youves is a decentralised, self-governing and non-custodial platform that allows users to create and manage synthetic assets that are secured by eligible collateral. The platform and its smart contracts are built on the Tezos blockchain.
One way to participate on youves is by becoming a minter. Minters can create new synthetic assets by posting and locking their eligible collateral in a vault. The first type of synthetic assets on youves are called youves tracker tokens.These tokens can be sold or transferred to other people or parties. You can see the available assets here.
Minters can take advantage of or leverage their youves tracker tokens to increase their exposure to certain cryptocurrencies by selling them against those cryptocurrencies. Holders of the youves tracker tokens can diversify their volatile crypto currency holdings without having to deal with fiat currency.
Holders of synthetic assets can earn passive income. These assets represent new, transparent assets on the blockchain.
The platform is self-governing, and users can participate in the governance process by voting with their staked YOU governance tokens. Users can share ideas and propose improvements through the youves governance forum. This forum is a space for the community to collaborate and contribute to the development of the platform.