YFI Yearn Finance nedir?

Yearn .finance , Ethereum blok zincirinde kredi toplama, getiri oluşturma ve sigorta sağlayan merkezi olmayan finans (Decentralized Finance ) içindeki bir ürün paketi olarak bilinmektedir. Protokol, çeşitli bağımsız geliştiriciler tarafından sürdürülerek, YFI sahipleri tarafından yönetilmektedir.

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When 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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How did YFI start?

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.

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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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