So I have been investing pretty heavily into many different cryptos the past year. Trying to stay abreast of what is happening has becoming a real chore, I have notebooks, laptop spreadsheets, and lots of wallets. For those that haven't bought into crypto, I tell them that when I was younger we used cash only to make purchases, as I got older everyone started to use credit, debit, and cash cards. Crypto is the next evolution of this. Currencies are expensive to manufacture, and in the future everything will be paid by the use of your cellular phone.
As I have been learning about crypto, defi markets and NFT I have noticed that that some areas have an unlimited number of tokens. The supply of tokens will play an intricate part in the value of cryptos.
Yearn's strategy is to move funds around in order to generate the highest returns. It does this through governance or voting, if a strategy isn't generating enough return they will change it using community controlled methods. Using this strategy it has built value, like a stock that is building equity. As long as crypto continue to be used then Yearn will continue to rise.
By limited the number of tokens to just 30,000, Yearn tokens skyrocketed almost 4000% in a very short period of time. And if you interpolate the graph below they are on target for Market Cap of $1.5 Billion.
Yearn Finance has a winning strategy, has a limited number of tokens available, and is poised to continue to go up.
Investing is risky, these are my opinions only, Educate yourself before investing an any investment.
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