Tag Archives: Yearn Finance

Andre Cronje, the founder of the popular Yearn Finance protocol and its governance token YFI, deployed another ‘experimental’ contract yesterday. Expectedly, a lot of people bought the token despite Cronje’s warnings, and most of them ended up losing money. One investor, in particular, put in 1000 ETH in the token, and his stash is currently worth about 80 ETH. Regardless, a lot of prominent commentators and industry experts have spoken out that, at some point, it becomes...

Yearn Finance has become the hottest thing in DeFi over the past couple of months when it introduced high yielding liquidity vaults boasting three-figure annual returns.Since then, liquidity has fallen back, and collateral has been shifted to better yielding pools resulting in a slump in earnings. According to Defipulse.com, Yearn liquidity has fallen 26% over the past 30 days.The best example of this is the yETH vault, which, when launched, promised over 90% APY in ETH for those that...

6 neue DeFi Token wurden zu Bitpanda (Gutschein für Neuanmeldung unten im Artikel) hinzugefügt: Du kannst ab sofort UNI, YFI, SNX, DOT, COMP und MKR bei Bitpanda kaufen, verkaufen und swappen!Zusätzlich feiert Bitpanda das Listing dieser DeFi Token mit dem bisher grössten Giveaway, bei dem jeder verifizierte Bitpanda User einen Teil des riesigen Gesamtpreises von 55’000 Euro gewinnen kann! Bitpanda schreibt im Newsletter und Blogpost an die Kunden: Bei Bitpanda legen wir großen Wert darauf,...

Have you heard about Yearn Finance’s YFI token? It acts as a governance token for its decentralized finance platform.It broke Bitcoin’s record of the all-time high in terms of USD prices. The YFI token attained highs of over $38,000 in August and even peaked above $43,000 in mid-September 2020.Do you know what’s the difference between the YFI project and other majority governance tokens in DeFi? Scarcity! Yes, there’s a very limited supply of YFI tokens. The maximum supply can never exceed...

Bitcoin has taken another swing at the previous 2020 high of $10,500 and currently trades above it. Ethereum nears $400, while the top 10 tokens see a few rotations, including Polkadot and Binance Coin.DeFi tokens are booming again with Yearn.Finance marking a new all-time high of about $44,000.Bitcoin Progresses SteadilyThe primary cryptocurrency traded in a tight range between $10,280 and $10,360 yesterday. However, the bulls decided to act and increased Bitcoin’s price firstly to $10,480...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 967. Im heutigen Video geht’s um folgende Themen: Bitcoin Nachfrage steigt weiter an, DeFi User macht 250k aus $200 & 3 Nationen führen bald staatliche Kryptowährungen ein. 1.) Bitcoin Nachfrage steigt weiter an – Grayscale erklärt wiesohttps://cryptomonday.de/bitcoin-nachfrage-steigt-weiter-an-grayscale-erklaert-wieso/ 2.) User von DeFi-Plattform macht aus 200 US-Dollar 250.000...

The events of the past seven days took a turn for the worst throughout the entire cryptocurrency market. Bitcoin started the week trading at around $11,500 and managed to advance to a peak of around $12,050 a few days later.And that’s when it went downhill.In less than two days, BTC lost around $1,500 of its value, bringing the price down to its current level of $10,500. However, the primary cryptocurrency spiked to a low of $9,875 on Binance before recovering, taking all large-cap altcoins...

YFI has undoubtedly been the best performing cryptocurrency of the past month in terms of pricing.The governance token of Yearn Finance was announced on July 17th by Andre Cronje and has since taken off in a way no one probably expected.What started as a “0 value” token is currently trading at around $36,000 and has become the first altcoin since 2016 to flip Bitcoin’s dollar value. Now, the world’s leading cryptocurrency exchange, Binance, has launched YFI futures contracts, allowing traders...

Bitcoin seems stable after recovering from its drop to $11,100 and trades above $11,500. However, massive gains are evident among lower-cap alts and DeFi tokens, including YFI that doubled BTC’s all-time high. As such, Bitcoin’s dominance over the market has decreased by over 1%.YFI To $40k, Low-Caps SurgingIt’s no secret that the DeFi sector has been cryptocurrency’s hottest topic recently.YFI’s fork, which recently rebranded its name from YFII Finance to DFI.Money is the clear leader in...

Yearn Finance is undoubtedly all the rage in the cryptocurrency field right now. Up just shy of 80% in the past 24 hours, it peaked at almost $39,000 on Binance.Now, industry proponents such as the CEO of one of the world’s largest Bitcoin margin trading exchanges are making bold predictions about its price.Arthur Hayes: YFI to $100,000YFI is the governance token of the yield aggregating platform Yearn Finance. Launched in late July, the protocol attracted countless investors looking for...