YFI, AAVE, COMP plunge 10% — 3 reasons DeFi is seeing a huge correction

DeFi giants YFI, AAVE, and COMP plummet by over 10% within 20 hours as the market pulls back on Bitcoin and Ether uncertainty.

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FTX CEO Sam Bankman-Fried’s Almeda Continues to Short YFI, Now Adds ETH & LINK Too

Almeda's Quant trading firm is now onto shorting the center of DeFi Ethereum, DeFi darling YFI, and the top DeFi cryptocurrency LINK. The platform has investments in some of the top DeFi tokens, including WBTC, REN, BAL, COMP, SNX, NXM, and others.

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Why investors are optimistic after “painful” DeFi correction despite YFI plunge

The prices of decentralized finance (DeFi) darlings Yearn.finance (YFI) and Uniswap (UNI) plummeted in the past week. The post Why investors are optimistic after “painful” DeFi correction despite YFI plunge appeared first on CryptoSlate.

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DeFi token YFI hits $13,000 to surpass Bitcoin

DeFi token YFI launched this July and has risen more than 3,000% to hit...

The post DeFi token YFI hits $13,000 to surpass Bitcoin appeared first on Coin Journal.

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DeFi Darling Yearn.finance (YFI) Just Passed the Price of Bitcoin at $11,750

Today, Yearn. finance (YFI) did what many believed was impossible: the altcoin’s price crossed above that of Bitcoin (BTC). Just minutes ago, the price of the Ethereum-based coin crossed above $12,000 for the first time ever, meaning it was trading above BTC’s then-current price of $11,750.

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Yearn Finance’s YFI Token Hits Five Figures, Closing in on BTC Price

As DeFi tokens continue to lead crypto markets ever higher, some such as Yearn Finance’s YFI token are making monumental gains, but is it all for the whales only? With a very limited supply of just 30,000 tokens, demand for YFI is palpable.

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YFI Worth More Than Bitcoin? Prices Pass $11k Following Insurance Product Launch

Ethereum-based DeFi token YFI nearly surpassed Bitcoin prices as speculators went berserk over yEarn’s prototype insurance product, yInsure. YFI Enters Peak Mania yEarn Finance, previously known as iEarn Finance, has...

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DeFi total value locked blasts through $6.4 billion, causing YFI, REN to rocket

The total value locked of the Decentralized Finance (DeFi) market surpassed $6.4 billion for the first time. The post DeFi total value locked blasts through $6.4 billion, causing YFI, REN to rocket appeared first on CryptoSlate.

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3 Key Reasons Why DeFi Giant yEarn Finance (YFI) Rallied to $12,800

In the past week, yEarn Finance's YFI token rallied 330% to a new high of $12,800 — but what’s behind this impressive rally?

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DeFi-Yield-Hunting Token YFI Explodes to $11K From $32 in One Month

A governance token for DeFi investment protocol yEarn Finance has shot up to over $11,000 despite barely being a month old.

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Yearn.finance (YFI) surges to new all-time high above $9,000 as DeFi continues ascent

After a strong 40 percent correction after garnering a listing on Binance, Yearn. finance (YFI) is back in the spotlight as the decentralized finance altcoin has more than doubled in approximately three days.

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Bible Inspiration: Latest DeFi Experiment Triggers Supply Cut Whenever it Hits an All Time High

After YFI, YAM, and BASED, it's time for the Bible itself. The latest token in the DeFi town this week is inspired by the Bible story “where humanity builds a tower so high that they challenged God's divinity.

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Yearn Finance Announces Tokenized Insurance, Pushing YFI One Step Closer to BTC

Popular DeFi project Yearn. Finance is ready to take it a notch above with its new insurance primitive called “yinsure. finance. ” To be released over the next few weeks, Yearn Finance is ready to tackle tokenized insurance.

