As we continue our support for DeFi projects, we’re excited to add yearn.finance (YFI) to Poloniex today! YFI follows our recent DeFi listings of STAKE, COMP, cUSDT, LEND, BAL, LRC, REN, BZRX, and MTA.
What is yearn.finance?
yearn.finance is a yield aggregator for lending platforms (like dydx, Aave, and Compound) that aims to optimize earnings autonomously for users. yearn.finance released YFI, the reward and governance token of yearn.finance, on July 17, 2020. The first pool yearn.finance has added is for curve.fi/y LPs who supply via yearn.finance. Users can earn YFI by providing liquidity to curve.fi/y which uses the yearn.finance protocol for profit switching. By providing liquidity and staking YFI, users can also earn yCRV tokens, which will be redeemable for Curve (CRV) tokens as soon as it launches. Deposit YFI now and get ready for trading.
Market Cap: $9,499,069
Market Rank: #318
24h Trading Volume: $9,809,170
7d Low / 7d High: $31.65 / $2,374.17
All Time High: $2,374.17 (July 19, 2020)
All Time Low: $31.65 (July 18, 2020)
Circulating Supply: 10,696 YFI