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  • Q. What are the sources of revenue?
  • Q. YRP/YRS will increase in value because you will direct revenue to the base pools? (therefore increasing the backing?) What is the method of Value Capture?
  • Q. Why would a business want to use YRP as a loyalty points system for their customers?
  1. Yours WEB
  2. Yours Credit

Q&A

Q. What are the sources of revenue?

The sources of protocol revenue are mainly marketplace fees, point issuance fees, asset pool management, and asset pool cashing fees. Initially, the main profit comes from asset management, and then marketplace and point issuance fees gradually increase.

Q. YRP/YRS will increase in value because you will direct revenue to the base pools? (therefore increasing the backing?) What is the method of Value Capture?

As profits are passed on to $YRS stakers, $YRS becomes more and more valuable. Profits will most likely be distributed in mainnet tokens or USDT. Additionally, we plan to continue adding functions that can utilize or burn $YRS internally.

  1. The value of $YRS is maintained in the short term by backing.

  2. In the long term, the value increases due to the governance and cash flow that will be provided to $YRS stakers.

  3. We are considering providing some of the protocol revenue to stakers and allowing some to be shared with partners or teams in the future.

Q. Why would a business want to use YRP as a loyalty points system for their customers?

The companies we are currently discussing are more interested in liquidating the loyalty systems they already have, especially tokenized loyalty systems, rather than a 'better loyalty point system'. These utility tokens generally have uses already established by companies, and can also be used as a loyalty system for users.

  1. We are conducting BD that includes a service to cash out these tokens. Through a technical partnership with Blockwave Labs (parent company), these tokens are cashed out at a specified price, or some of them are converted into stable coins and points equivalent to the value are issued.

  2. We believe there is a lot of corporate demand for services like this in the current market, and we are actually conducting sales to game companies in Korea. Finished one deal with LoadComplete, the gaming company in South Korea, this week.

  3. In the long term, the goal is to use points to more conveniently cash out loyalty and utility tokens from Web 2 and Web 3. Also providing more places to use the points or those loyalty rewards.

  4. In addition to easy cashing out for partners, we plan to consider incentives such as YRP payback for a portion of the commission in the future.

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Last updated 1 year ago