"text": "The credit goes to traders. While Yearn Finance (YFI) is expected to make another attempt at reaching a new all-time high, a short-term drop is expected before the upward move resumes. It is akin to a crypto hedge fund where the aim is to increase the amount of assets that users deposited. "@type": "Question", Read beginner-friendly guides & articles. Currently, it's down -89.89% since its record high. Binance custody partner clarifies Singapore licensing plans, Hong Kong citizens not interested in digital yuan: Reports, Crypto donations amplify speed and global reach during crisis, Decentralized storage platform introduces perpetual storage and community satellites, Ethereum eyes 25% correction in March, but ETH price bulls have a silver lining. ", yearn.finance is on the rise this week. Later on, it collaborated with Curve Finance to release a yield-bearing USD tokens pool that includes four y-tokens: yDAI, yUSDT, yUSDC and yTUSD, it is named as yUSD. You can find others listed on our crypto exchanges page. A Greed reading suggests that investors are currently optimistic about the cryptocurrency market, but can also be an indication that the market is overvalued. The current CoinMarketCap ranking is #427, with a live market cap of $51,458,032 USD. The platforms aim is to make the DeFi space more accessible to non-technical investors or those who prefer less involvement than professional traders. Other popular options include Binance and Coinbase Exchange. For more details, please refer to Clause 12.2 of our privacy policy and Clause 5.2 in our terms of use. You will receive an email with instructions for how to confirm your email address in a few minutes. 0.5 yfi = 3846.36 USD; Ad Buy YFI. More popular as the token YFI, Yearn Finance has a growing fan following with an objective to maximize annual percentage yields and is also renowned as APY for its prestigious users. Yearn Finance debuted the vault feature after its token launch, igniting a frenzy on automated yield farming and is considered the initiator of the category of yield farming aggregator. Compliant exchanges also give you the facility of directly trading YFI DeFi token for fiat assets like USD, EUR, GBP, etc or other cryptocurrencies on many exchanges. Maximum price $3951, minimum price $3087. However, Yearn Finance (YFI) has an all-time high value of $43,678 that is higher than Bitcoin's at $42k. LaLiga Names Divi Official Crypto Wallet for MENA, SEA, & China, in Worlds First for a Football League. However, Yearn Finance lost its value by 70% in the recent bearish events. All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (Site) is for your general information only, procured from third party sources. To cut potential losses, you can invest in Yearn Finance as a group. All Time Low / All Time High $739.43 / $93435.53: Yearn.finance Converter. Even on the volume side, there has been a rise, in part thanks to the listing on the Binance exchange through which many people now have access to the token, as before it could only be recovered in certain pools. Disclaimer: Cryptocurrency trading carries a high level of risk and may not be suitable for all investors. In that regard, YFI/BTC would still be acting inside the accumulation range until Bitcoin starts to consolidate, and more money flows into altcoins. Launched in February 2020, Yearn.Finance is an aggregator service for decentralised finance markets. Our most recent articles about yearn.finance: 2023 CoinMarketCap. Feb. 24, 2023, 03:35 AM Yearn Finance's native YFI token surged by as much as 39% in the week through Friday and trading volume soared almost fivefold as developers said they will soon. YFI initiated the first community-fair-launched token distribution, giving out 30,000 tokens to early protocols users by a surprise yield farming announcement back in 17-July-2020. It soared by 30% in the last 12 hours from $14,017 to $18,169, entering price discovery. yearn.finance is up 2.90% in the last 24 hours. *Chainlist is 3rd party site. Digital Coin Price, In the beginning of December 2023, the YFI token will be priced at $3951. YFI has been displaying high volatility recently the 1-month volatility of the coin is at 11.28. yearn.finance recorded 16 green days in the last 30 days. The live yearn.finance price today is $9,424.60 USD with a 