YELLOW

What is Yellow? Yellow builds the Yellow Network Protocol and issues the $YELLOW token. The protocol is a clearing and settlement layer for crypto trading. Brokers, trading apps, liquidity providers and automated trading agents clear trades with each other off-chain in real time, then settle on Ethereum. Trading happens inside state channels. Every update is co-signed by the participants, so a balance changes only with their signatures, and the latest signed state can always be settled on chain. Participants keep custody of their funds throughout. Node operators run the network. They route liquidity between participants and handle the chain-specific work across supported networks. The Yellow SDK lets developers build on the protocol without running channel infrastructure themselves. It handles channel management, liquidity routing and settlement, so teams can focus on the trading venue, brokerage app or trading agent they are building. The $YELLOW token $YELLOW is the utility token of the Yellow Network Protocol. It is an ERC-20 token on Ethereum with a fixed maximum supply of 10,000,000,000. There is no inflation and no algorithmic supply adjustment. $YELLOW is designed to be used to: * pay protocol fees * activate and operate network roles, such as node operators and brokers * take part in governance, which will be introduced in phases $YELLOW grants no ownership, equity, dividends or claim on company assets. Its role is operational, within the protocol.