Analysts predict Yearn Finance’s ETH vault could spark renewed Ether bull run
Excitement for Yearn Finance’s yETH vault has reached a fever pitch after rumors of the product’s release circulated on Twitter. Go to Source Powered by WPeMatico
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Total Value Locked in Defi Jumped 85% in August, $8 Billion in Assets Held
A lot has changed during the last month, as the popular decentralized finance (defi) ecosystem has swelled considerably in value. Since the first week of August, the total value locked in defi jumped over 85% in 27 days from $4.2 billion to $7.88 billion on August 30. The total value locked (TVL) in the decentralized … Read more
YFI price soars to $38.8K hitting $1B market cap — can it go higher?
Yearn.finance’s YFI token achieved a new record high at $38,883, as its market capitalization surpassed $1 billion. Go to Source Powered by WPeMatico
Defi Project Yearn Finance Smashes Records as Native Token Surpasses $30K
The decentralized finance (defi) crypto asset tied to the Yearn Finance project has smashed records this week, as the coin touched a high of $30,324 on Saturday evening. Yearn’s token YFI has been recently added to the Aave platform and the project’s founder, Andre Cronje, is currently talking about collaborating with the exchange FTX. Yearn … Read more
Yearn Finance Token Jumps 270% in 5 Days – Defi Token YFI Worth More Than a Single Bitcoin
Decentralized finance (defi) continues to make waves this week, as the Yearn Finance project token (YFI) jumped over 270% during the last five days. The digital token is worth more per coin than the price of bitcoin today, as the asset is currently trading for $15,934 per YFI. It’s very rare to see another token … Read more
Defi Project Yam Finance Sees Over $500M Locked in 24 Hours, Devs Reveal Contract Bug
A new yield farming project is all the rage this week, as the Yam Finance project saw over $460 million dollars locked into the platform in 17 hours on Tuesday. On social media and crypto-focused forums, people have been very skeptical of the Yam Finance project as the code has not been audited. On Wednesday … Read more
As DeFi Booms, Yearn Finance (YFI) Shifts 100% of Token Supply to Users
The DeFi sector recently achieved a record $4.23 billion in total value locked, so why did Yearn Finance distribute its full token supply to its users? Go to Source Powered by WPeMatico
Y Curve Interest Rates Reach 2,000%, Assets Under Management Grows Tenfold After Token Launch
Depositors to the Y Curve decentralized finance (defi) pool received as much as 2,000% in interest this Saturday and about 600% (annualized) for the entire day. Before this increase, liquidity providers had been earning an aggregate rate of 10.58%. The latest interest rate growth follows Yearn Finance’s release of a YFI token to govern the … Read more