24-hour trading volume of $120,193,830 USD. Lets take a look at the cryptocurrency price predictions by which traders can make a proper decision to buy Yearn Finance. It has a market cap rank of 140 with a circulating supply of 32,777 and max supply of 36,666. yearn.finance is traded on exchanges. It soared by 30% in the last 12 hours from $14,017 to $18,169, entering. These reserves are sent to different protocols that offer the best rates of return including Compound, Aave, dYdX. The most popular exchange to buy and trade yearn.finance is Tidex, where the most active trading pair YFI/USDT has a trading volume of $12,097,176.11 in the last 24 hours. YFI is a governance token issued by the platform yEarn.finance, a liquidity aggregator that offers the automation of yield farming strategy via lending pools. var t = document.querySelector('#widget') YFI Price Performance USD YFI Price Information 24h Low & High Akropolis joined as its institutional service provider for yVaults and upcoming lending products. var plc561278 = window.plc561278 || 0; The resource performs different functions for DeFi users as it moves their digital assets into the liquidity pools and then moves them out when it finds the best yields. Yearn Finance (YFI) Climbs 16% Despite Crypto Bloodbath Elsewhere by Yashu Gola 2 years ago yearn.finance has been displaying a positive trend recently, as the coin gained 41.70% in the last 30-days. YFI had been following a descending resistance line since reaching an all-time high price of $43,966 on Sept. 12, 2020. "text": "One can say Yes and No. It is possible to table the proposals to the yearn.finance ecosystem only if 33% of YFI token holders agree to do so. YFI is a good investment option in the crypto market. Made with in Minnesota and Massachusetts, Update tracking preferencesTerms | Privacy, yEarn.finance is a DeFi lending protocol built on Ethereum. He also has positions at smart contract ecosystem Fantom and CryptoBriefing, a resource dedicated to initial coin offerings (ICOs) and crypto media. You can access your watchlist via PC, Tablet or Phone, and monitor your portfolio holdings and performance everywhere. interface that offers two-way conversions from YFI to WUFFY at a ratio of 1 to 1,000,000. The largest part of this procedure is actually occurring on Curve, an automatic market maker that became known to all after the release of the COMP governance token. The sentiment in the yearn.finance markets is currently Neutral, and the Fear & Greed index is reading Neutral. While I'm not providing financial advice, I'm giving you the tools to help you succeed in your own responsible decisions.Daily Videos About Major Altcoins Trends, Bitcoin, Ethereum, XRP, Ada, BNB, Solana, Bitcoin Cash, BNB, Zcash, Your Favorite Altcoin, Crypto Adoption, Altseason, Blockchain, NFTs, And Many More Latest Cryptocurrency News And Chart AnalysisFollow Mr Legend Crypto on Social Media For More UpdatesTwitter - https://twitter.com/mrlegendcryptoFacebook - https://www.facebook.com/mrlegendcryptoTelegram - https://t.me/mrlegendcryptoTikTok: https://tiktok.com/@mrlegendcryptoFor Adverts And Sponsorship Contact - MrLegendTvShow@gmail.comThank you for watching this videoDont forget to like this videoDrop a comment to tell us what you think Why These Famous Crypto Traders Remain Bearish, Brazils Nubank Extends Nucoin-Based Crypto Loyalty Initiative to 70M Customers, Binance Attempts to Reenter Singapore Crypto Market After Trading Interruption Last Year, Arbitrum DEX ArbiSwap Allegedly Rug-Pulling its Own Users, Claims Security Agency, Offshoring Crypto Hurts US Financial System Laments Coinbase CEO, Crypto Price Predictions, March 2023: Altcoins Are About to Take a Wild Turn, Top 10 Telegram Channels for Crypto Signals in 2023, Navigating Crypto Taxes Made Easy & Cheap: Meet Cryptiony, Binance Accused of Malpractices Similar to FTX. Though the creator of yEarn called the asset a completely valueless 0 supply token, the token immediately bounced up after its launch having exceeded Bitcoins price in just a month. So, what is the future of Yearn Finance? If this sudden huge interest in this type of token turns out to be only a temporary trend, many of the gains made in the last few days could sooner or later be lost. "text": "Yes Indeed. All said and done; the YFI trend has been quite