# Welcome to YF Link

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**Hot update:** A full and complete rebrand of everything including the logo, name, branding is happening right now! :eyes: We are called Varen now, and the new token is VRN!
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[varen](https://mortynr297.gitbook.io/yflink/faq/varen)
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^ Click the button above to read the FAQ about the rebrand.

## Our mission

[YF Link](https://yflink.io/#/) was created to empower[ $LINK](https://www.coingecko.com/en/coins/chainlink) and[ $YFL](https://www.coingecko.com/en/coins/yf-link) holders ("LINK Marines") by creating a self-reinforcing DeFi ecosystem that aims to innovate, add value and push the boundations of decentralized finance ([DeFi](https://en.wikipedia.org/wiki/Decentralized_finance)) while generating revenue for $YFL holders and the[ YF Link](https://yflink.io/#/) community.

## **The $YFL Ecosystem**

$YFL is an **income generating asset** and a governance token that sits at the heart of the multi-faceted YF Link ecosystem. $YFL holders earn fees from all parts of the YF Link ecosystem. The flagship product of the YF Link ecosystem is **Linkswap**.

### [Linkswap – a community owned decentralized exchange.](https://learn.yflink.io/yflink/yf-link-project/linkswap)

{% hint style="success" %} <img src="https://775502997-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MMNWW4K8SGKdF6U1ZtU%2F-MUW_ZbafIAb-HuYA3BL%2F-MUW_yGmXr4qbmPgnU6d%2Fswap.png?alt=media&#x26;token=89211e8b-27de-486c-924a-a38d5b507cf0" alt="" data-size="original"> [**Start trading on Linkswap here!**](https://linkswap.app/)
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{% hint style="success" %} <img src="https://775502997-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MMNWW4K8SGKdF6U1ZtU%2F-MTw2CD4CieY4jDW-J2o%2F-MTw3DFeSFMSZi4tRFVX%2Fdiamond.png?alt=media&#x26;token=07430e5b-89ce-40d2-b247-81fbb8012732" alt="" data-size="original"> [**Start earning passive income on Linkswap here!**](https://learn.yflink.io/yflink/linkswap/staking-pools)
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Other YF Link ecosystem products that have been deployed:

* [**Ren bridges**](https://learn.yflink.io/yflink/yf-link-project/ren-bridges) – integration of RenVM for cross chain interaction with BTC, DOGE, ZCH, etc.
* [**Wafflehouse** ](https://learn.yflink.io/yflink/yf-link-project/wafflehouse)– a blockchain game built on the Harmony L2 network.
* [**YFLUSD** ](https://learn.yflink.io/yflink/yf-link-project/yflusd)– an algorithmic stable coin.
* [**LINKPAD**](https://learn.yflink.io/yflink/yf-link-project/linkpad) – a VC fund which started at YF Link and has since gone private.
* [**LINKCHECK**](https://learn.yflink.io/yflink/yf-link-project/linkcheck) – ethical auditing service.
* [**YFL NFTs**](https://learn.yflink.io/yflink/yf-link-project/usdyfl-nfts) – series of NFTs having been either distributed as LP incentives or auctioned.

Experimental products that are under development or being planned:

* [**SPROUT**](https://blog.yflink.io/project-announcement-sprout/) – a token presale platfor&#x6D;*.*
* [**LINKLEND**](https://learn.yflink.io/yflink/yf-link-project/linklend) – a lending and borrowing platform (development paused).
* [**MemeTeam** ](https://learn.yflink.io/yflink/yf-link-project/meme-hq)– an app to post and vote on meme&#x73;*.*

## **The $YFL Tokenomics**

The $YFL token's contract address is [**0x28cb7e841ee97947a86B06fA4090C8451f64c0be**](https://etherscan.io/token/0x28cb7e841ee97947a86B06fA4090C8451f64c0be) **.**

$YFL is an income generating asset with **only 50,000 YFL tokens** in circulation. By staking in the governance vault holders earn revenue from all parts of the $YFL ecosystem. Most importantly, all governance rewards are paid in $YFL, which is market bought during distribution events before being distributed to governance stakers. This buy-back mechanism combined with its fixed supply creates consistent buy side pressure for $YFL.&#x20;

**$YFL Staking earns;**

* a share of LINKSWAP trading fees (\~17% of the trading fee, or 0.05% of the total trade cost)
* 80% of ALL token listing and protocol fees on LINKSWAP
* 70% of investment profits from LINKPAD's Sovryn investment
* 50% of fees from the LINKCHECK service

**Liquidity Providers (LPs) -** earn LP fees (\~83% of the trading fee, or 0.25% of the total trade cost) and LP rewards

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Want to learn how to **stake** your $YFL tokens and start **earning rewards**? Head over to the [**Staking & Voting section**](https://learn.yflink.io/yflink/governance-1)
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{% hint style="success" %} <img src="https://775502997-files.gitbook.io/~/files/v0/b/gitbook-legacy-files/o/assets%2F-MMNWW4K8SGKdF6U1ZtU%2F-MUW_ZbafIAb-HuYA3BL%2F-MUW_yGmXr4qbmPgnU6d%2Fswap.png?alt=media&#x26;token=89211e8b-27de-486c-924a-a38d5b507cf0" alt="" data-size="original"> [**Start trading on Linkswap here!**](https://linkswap.app/)
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## Other Resources

* YF Link Homepage: [https://yflink.io/](https://yflink.io/#/)
* YF Link governance vault rewards calculator: <https://calculator.yflink.io/>
* YF Link Discord: [https://discord.com/invite/nQWEx88](https://discord.gg/MX8CDqSXxa)
* YF Link Blog: <https://blog.yflink.io/>
* YF Link Telegram: <https://t.me/YFLinkGroup>
* YF Link Twitter: <https://twitter.com/YFLinkio>
* YF Link Facebook: <https://fb.com/groups/yflink>
* YF Link Governance forum: <https://gov.yflink.io/>&#x20;