Price and social media sentiment swoon in unison as Yearn Finance formalizes operations budget.
Since making its first investment in October, Polychain Capital is now the 10th-largest holder of YFI.
The latest token offering by Yearn Finance founder Cronje has surged within hours of launch
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.
Andre Cronje, the prolific coder and creator of Yearn, said he’s quit the project – and decentralized finance (DeFi) altogether – out of frustration with its realities.
Yearn.finance (YFI), Aave (LEND), and Maker have surged 12% to 30% overnight.
The post YFI, Aave, Maker surge up to 30% overnight, what’s fueling the DeFi recovery? appeared first on CryptoSlate.
Decentralized finance (DeFi) tokens, including Uniswap (UNI) and Synthetix Network (SNX) are recovering with the lead of Yearn.finance (YFI).
The post UNI, SNX, and DeFi tokens recover on Yearn.finance (YFI) lead: what’s next? appeared first on CryptoSlate.
Ethereum’s correction triggered a DeFi-token collapse which resulted in YFI and UNI dropping by 46%.
Since September 12, the price of Yearn.finance (YFI) dropped from $43,937 to as low as $26,222.
The post Slump of Y tokens: why Yearn.finance (YFI)’s momentum is weakening—for now appeared first on CryptoSlate.
Bitcoin remains stuck in a tightening range but select altcoins may begin moving higher if they bounce off their key support levels.