aggressive, leading to a very optimistic path. "acceptedAnswer": { This is a statistical representation of the maximum market cap, assuming the maximum number of 37 Thousand YFI tokens are in circulation today. But the lure of getting early access to tokens that might go up rapidly in price is attracting tons of speculators. Yearn.Finance YFI is an ERC-20 token that governs the Yearn.finance platform. Ive recently discussed the Fibonacci extension tool as a magnificent indicator to use for further projections of price movements. yearn.finance is +2.4% in the last 24 hours. Yearn Finance Merges or Collaborates with Several DeFi Projects YFI to USD price is updated in real-time. At the time of writing, Yearn Finance is worth around $75,175 - a record breaking high. YFI would have to increase by 9.09% to hit our $11,181 target within the next five days. Other than simple yield farming, Yearn Finance also released a product named delegated vault. Yearn Finance price at crossroads Yearn Finance price has been forming higher highs and higher lows for more than 100 days. Its creator Andre Cronje spent 42,467 USD on its development and double that sum on hosting and audits. YFI Token Price Prediction 2029 Irrespective of its adoption in the cryptocurrency market, the Yearn Finance price will tend to face heat till 2029. Are you watching the movement of YFI on the exchange meticulously? During the last 30 days,. You could pay as little as $76,249.39 and as much as $81,014.98 for it, with an average price of $78,155.62. What Is Yearn.Finance (YFI)?Yearn.finance is an aggregator service for decentralized finance (DeFi) investors, using automation to allow them to maximize profits from yield farming.Its goal is to simplify the ever-expanding DeFi space for investors who are not technically minded or who wish to 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 (YFI) Path To New All Time High. What is the all-time low for yearn.finance (YFI)? yearn.finance is up 7.64% today against the US Dollar, yearn.finance is currently trading 8.43% below our prediction on Mar 07, 2023, yearn.finance gained 41.70% in the last month and is down -52.00% since 1 year ago. However, the current resistance is the final hurdle before this level can be broken. However, one of the biggest gainers in recent days is Yearn.finance (YFI), which is approaching its own all-time high at $47,000, and whose rally is also being boosted by the launch of a new upgrade, namely v2 Vaults. All rights reserved, We use cookies to offer you a better browsing experience, analyze site traffic, personalize content, and serve targeted advertisements. These areas are determined through the 1.618 Fibonacci level, with $66,000 being the most pivotal area. "@type": "Answer", This is the first project on Ethereum with the governance control handed over to its token holders. Born in 1975, Marco has been the first to talk about Bitcoin on YouTube in Italy. It has rocketed in value since the start of the year, up by over . In 2021, Yearn Finance continues to solidify its position as the gold standard for yield aggregator in which it managed to hit an all-time high of $91,000 on May 12th, 2021 alongside with the peak of the cryptocurrency markets. His reviews written for Crypto Briefing contributed to his popularity. He is vocal on Twitter with his ethos of fair token launch and having a bias on launching experimental projects before audits, which gave birth to one of the DeFi main activities Aping. Adding yearn.finance (YFI) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. It acts as an incentive to attract users to use the protocol while generating hype, giving out part of its native tokens. Win a CryptoPunk. "name": "How does YFI gain value in the market? DeFi protocols need to bootstrap capital to provide liquidity for exchanges, lend to borrowers, underwrite insurance risk, etc. The reward tokens are mined by moving the funds from one asset to another in case it is more profitable. Suggested Currencies. Yearn Finance v2 was launched on 19 January 2021. Currently, yearn.finance is trading below the SMA 50 trendline, which is a bearish signal. Funds are shifted between dYdX, AAVE, and Compound automatically as interest rates change between these protocols. You need to do your own due diligence before trading or investing in