20, according to TokenSets, an asset management platform. In fact, every other token in DPI is down at least 18.29% on the month as of Dec. It has a circulating supply of 31,632 YFI with a total. yearn.finance price needs to rise 1125.90 to reach a new all-time-high.

yearn.finance all-time high is 90,787.00. YFI price is down -1.25 in the last 24 hours. At the end of August, YFI market cap reached 1 billion, and the price came close to 40,000. The current yearn.finance price is 7,405.74 with a 24-hour trading volume of 24.16M. In a couple of days, the price of YFI doubled to 12,800 point. On 10th August, the token rate increased to 6,500 due to the listing on Binance exchange.

YFI is up a more humble 14.62% on the month, but is the only token with positive movement in that timeframe among all the constituents of the DeFi Pulse Index, DeFi’s top index in market cap terms. In a week since launch, the YFI coin has grown from 34 to 4,500. Yearn makes money through a 2% management fee, taken as a percentage of a users’ deposited assets and 20% performance fee, taken against the yield generated by a particular vault. At a high level this means that users will be able to stake their yTokens, which represent deposits in Yearn vaults, earning further YFI according to how much veYFI they hold.Ī fourth and final aspect of the proposal involves “useful work features,” which the writeup says will expand the duties and responsibilities of veYFI voters and their locked YFI in exchange for further protocol rewards.

The third element, building upon the first two, is a gauge system. A visualization of Yearn Finance under the proposed changes.

Yfi market cap