The era is advancing. In just a few years, the blockchain industry has experienced opportunities and ups and downs that are difficult to encounter in other industries for decades or even hundreds of years. In the fierce development, the blockchain industry has gradually developed from a silent technological innovation to a popular application recognized by the world. Throughout the international financial market, with the deepening of the financial system reform and the capital market, blockchain technology is also constantly promoting the growth of the international economic form.

What is YMIR Network?

YMIR Network, referred to as YMIR, based on the development of YMIR Main Network, is an innovative and improved underlying protocol aimed at the current underlying centralization of the Internet and the growth demand of the DEFI market. In this regard, YMIR is out of the air, challenging the third revolution of blockchain! The YMIR Founder Decentralized Financial System will create the world's first decentralized Internet infrastructure protocol.

YMIR Main Network is an initiative of YM Foundation, a leading global venture capital firm. Founded in 1989, YM Foundation (YMF) is headquartered in Sweden and has offices in Gothenburg, Malmo and Tokyo. Since its inception, Globespan has successfully invested in ONT, BTS, BTM and other projects. YFM has extensive investment experience and contacts in Asia and helps its portfolio projects/companies reach global markets. Team members are all from blockchain industry engineers, distributed industry scientists and crypto industry pioneers.

YMIR Main Network has many advantages. Including speed and can be expanded to the Internet speeds and unlimited increase capacity, able to host applications and infinite intelligence contracts, storing any amount of data at the same time, the block chain throughout the rest of the world network and data distributed storage, adopt decentralized machine service, effectively protect the safety of users digital assets, reduce the hacker attacks and control, Will support more digital assets to pledge borrowing and lending, high-yield polymerization of all income, settlement, clearing completely performed by the contract, open, transparent, anybody cannot be tampered with, decentralized anyone can be a node, and institutional support Ymir development and future development direction of Ymir DAO completely by chain a bill, The decision is made jointly by the YMIR holders.

The goal: YMIR, as the world's first blockchain based protocol for a fully decentralized Internet, will explore new ways of de-centralizing finance. The aim is to build a free, equal, open and transparent financial system that is not controlled by anyone.

The future development direction of YMIR Main Network involves: YMIR Exlporer, YMIR Scan, YMIR Wallet and other infrastructure.

There are also a series of third-party application ecosystems, involving YMIR cross-chain decentralized exchange YmirSwap, YMIR stablecoin and affiliate derivatives, YMIR social DeFi platform, YMIR guessing and game platform, YMIR decentralized lending, MIR stock trading, etc.

The incentive token of YMIR Main Network is YMIR, in which the founding community: 10%, the technical team: 5%, the YM Foundation: 5%, and the Network mining: 80%. According to the mining rules, each block will produce 1 YMIR (every 3S block), and the annual output is expected to be 1,0512,000 YMIR. After that, output from each block will decline by 20% each year until full output is reached.

Mining allocation: 20% is allocated to all consensus holders according to the YMIR weight, and 80% is all mined by computing power.

YMIR creation yuan decentralized financial system from constructing chain blocks in the underlying protocol, working to develop a kind of based on block chain, security, the next generation of powerful global computer application level block chain, build a new decentralized public cloud computing service, and puts forward to establish a can find and verify the financial data of real world, Creating a highly available, rapidly reusable, agile and iterative blockchain architecture that is fully compatible with Ethereum will enable the full decentralization of the entire YMIR system and seamless integration of Ethereum's underlying development and Defi products into the YMIR ecosystem.

Next, YMIR will focus on the development of blockchain computing power, and will respectively add China, Russia, Ukraine, Myanmar and other places. In terms of node sharing plan, we will step up efforts to fully open global nodes and provide more support for the blockchain industry and global blockchain companies. YMIR will become the most disruptive innovation and the biggest dark horse in the blockchain industry. More firmly believe that the future of blockchain must be the implementation of technology and commercial innovation, which also belongs to YMIR Main Network.