What’s the deal with yearn finance?

Yearn Finance (YFI) is a suite of products in Decentralized Finance (DeFi) that provides lending aggregation, yield generation and insurance on the Ethereum blockchain . The protocol is maintained by various independent developers and is governed by YFI holders, according to documents on the project’s website.

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Is yearn finance secure?

Yearn. finance can be considered a platform with impeccable security standards , and the governance lies with only YFI holders, making it a self-governed platform. This implies that the finance community that uses the protocol will monitor it (where one token has one vote).

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What is yearn finance worth?

YFI Price Statistics yearn.finance Price$20,425.66Trading Volume24h$95,194,201.60 1.17%Volume / Market Cap0.1272Market Dominance0.04%Market Rank#94yearn.finance price today, YFI to USD live, marketcap and chart coinmarketcap.com › currencies › yearn-finance

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