![]() ![]() The main resolution sources will be Coingecko ( ) and the current ERC20 contract ( ). If the token gets redeployed and a migration happens, where there is social consensus on a new YFI token that governs yearn.finance, that will be treated as YFI. It has circulating supply volume of 36,666 YFI coins and. (Description provided by CryptoCompare. yearn.finance price is 6,966.64, up 1.71 in the last 24 hours, and the live market cap is 230M. It aims to maximize returns and reduce risks for users and allows YFI token holders to participate in governance decisions. If the total supply of YFI remains 30,000 on the resolution date, even if a governance proposal set to change that has been approved, the market will resolve to "No". Yearn.finance (YFI) is a DeFi protocol created by Andre Cronje that automates yield farming by finding and investing in the highest-yielding opportunities in DeFi. If this happens, and the total supply of YFI exceeds 30,000 before the resolution date, the market will resolve to "Yes". Currently there is much debate around adding inflation to the current fixed supply of 30,000 YFI tokens, as a means of creating further incentive for team members and core devs to be committed to the project. Investing in or trading crypto assets comes with a risk of financial loss.This is a market on if the total supply of $YFI, the native token of yearn.finance, will be greater than 30,000 by March 15th, 2021, 4pm EST. However, the price is still slightly undervalued. The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. YFI Total Supply (Max Supply): 36,635.03 (36,666) YFI Market Cap: 2.5 billion Total Value Locked (TVL): 4.5 billion 24 Hour Trading Volume: 850 million The 67,000 price of YFI is actually a decrease from the all-time high of nearly 90,000. Various analysts are expecting a strong upside trend in the future. Yearn Finance is currently observing a consolidated trend in price. There are no bars of histogram in MACD hinting towards the same trend. MACD of the YFI hints towards a consolidated trend in price. YFI is trading below the 50 DMA with a negative crossover.It can push the price to a new low in the future.It is trading above the 100 DMA but a negative crossover might push the price further below. ![]() The upside momentum of the YFI can see a halt near the value of $10000.Meanwhile, the downside trend of YFI can see a halt near the value of $7000. ![]() On the daily chart, it is trading near the value of $8454 with a drop in the intraday session. finance price today is 6,859.76 with a 24-hour trading volume of 64.35M, market cap of 226.23M, and market dominance of 0.02. ![]() It has been forming bearish candles on the daily chart. The weekly technical chart of YFI hints towards a consolidated trend in price. It is currently down by more than 80% from its all-time high but can see a recovery in the future. (YFI:TSX. The volume of the asset price has seen a slight decline in the intraday session. YFI has a market cap of $283,282,573 and is ranked 125th in the crypto-verse. Yean Finance has a total supply of 36666 of which 89.42% is circulating in the market. Yearn finance voting contract holds 5.22% of the total supply. Meanwhile, the total number of AVG new users along with the transaction has also declined. The growth of the users has become stagnant in the protocol. It has 55,662 holders and 213804 users as per the data by Dune Analytics. Yearn Finance has a total TVL of $443,150,966 which may increase. They also provide lending and borrowing services to their customers. It helps the users to maximize their funds. It automates the Yield farming strategies which can automatically allocate funds to the highest yield available. It was launched in 2020 by Andre Cronje, a well-known figure in the defi sector. Yearn Finance is a Defi protocol that aims to give the best yield farming to its users. Yearn Finance has seen a decline in the Avg new users over the past few months.It is trading with a drop of % in the intraday session YFI price is currently in a long consolidation range but can see a breakout in the future. ![]()
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