Yield Protocol is an open source platform allowing anybody to create and execute yield farming & trading strategies on the Ethereum (ETH), Binance Smart Chain (BSC) and Polygon (MATIC) Defi ecosystem.
The $YIELD token is the native cryptocurrency of the Yield Protocol. All products built using Yield Protocols tools are required to integrate the YIELD token into their system. A percentage fee of all the yield generated on all products is converted into YIELD. $YIELD token holders, as well as YIELD LP token holders, are getting the priority for investing their funds in the best yield farms.