What is YFI coin?

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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What is a yearn finance coin?

YFI is the native cryptocurrency of the Yearn Finance platform: a collection of decentralized finance (DeFi) products that allow users to earn interest on their crypto assets using smart contract platforms like Ethereum . Yearn Finance’s yield products typically offer yields of 25% to 35%.

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