Yearn Finance. yearn.finance Gained 41.70% in Last Month and is Predicted to Reach $11,181 By Mar 07, 2023. A short-term correction is expected to occur before making a new high. Keep track of your holdings and explore over 10,000 cryptocurrencies. Kava.io . One can say Yes and No. Everything there is to know, Crypto analysis: Cardano (ADA), Pi (PI) and Akira (AKR), Dash, Cronos and Solana crypto assets on the upswing, Crypto news and price analysis of The Graph and Litecoin, 2023 CMC Crypto Playbook: Centralized vs. In part, that's because there are so few YFI tokens in existence; the protocol minted just 30,000 of them and can't mint any more. The live yearn.finance price today is $10,079.35 USD with a 24-hour trading volume of $155,888,238 USD. Source: TradingView.com. It serves DeFi investors by automating yield farming for maximum returns. Convert Yearn.finance (YFI) to US Dollar and get real-time data from leading cryptocurrency exchanges. Discover everything you need to know with Alexandria, CoinMarketCaps dedicated education resource. In addition, the YFI price is capable of getting a maximum level of $15,925.77. DAI, USDC, USDT, & TUSD are also moved among multiple supported DeFi protocols like Compound, Aave, dYdX, and Curve, on the basis of which asset pool is offering the highest yield. Yearn Finance ( YFI) is approaching its all-time high price resistance at $43,500, a level that hasn't been tested since September 2020. Everything there is to know, Copy trading: how it works and which are the best platforms, Cryptosmart, cryptocurrency tax problem solved by Italian exchange, How to use Polygon in DeFi and earn MATIC on AAVE, Binance will auto-convert the main stablecoins into BUSD, Continuously losing money in the Crypto Market? Interested to stay up-to-date with cryptocurrencies? Worth mentioning is that the above entire eco-space of DeFi by Yearn is managed efficiently and effectively. TWD New Taiwan Dollar. When the price hits the target price, an alert will be sent to you via browser notification. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply. Aping basically means buying the tokens the moment it launches in Ethereum mainnet before fully knowing the function of the tokens. He founded ilBitcoin.news and the Facebook group" Bitcoin Italia (open and without scam) ". It has a circulating supply of 36.6 thousand YFI coins and is ranked #118, current Yearn.finance market cap is $279.3 million. window.binanceFiatWidget.Widget(t, { With only 36,000 tokens in circulation, its total market capitalization is still less than $3 billion, which is not even enough to enter the top 50 cryptocurrencies by market cap, but the 23% increase in the last 24 hours alone makes it one of the best performing cryptocurrencies today. Confirming the math, Yearn Finance has a maximum supply of 30,000 YFI compared to Bitcoin's 21 Million. Today's yearn.finance price is $9,311, which is down 1% over the last 24 hours. Well be going through key moving averages and oscillators that will allow us to get a better idea of how yearn.finance is positioned in the market right now. yearn.finance price equal to $7465 as of now, but your current investment may be devalued in the future as per our YFI token price prediction. Yearn Finance (YFI) started the year strong, with bulls taking the lead for almost two weeks straight. 1 Yearn.finance = 7692.72 USD. Yearn.finance is a DeFi protocol that offers some of the highest annual percentage yields compared to various DeFi protocols. All in all, Yearn is a simple tool to maximize yields. Altcoin All-time high for Yearn Finance (YFI) at $90,000 By Marco Cavicchioli - 12 May 2021 Today, the price of the Yearn Finance (YFI) token hit a new all-time high of $90,000. And the YFI token might hit the maximum price level of $21,110. yearn.finance Gained 41.70% in Last Month and is Predicted to Reach $ 11,181 By Mar 07, 2023. But there will be something very sexy in the future.. At 1.40-1.65 BTC, the resistance zone is the critical resistance to break and could be classified as the accumulation range high. To receive alerts, please allow web browser notification permission. Technical indicators are relatively bullish. At the time of writing, YFI was creating a swing low at $33,187. document.write('
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