what is yfii crypto

Last Updated on April 19, 2022 by

DFI.Money (YFII) – Coinbase Help

DFI.Money (YFII) – Coinbase Help

Money (YFII) is an Ethereum token that governs the DFI. Money platform. The platform is a fork of Yearn. finance and acts as a yield optimizer for tokens deposited to the platform.

DFI.Money (YFII) Price, Charts, and News | Coinbase

DFI.Money (YFII) Price, Charts, and News | Coinbase

DFI.Money (YFII) is an Ethereum token that governs the DFI.Money platform. The platform is a fork of Yearn.finance and acts as a yield …

DFI.Money price today, YFII to USD live, marketcap and chart

DFI.Money price today, YFII to USD live, marketcap and chart

The live DFI.Money price today is $1,035.02 USD with a 24-hour trading volume of $217,544,305 USD. We update our YFII to USD price in real-time. DFI …

DFI.money (YFII) Coin – Everything You Need to Know by …

DFI.money (YFII) Coin – Everything You Need to Know by …

DFI.money (YFII) is a cryptocurrency that aims at upgrading and enhancing the returns experienced by DeFi investors. It is also known as YFII that is …

What is DFI.Money (YFII) | What is YFII token – Morioh

What is DFI.Money (YFII) | What is YFII token – Morioh

DFI.MONEY, also known as YFII, is a fork of popular decentralized finance (DeFi) aggregator platform yearn.finance (YFI). Launched in July 2020, …

DFI.money Price in USD: YFII Live Price Chart & News

DFI.money Price in USD: YFII Live Price Chart & News

How does DFI.Money work? YFII is a yield aggregator for cryptocurrency assets that aims to achieve the highest yield using a set of yield farming strategies.

YFII Yield Farming – the controversial $YFI fork – Boxmining

YFII Yield Farming – the controversial $YFI fork – Boxmining

YFII (now formally known as DFI.Money) is a fork of the yEarn project (YFI) which offers a different token distribution model where token …

DFI.Money (YFII) – Binance Research

DFI.Money (YFII) – Binance Research

DFI.Money (YFII) is a Decentralized Finance (DeFi) platform which aims to build products on aggregated liquidity provision, leveraged trading, automated …

DFI.Money Price Prediction: What Is DFI.Money (YFII)?

DFI.Money Price Prediction: What Is DFI.Money (YFII)?

YFII operates on the Ethereum blockchain, which means that it is, technically, a token rather than a coin, although you will still see …

Investing In DFI.Money (YFII) – Everything You Need to Know

Investing In DFI.Money (YFII) – Everything You Need to Know

DFI.Money (YFII) is a multi-chain DeFi (decentralized finance) aggregator. The network provides users with profit optimizing services for …

Is YFII coin a good investment?

In 2025, YFII should be worth about $2,854.64, but that is as good as things will get and, by July 2027, it should be worth $0, becoming at the very least a de facto dead coin, the site believes. PricePrediction.net in contrast is very positive indeed, at least in the medium and long term.

What is the difference between YFI and YFII?

To conclude, YFI is expected to gradually increase towards a new all-time high price. While YFII is showing strong bullish reversal signs, it has to break out above $2540 in order for the trend to be considered bullish.

Is YFI and YFII related?

money. YFII was forked by the crypto community of China from YFI. YFII is YFI's first fork. The YFII token is the hottest currency today in the Chinese DeFi ecosystem.

What is YFII DFI money?

YFII (DFI. Money) is a DeFi platform forked from yearn. finance to build products on aggregated liquidity provision and leveraged trading. The YFII token is a native governance token for the DFI. Money platform that can be earned by providing liquidity to the pool.

Why is YFII dropping?

As for the fall for YFII, most theories pointed out that it was caused by the DFI Money development team deciding to rug-pull. Rug-pull is a form of token release of the project and left to float after the team behind it is no longer interested in the token.

Is YFII safe?

Many have called Balancer centralized and potentially untrustworthy after these accusations/frontend censorship. There is definitely a lot of risks using YFII – as with all decentralized finance projects and smart contracts.

Why is yearn finance down?

Decentralized finance's Yearn. finance (YFI) has dropped 10% in the past 24 hours despite strength in Bitcoin. The YFI coin is down over 33% from its all-time high price set just weeks ago. The coin seems to be dropping due to a wider bout of weakness in DeFi, caused by a number of trends.

How many YFI tokens are there?

The total maximum supply of 36,666 YFI tokens are all in circulation.

What is yearn Finance 2?

Yearn Finance 2 (YFII) is a fork of YFI and is a new token that can be earned by yield farming. YFII is known as DFI. Money. YFII is a governance token.

How many coins does YFII have?

How Many YFII Tokens Are There? According to the YFII documentation, there is a total supply of 40,000 YFII with 20,000 tokens in each pool.

How do you earn on YFII?

How to obtain YFII? YFII belongs to the community. There is no pre-mining, no crowdfunding, and no founder rewards. It can only be obtained by providing stablecoin liquidity for YFII to stake.

Who created DFI money?

Andre Cronje
DFI. MONEY originated as a hard fork of yearn. finance, the aggregator for DeFi returns created by Andre Cronje.

Is yearn finance a good buy?

Yes Indeed. YFI is a good investment option in the crypto market. Yearn. finance runs on the Ethereum blockchain that allows users to optimize their earnings on crypto assets.

How do you mine a YFII coin?

How To Mine Bitcoin

  1. Choose and Set Up Your Bitcoin Mining Hardware. Start by choosing the hardware you'll use to mine Bitcoin. …
  2. Create a Dedicated Bitcoin Wallet. If or when you successfully validate a Bitcoin block, you need a valid Bitcoin wallet to get paid. …
  3. Configure Your Mining Equipment. …
  4. Start Mining.

Does YFI have a future?

Second, PricePrediction.net argues that YFI can get to an average of $13,173.84 this year before it goes up to $18,772.15 in 2023. There will be more growth in 2024 when the coin reaches $26,749.52, and the site argues that the crypto can get to $40,799.45 in 2025 before passing $58,712.99 in 2026.

Which crypto will boom in 2022?

Lucky Block – Overall the Best Crypto to Invest in June 2022. DeFi Coin (DEFC) – The Best New DeFi Cryptocurrency. StakeMoon – Crypto with Great Staking Rewards. Bitcoin – Currently the Best 'Buy the Dip' Crypto.

Why is YFI going down?

The YFI coin is down over 33% from its all-time high price set just weeks ago. The coin seems to be dropping due to a wider bout of weakness in DeFi, caused by a number of trends. YFI's long-term fundamentals remain bullish despite the recent downward trend.

What is YFI used for?

YFI is a governance token built on the Ethereum blockchain following the ERC20 standard, the native token YFI is used for governance over the network and is distributed exclusively through active participation and liquidity provision.

Is yearn finance better than Bitcoin?

However, Yearn Finance (YFI) has an all-time high value of $43,678 that is higher than Bitcoin's at $42k.

How much are YFII coins worth?

YFII Price Statistics

DFI.Money Price $1,929.13
Trading Volume24h $172,033,170.07 10.61%
Volume / Market Cap 2.31
Market Dominance 0.01%
Market Rank #314