Yield smart contracts (YSM)

Created to generate income from exchanges for DEX.

Yield smart contracts (YSM) are smart contracts aimed at income generation from exchange made on DEX. YSM provide PPM with liquidity through internal turnover. Every YSC works based on certain rules. At the start of the project in the first stage, YSC is still a little centralized. For maximum user protection, there will be gradual YSC evolution.

In the second stage, these will be manage-driven smart contracts with the right to perform predetermined operations. The third stage will integrate Relay and Autotask. In the next stages, the management of YSC may be transferred to the community (DAO).

YSC maintain statistics and disclose all information on the flow of funds.

Distribution of income

First-stage evolution YSC (centralized)
Liquidity for virtual mining	50%
Ermine fee	1%
YSC income	49%
Second-stage evolution YSC (hybrid)
Liquidity for virtual mining	60%
Ermine fee	1%
YSC income	39%
Further evolution stages YSC (decentralized)
Liquidity for virtual mining	90%
Ermine fee	10%

If YSC fails to get income or the operating income is lower than desired, operations of this YSC may be delegated to another YSC, or its funds may be distributed among other YSCs. In this case, YSC remains without profit, and Ermine fee is not charged. The main rule of any YSC is to make exchanges only in allowed trading pairs. If the rule is violated, funds are withdrawn to the treasury from such YSC.