slippage may cause the transaction to fail.

Deposit fee mechanism

A set amount of fee will be charged for initial deposits in our staking pool. This fee will
be decreased as the number of days of staking pool increases and consequently at day
30, it will become zero.
 Figure 1: fee and no. of days since farming starts

As the number of days of farming increases the fee charged as deposit fee decreases
till it reaches zero on day 30. Consequently, the rewards for staking as the number of
days in staking increases resultantly decreases till it reaches zero on day 30. This
phenomenon guarantees no further supply of $YLB. This phenomenon along with
buying back and burning will limit the supply and circulation of tokens.

Figure 2: Reward and days since farming starts

Transparent Buyback

Many other yield farms try to trick you by burning tokens without repurchasing. This is
meaningless and can be considered a scam. Let me explain why. Burning tokens
outside the liquidity pool does not change the price at all. It's just a trick that other
farms use to get you to invest money. These tokens are typically created or propagated
by an administrator before the app is released to the public. They seem to be worth it,
but they aren't really worth it. This turned out to be a very popular method. If you
notice something like this, be vigilant.

Risks associated with yield farms

Yield farming or liquidity mining is a relatively new concept in the world of
decentralized finance (DeFi). This allows users to generate passive revenue by
providing a pool of liquidity and becoming a liquidity provider (LP). Liquidity pools are
smart contracts that include funds and allow swaps on decentralized exchanges (DEX)
such as Pancake Swap. Users can offer a wide variety of cryptocurrencies to these
pools, depending on the platform. This is a great way for investors to make money, but
like all finance, it carries certain risks.

Impermanent loss:

Impermanent loss occurs when the deposited digital assets have a decreased value as
compared to the time of deposit. Though you do get reward for providing liquidity in
the liquidity pool but oftentimes this reward is less than compared to the depreciation
in value in assets. To simply put, the depreciation of your funds is relatively more than
as compared to the compensation provided at the end of the staking term and
distributed equally.
Mitigation:
You can mitigate the risk of impermanent loss through studying the market carefully
before investing in a crypto pair. Always choose stable coin pairs and avoid pegging on
volatile crypto pairs. Yearnlab team also introduced insurance for impermanent loss
which is 0.01% of every transaction that happens on a staking pool.

Tokenomics
Token specifications

● Token name: Yearnlab

● Token symbol: YLB
● Token supply: 100,000,000
● Platform: Binance smart chain
● Type: BEP-20

Tokenomics (Token Distribution)

● Presale sale: 30%

● Locked liquidity: 20%
● Strategic partnership: 5%
● CEX liquidity 10%
● Staking pool: 17%
● ILO Fee 3%
● Team token: 3%
● Airdrop/Marketing: 7%
● Development funds: 5%
Roadmap
Q3, 2021

● Whitepaper
● Social media awareness
● Website
● Explainer video
● Medium articles
● Airdrop

Q4, 2021
● Deploy Presale Smart Contract
● Deploy Staking Smart Contract
● SC Audit Report
● Marketing & Strategic Partnership
● Coinmarketcap & Coingecko listing
● Presale live
● Airdrop distribution

Q1, 2022

● CEX listing
● Create token testnet (beta version)
● Staking as a service testnet(Beta version)
● Mobile app test (beta version)
● DEX platform testnet (beta version)
● Governance platform live
Q2, 2022

● Create token (main net)

● Mobile app (main net)
● Staking as a service (main net)
● Interoperability staking functionality
● Cross chain staking platform
● Multichain staking as a service testnet (Beta
version)

Q3, 2022

● Paypal API integration

● Add more staking pools
● Marketing and partnership
● R&D and add more features
● Charity for blockchain society

Q4, 2022

● Introducing lottery system

● NFT integration
● Advance Strategic partnerships
● Expand team worldwide
● Insurance for impermanent loss
 Mission and Vision
This project consists of an anonymous team of digital enthusiasts. Each member of our
team is highly professional in their respective departments. Every single member of
this team was finalized after extensive testing and monitoring. We made sure to have a
team on board which shares similar values like us to yield the best output for you.

The company aims at providing you with the best user experience. A fast, reliable,
easy-to-use platform that gives you top-notch financial opportunities to manage your
funds smartly while also making it a user-friendly platform. We aim to make this
platform a decentralized cross- chain protocol. That provides services across multiple
blockchains in order to seamlessly connect heterogeneous blockchains.

Our team members have put their blood and sweat into this project to give it the
existence that it has now for your convenience only. We will continue to make
advancements in our platform according to your demands and requirements. Our
platform started with BNB only and with future advancements, we aim at adding other
blockchain options to pick from for providing versatility in this platform. Moreover, we
encourage extensive experimentation on our platform to bring you the best of our
Yearnlab.
 Thank You
Visit our website for more information and update on Yearnlab

www.Yearnlab.com