Yearn.finance (YFI) is an Ethereum token that governs the Yearn.finance platform.
Yearn Finance was launched by
in early 2020. Cronje is a South African entrepreneur and software developer.
The platform is a yield optimizer that moves funds around the decentralized finance (“defi”) ecosystem in an effort to generate a high return.
YFI is the governance token of the Yearn.Finance platform. The YFI holders have the right to vote on various proposals and user rules that govern the Yearn.Finance platform.
The YFI tokens can’t be mined, but users can earn YFI tokens by staking funds into the Balancer protocol of the project.
There are a total number of 36.6K YFI tokens circulating in the market. This is 100% of the total supply of the tokens.
is a yield farming platform with an intuitive interface.
is a process of
to earn interest as passive income.
Yearn Finance is a
decentralized finance (DeFi)
tool that aims to optimize yield to generate a higher return