Why is yearn finance going down?

Decentralized finance’s Yearn. finance (YFI) has dropped 10% in the past 24 hours despite strength in Bitcoin. The YFI coin is down over 33% from its all-time high price set just weeks ago. The coin seems to be dropping due to a wider bout of weakness in DeFi, caused by a number of trends .

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How many yearn tokens are there?

The project initiated one of the first community-fair-launched token distributions, giving out 30,000 YFI tokens to early protocol users by a surprise yield farming announcement on July 17, 2020, according to Coingecko. The total maximum supply of 36,666 YFI tokens are all in circulation.

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