finance was fairly niche. After the exploit early in 2020 and the cryptocurrency market crash of March, many users were hesitant to use the then-new protocol. This changed when Cronje released a blog post to Medium announcing YFI, an ERC-20 token launched so users could govern the Yearn.
Read moreWhen was YFI launched?
YFI is also known as yEarn. It was launched by Andre Cronje in early 2020 . It is connected to the Yearn.finance protocol as its native cryptocurrency. The protocol allows its users to give their vote on which direction they wish to the protocol to head.
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