PRESS RELEASE. IOST-powered DeFi Protocol Yokozuna Finance is warming up to claim the title in the IOST‘s dApp ecosystem. The sumo-themed gamified DeFi and NFT project has already created a buzz among the IOST and DeFi community and aims to climb the ranks with its official launch on 10th December, 11: 00 AM (UTC)

The sumo-inspired project, with a total supply of 100,000,000 and a deflationary distribution model, will be offered via FAIR LAUNCH to stakers on app.yokozuna.fi is being developed and guided by an experienced global team and an advisory board composed of professional and contributing expertise from technology, finance, sports, entertainment, media and academia, aims to educate and entertain IOST fans while promoting the sport of Sumo to avid and non-traditional audiences around the world.

Built on the IOST Network for its efficiency, ultra-fast speed, and practically zero transaction costs, Yokozuna Finance will allow users to guide the journey of a young rikishi (sumo wrestler) in hopes of becoming a Yokozuna or Grand Champion.

Yokozuna Finance is a powerful and unique platform that offers a remarkable experience. Double Mining, Automated Market Maker DAO Fund, Deflationary token, Vaults Governance, Cross-Chain Liquidity NFT Staking and Vaults are just a few of the features.

The projects’ early 2022 roadmap introduces auctions and a secondary marketplace where the project’s native token, ZUNA will be used exclusively to acquire, buy and sell SUMO NFT’s and related items to accessorize and enhance the performance including increased APY for users.

When fully realized, qualified NFT holders will own and govern the Yokozuna Finance DAO funded by transactions beginning December 12th followed by the innovative NFT system with learning-based earning and gamification that will launch in Q2 2022.

In the end, the DAO owners will participate in the DAO’s success by receiving distributions and will vote to support global SUMO projects designed to grow the sport.

$ZUNA Token Launch Imminent

Yokozuna Finance has commissioned and passed a third-party security audit by Beosin and launched its’ website yokozuna.fi and dApp app.yokozuna.fi Currently, users can pre-position IOST in single token vaults & earn IOST before the Official Launch on Friday, Dec 10th – 20: 00 TOKYO/11: 00 LON/6: 00 NYC

Earn $ZUNA by staking IOST (Live)

• IOST holders can stake IOST in single token IOST vaults that will earn IOST Rewards as if they were voting for IOST
• When Yokozuna Finance launches their Token Generating Event (TGE), you will be pre-positioned to earn IOST and ZUNA allowing users to earn DOUBLE MINING rewards for IOST single token vaults
• The Yokozuna Finance launch will introduce ZUNA single token vaults and additional Liquidity Pools where users will see several existing IOST project tokens earning ZUNA

What’s Next For Yokozuza?

Yokozuna will focus on building its NFT Platform and NFT System Sumo Gamification in early 2022. The team is aiming to reach long-term milestones such as cross-chain liquidity, NFT Governance for DAO and Automated Trading Strategies.

More on Yokozuna’s Roadmap can be found here. To learn more about Yokozuna, check out Telegram, Twitter ,Japan Twitter

IOST Blockchain- An Ideal Home for your dApps

DeFi decentralized apps must compete with traditional applications in a satisfactory manner. The underlying network must be speedy and compatible with the DApp launcher’s objective. Among the competition, IOST — an enterprise-grade, decentralized and ultra-fast network oiled with a proof-of-believability consensus algorithm — is building a robust portfolio by offering developer-friendly features and environments.

The IOST platform was created as a solution to the scaling problem. It aims to end the problem once and for all. IOST implements an array of technologies, including a proof-of-believability algorithm and high-performance virtual machine technology, all of which are supposed to offer higher TPS rates of up to 8,000 transactions per second.

Since 2019, IOST has offered a holistic dapp ecosystem and continued to make inroads in the budding DeFi and NFT space with multiple strategic partnerships and emerging on-chain projects — such as stablecoins (HUSD, JPYA, USDA), NFT Marketplace (TOKENLINK, Revival, RIZIN FIGHTING COLLECTION) and the newest Yokozuna Finance.

Developer-friendly features that have no congestion and no high gas fees, as seen in the Ethereum and Javascript smart contract languages, are the reasons many developers choose to launch DeFi projects on IOST. Users have the option to use the IOST applications with ease and accessibility, without having to pay a transaction fee.

To learn more about IOST, visit its Twitter and Medium page.

This is a press release. This is a press release. Readers are responsible for their own research before making any decisions about the promoted company, or any of its affiliates. Bitcoin.com does not assume any responsibility for any loss or damage caused or alleged by the use or reliance of any content, goods, or services mentioned in this press release.

Image Credits: Shutterstock, Pixabay, Wiki Commons

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