DeFi platforms, which brought a new breath to the banking and finance industry, grew day by day and met new investors. Yearn Finance is an interface on the DeFi platform that simplifies the use of complex DeFi, especially for new users. The Yearn Finance system automatically calculates the income and transaction fees you will earn from the project you are in.

Yearn finance can be used to optimize your token loans like Aavei Compound, Dydx and Fulcrum in the decentralized ecosystem. With Yearn Finance, your assets are automatically relocated to bring the most profit.

Andre Cronje

The YFI coin is the ERC-20 token that grants the Yearn Finance ecosystem management authority. The Yearn Finance protocol distributes YFI coin to liquidity providers (SLPs). Liquidity pools such as Aave, Compound, Dydx, and Fulcrum use the YFI coin for voting, not as a medium of exchange.

It is possible to come across many statements by Andre Cronje, the developer of Yearn Finance, that the YFI coin is worthless and should not be traded on exchanges. But investors still preferred to invest in YFI coin.

According to Andre Cronje, the biggest supporters of YFI coin are not YFI coin buyers, but Yearn finance protocol users. Cronje always recommends to earn using the protocol instead of buying the YFI coin.

Latest Status on YFI Price

yearn.finance price today is $36.208.34 USD, 24-hour trading volume is $509.136,670 USD. We update our YFI/USD prices in real time. yearn.finance has dropped percentage in the last 24 hours. Current CoinMarketCap rank is #81, market cap is $1,326,591,090 USD. The circulating supply is 36,638 YFI coins and is maxed out. 36,666 YFI coins. The largest exchanges currently traded with yearn.finance are Binance, OKEx, CoinFLEX, CoinTiger, and . You can find other exchanges that make listings.