Yearn Finance is up nearly 45% in 24 hours, and it appears to be thanks to the team’s new dog token offering a bi-directional peg to YFI.
Fees from yVaults were the biggest contributors to Yearn’s revenue.
Enso raises $5 million from top funds and YFI’s price hits a new record high as the demand for DeFi yield rises.
After weeks of aggressive selling, YFI looks primed for a move to $60,000 before Bitcoin.
Alpha Finance says the “loophole” has been patched.
A hacker has made off with $2.8 million after draining $11 million from Yearn Finance’s V1 DAI vault.
“Attacker got away with 2.8m, dai vault lost 11.1m,” a Yearn Finance developer posted in Discord.
The vote to mint an additional 6,666 YFI in order to fund future development on the Yearn protocol has passed.
Turns out the “no inflation” meme may not be here to stay.
After a stormy weekend for DeFi’s original yield vault, dust is settling and a path forward is being paved