Yearn or YFI is the governance token of DeFi project yearn.finance, a yield farming protocol based on Etehreum. Yearn.Finance was launched by Anders Cronje in 2020 and offers a selection of financial services. The main service is automated yield farming, that invests the depositor’s assets into the highest yield returning projects. Yearn.finance also offers insurance among other products and is under constant development.
YFI News Ticker
Nov 16 2020 Top 5 Most Attractive DeFi/NFT Investments
Sep 01 2020 yearn.finance to offer ETH deposits
Aug 31 2020 Can YFI reach $1,000,000?
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Disclaimer: The authors of this website may have invested in crypto currencies themselves. They are not financial advisors and only express their opinions. Anyone considering investing in crypto currencies should be well informed about these high-risk assets.
Trading with financial products, especially with CFDs involves a high level of risk and is therefore not suitable for security-conscious investors. CFDs are complex instruments and carry a high risk of losing money quickly through leverage. Be aware that most private Investors lose money, if they decide to trade CFDs. Any type of trading and speculation in financial products that can produce an unusually high return is also associated with increased risk to lose money. Note that past gains are no guarantee of positive results in the future.
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