What is yearn Finance?

yearn. finance is a group of protocols running on the Ethereum blockchain that allow users to optimize their earnings on crypto assets through lending and trading services . One of a number of emerging decentralized finance (DeFi) projects, yearn.

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Is yearn Finance regulated?

Yearn Finance is community-governed via a voting system . Like most DeFi platforms, the more governance tokens you hold, the more sway you have in the decision-making process. Notably, proposals to the Yearn. finance ecosystem can only be tabled if 33% of YFI token holders agree.

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Why is yearn Finance worth so much?

Yearn Finance has a very limited supply . So, if you are a speculative investor, this would be a great time to buy. The low supply means that there is a high demand for YFI, which consequently drives the price upwards. In fact, compared to Bitcoin, YFI has better token dynamics since thesupply is way lower.16 Oca 2021

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