- Abbreviation: YFII
- Full name: YFII.finance
- Publish time: 2020-07-28
- Total issuance: 60,000
Yearn is a financial platform that supports multiple DeFi agreements, and will automatically move positions between protocols to help savers get the highest financial income. The platform aggregates the Compound, dYdX, Aave, and DDEX agreements. When users deposit, the platform will automatically allocate funds to the protocol with the highest revenue. Then yearn will give the user a proof of stake called yToken through which users can withdraw the original deposited token and the corresponding income.
The total amount of YFII is 60,000, 20,000 for each of the three pools. The initial state of each pool is 10,000. The output is halved every 7 days. The corresponding proportion of YFII is allocated according to the share of Defi users providing liquidity for each pool. YFII will complete the distribution within the next 10 weeks.
Official website: https://yfii.finance/
- Twitter: https://twitter.com/FinanceYfii
Disclaimer: This introduction comes from the information published by the official project team such as the official website of the project, white papers, etc.So that investors can understand the currency and its projects before the transaction. We guarantee the accuracy, authenticity, and completeness of the information as much as possible. This content is for reference only and is not responsible for any consequences arising therefrom.