Yearn.finance is an aggregator service for decentralized finance (DeFi) investors, using automation to allow them to maximize profits from yield farming.
It's easy for young investors because interact in a less committal manner than serious traders.
Launched in February 2020, the service, formerly known as iEarn, has seen huge growth in recent months as new products debuted and developers released in-house token YFI.
Yearn.finance in-house token YFI has a fixed supply of 30,000 coins. There was no premine upon launch in July 2020, and developers did not receive any starting funds: the total supply at launch was 0 YFI, since then, the majority of the capped supply has entered circulation, and the success of the token is reflected in its all-time high price of $41,000, which it hit in mid-September 2020. YFI was also the first cryptocurrency to become worth more than Bitcoin (BTC) per unit.
At the moment I'm writing that article the price is at 20.417'82€ on my Coinbase wallet.
Do you think that it'll increase during the end of the year?
Thanks for reading & don't hesitate in follow me ⚡
My Coinbase: coinbase.com/join/surez%20_ki?src=android-link
Get free Compounds: https://coinbase.com/earn/comp/invite/pczdrtw2
Get free Bands: https://coinbase.com/earn/band/invite/hmpcy2rw
Get free Stellars: https://coinbase.com/earn/xlm/invite/py716qhn
My Lbry channel: https://lbry.tv/@Misssuarez#1