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New Unaudited DeFi Project for ‘Degens’ is Here for Yield Farming

After Tendies, YFI, and YAM, it is time for Based Money — “game theory for degenerates.” As a good farmer, you gotta rotate your crops. Investigating BASED today. Come shitcoin with me! — Arthur Hayes (@CryptoHayes) August 13, 2020 This week’s latest decentralized finance (DeFi) is Based Money, a massive multiplayer online game whose anonymous […]

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Yield farming protocol tanks and takes YFI, COMP, LEND down with it

The DeFi market took a huge hit earlier today when YAM, an experimental yield farming project, suffered a contract bug that caused its market cap to drop from $60 million to virtually zero. The post Yield farming protocol tanks and takes YFI, COMP, LEND down with it appeared first on CryptoSlate.

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This Potato-Themed DeFi Protocol is Sending Shockwaves Throughout the Crypto Market

Crypto Twitter has been captivated by a newly launched protocol called YAM that is structurally similar to Ampleforth – in terms of its regular rebasing – with the same “meme potential” as other popular DeFi tokens like YFI.

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Листинг на Binance поднял Yearn Finance выше $6000

В секторе DeFi постоянно появляются новые успешные проекты. Относительно молодая криптовалюта YFI, токен управления yearn. finance, превратилась в образец доходного фермерства. Запущенный всего несколько недель назад в настоящее время YFI является вторым по стоимости токеном на рынке, его цена превышает $6000.

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YFI Now Trading on Leading Spot Exchange, Price Explodes to a New ATH Approaching $7k

While today, YFI went live on Binance, last night Andre Cronje, the developer behind the yEarn project, and YFI took to Twitter to share that he doesn’t care about centralized crypto exchanges listing the decentralized token as whatever they offer DeFi has it all covered.

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yEarn Finance Token YFI Jumps 50% After Listing on Binance

Binance continued its foray in DeFi, announcing that will list YFI with trade commencing at 12 PM UTC. The token’s price reacted positively to the news but had already begun...

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yEarn Finance Token YFI Gains 50% After Listing on Binance

Binance continued its foray in DeFi, announcing that will list YFI with trade commencing at 12 PM UTC. The token’s price reacted positively to the news but had already begun...

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yEarn Expanding its Ecosystem to Bring in Hot DeFi Tokens into the Mix

DeFi craze continues to get hotter as the system grows. yEarn’s zero supply valueless token YFI climbed to a new high today at $5,300 and is currently trading at $4,700. Today, it also announced integration with Aave with the launch of the Credit Delegation service.

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YFI is one of the most fairly distributed DeFi tokens on Ethereum: data

A big issue in the cryptocurrency community is the centralization of coins. The post YFI is one of the most fairly distributed DeFi tokens on Ethereum: data appeared first on CryptoSlate.

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Second Yearn.finance (YFI) copycat enters “death spiral,” plunges 99% in two days

Yearn.finance has quickly become a flagship product of Ethereum’s decentralized finance (DeFi) space. The post Second Yearn.finance (YFI) copycat enters “death spiral,” plunges 99% in two days appeared first on CryptoSlate.

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CEO of DeFi YFI Token Fork, Asuka, Exit Scams 2 Days After Launching; Binance To Investigate

Over the past few months, the crypto world has taken off with a helping hand from the DeFi market. The yield farming craze has seen blockchains like Compound, Balancer, etc. take off in a massive way, as investors chase the crazy annual yields these DeFi platforms offer.

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YFI Fork and “Dogecoin of DeFi Tokens” Asuka Token Creator Reportedly Exit Scams

DeFi is the talk of the town in the crypto landscape these days, and DeFi exit scams aren’t too far behind. Only a Matter of Time? DeFi, the new “in” thing within the cryptocurrency industry has witnessed unprecedented growth since its baby steps earlier this year.

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As DeFi Booms, Yearn Finance (YFI) Shifts 100% of Token Supply to Users

The DeFi sector recently achieved a record $4.23 billion in total value locked, so why did Yearn Finance distribute its full token supply to its users?

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The DeFi issue: Korean behind YFI fork “Asuka” leads $60,000 exit scam

The developer behind Asuka, a short-lived fork of DeFi project Yearn Finance (YFI), conducted an exit scam this morning, with sources noting the loot was between the range of $30,000-$60,000. The post The DeFi issue: Korean behind YFI fork “Asuka” leads $60,000 exit scam appeared first on CryptoSlate.

