Yearn Finance risks pullback after YFI price gains 100% in less than 3 weeks
Yearn Finance (YFI) looks poised for a price correction after rising five days in a row to approach $42,000. Notably, an absence of enough buying volume coupled with overbought risks is behind the bearish outlook. The YFI price rally so far YFI price surged by a little over 47% in five days to $41,970 as […]
YFI price gains 46% in just four days after Yearn Finance's $7.5M buyback
Yearn Finance (YFI) emerged as one of the best performers in the crypto market this week, rallying by over 46% in just four days to reach a two-week high above $29,100. YFI/USD daily price chart featuring its four-day bull run. Source: TradingView The gains surfaced primarily as Yearn Finance revealed that it has been buying back […]
Yearn Finance surges 45% as it joins dog pack with WOOFY
Despite Dogecoin retracing from its all-time highs above $0.70, dog tokens continue to attract astonishing levels of popularity, with DeFi “blue-chip” Yearn Finance emerging as arguably the most prominent team seeking to cash in on the canine meme coin craze with the launch of its WOOFY token. But the YFI fans jumping in early may […]
Yearn Finance made almost as much as in March as it did in 2020
Decentralized finance yield aggregator Yearn has released its financial report for the first quarter revealing some impressive earnings for the period. According to the Yearn Finance quarterly report, published on GitHub on April 27, the platform had earnings of $4.88 million for the quarter. Declaring that these were earnings before interest, taxes, depreciation, and amortization, […]
Yearn.finance team proposes $225 million YFI token mint
Community members and contributors are moving forward with a plan to build a treasury and better incentivize developers.
Core contributors, investors debate Yearn token mint
What started as a simple governance proposal to build a war chest for the the Yearn.finance development team has now spilled over into a wider conversation about incentivization, sustainability, and fair project launches in the decentralized finance (DeFi) space. On Wednesday, Jan. 13 five Yearn community members including multiple core contributors proposed a “Buyback and […]
Yearn.finance report reveals two thirds of revenue comes from yUSD vault
An informal revenue report reveals that Yearn Finance paid 65% of its net revenue to stakers.