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Devs are trying to copy the Ethereum DeFi token that rallied 100,000% in a week

If you’ve been following Ethereum, decentralized finance, or crypto in general over the past week, you likely know of the native coin of yearn.finance, YFI. The post Devs are trying to copy the Ethereum DeFi token that rallied 100,000% in a week appeared first on CryptoSlate.

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Can the DeFi Rocket YFI Stay Under Control?

The YFI token finds itself in the spotlight after a meteoric 10,000% rise fueled by the DeFi craze. But can this fledgling governance token stay true to its purpose? Left in the Dust It’s been quite a week for the new yearn.

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In the DeFi world, Yearn.finance distribution concluded – what’s next for YFI?

YFI, the governance token of Yearn.finance, is the fastest DeFi growth story in the history of cryptocurrencies. The post In the DeFi world, Yearn.finance distribution concluded – what’s next for YFI? appeared first on CryptoSlate.

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Newly released YFI token sees 11,000% growth – is this sustainable?

The DeFi race continues to heat up as the Ethereum-based governance token YFI hit... The post Newly released YFI token sees 11,000% growth – is this sustainable? appeared first on Coin Journal.

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DeFi-пузырь: Токен yEarn Finance за неделю вырос от нуля до $4500

На фоне растущего хайпа вокруг сферы децентрализованных финансов (DeFi) в последние дни повышенное внимание привлек предлагающий доходное фермерство проект yEarn Finance. Всего за неделю с момента запуска токен YFI взлетел до $4500, после чего стремительно пошел вниз, потеряв в цене за последние сутки почти треть своей стоимости.

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Токен проекта yEarn Finance вырос за неделю до $4500

На фоне растущего хайпа вокруг сферы децентрализованных финансов (DeFi) в последние дни повышенное внимание привлек предлагающий доходное фермерство проект yEarn Finance. Всего за неделю с момента запуска токен YFI взлетел с $34 до $4500, после чего стремительно пошел вниз, потеряв в цене за последние сутки почти треть своей стоимости. В отличие от таких «тяжеловесов», как […]

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Токен проекта yEarn Finance вырос за неделю с нуля до $4500

На фоне растущего хайпа вокруг сферы децентрализованных финансов (DeFi) в последние дни повышенное внимание привлек предлагающий доходное фермерство проект yEarn Finance. Всего за неделю с момента запуска токен YFI взлетел до $4500, после чего стремительно пошел вниз, потеряв в цене за последние сутки почти треть своей стоимости.

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Analyst: yEarn Finance (YFI) DeFi Rally Is Contender For Crypto Market’s Fastest 100x

Decentralized finance is absolutely on fire, and so is every crypto token in the segment. The latest token to take off due to the unstoppable trend is yEarn Finance. According to a well-known crypto analyst and podcaster, YFI may be a contender for the fastest 100x ever in the crypto market. $10,000 Invested in yEarn […]

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Decentralized Finance (DeFi) is Reminiscent of Bitcoin in 2013: Coinbase Report

As we talked about the curious case of YFI, a governance token launched with zero supply and zero value, it is quickly becoming a favorite among the crypto market. In less than a week, this valueless token has flown to the highest level of $4,660 today.

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DeFi ‘Farming Craze’ Pushes Stablecoin DAI to Raise Debt Ceiling to 345 Million

The Ongoing DeFi boom has the Maker community voting for increasing the debt ceilings for DAI. “The farming craze has taken another turn with the start of YFI farming. Until long term solutions are put in place, the community may want to consider increasing the ETH and USDC-A debt ceilings,” reads the team’s statement. This […]

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Yearn Finance (YFI) Becomes Latest DeFi Darling as Farmers Scramble for Yields

Another day in the rapidly expanding world of decentralized finance brings another player to the scene, attracting yield farmers seeking big gains. Yearn Finance is the latest DeFi darling and its YFI token is gaining serious traction.

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Troll Token? Why DeFi Yield Farmers Are Now All About YFI

YFI is the latest DeFi token to top the charts. Yearn Finance Interest? Your Favorite Idea? Its intent unclear, but YFI is now trading at $1,070.

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