YF-DAI

YFDAI.FINANCEYF-DAI

Rank #1591
Token
On 13,288 watchlists

YFDAI.FINANCE Price (YF-DAI)

$650.85
0.84%

0.0114 BTC0.15%

0.1377 ETH5.12%

Low:$633.63
High:$688.73
24h
YF-DAI  YFDAI.FINANCE YF-DAI
Price:
$650.85
 0.84%
Market Cap
$2,594,279
0.84%
Fully Diluted Market Cap
$13,667,804
0.84%
Volume
24h
$1,978,767
19.55%
Volume / Market Cap
0.7627
Circulating Supply
3,986.00 YF-DAI
19%
Max Supply
21,000
Total Supply
21,000
Sponsored

YFDAI.FINANCE to USD Chart

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YF-DAI Price Live Data

The live YFDAI.FINANCE price today is $650.85 USD with a 24-hour trading volume of $1,978,767 USD. We update our YF-DAI to USD price in real-time. YFDAI.FINANCE is up 0.84% in the last 24 hours. The current CoinMarketCap ranking is #1591, with a live market cap of $2,594,279 USD. It has a circulating supply of 3,986 YF-DAI coins and a max. supply of 21,000 YF-DAI coins.

If you would like to know where to buy YFDAI.FINANCE, the top cryptocurrency exchanges for trading in YFDAI.FINANCE stock are currently CoinTiger, KuCoin, Gate.io, ExMarkets, and Bibox. You can find others listed on our crypto exchanges page.

What is YFDAI?

YFDAI is an entire permission less DeFi ecosystem that combines Staking & Farming services and soon, Lending/Borrowing services, SafePredict, and Insurance together with their own DEX called SafeSwap and their own LaunchPad where legitimate projects in the DeFi space can launch their new vetted projects with contract audits, locked liquidity and locked dev tokens in time release smart contracts. Whereas other DeFi protocols rely upon minting new tokens to sustain their staking and farming rewards, YFDAI has allocated tokens for these products which will be replenished with fees generated by the ecosystem. YFDAI also has a deflationary burn mechanism built into the platform that will ultimately reduce the total supply to just 13,950 tokens.

YFDAI’s mission is to clean up the DeFi space by de-risking the purchase of new projects by performing due diligence vetting and requiring adherence to the same protocols that YFDAI itself adhered to on their launch. YFDAI’s motto is ‘no more exit scams or rug pulls.’

How is YFDAI different from other DeFi protocols?

Existing DeFi solutions lack the well thought out tokenomics of YFDAI which are deflationary instead of inflationary. The fees generated by the ecosystem are distributed to the burn contract and the Staking/Farming rewards. Once the total supply reaches 13,950 the burning will end and the distribution of fees previously going to the burn contract will be distributed according to governance voting. Other protocols may offer Staking and Farming or they may offer lending and borrowing with a limited set of tokens, but YFDAI has a full suite of DeFi products coming out by the end of the year. YFDAI is also bridging the gap between DeFi and the rest of the world by obtaining a financial service license and e-money license which will enable crypto – fiat exchange on their YFDAI centralized exchange. They also plan on opening an ecommerce site and issuing a debit card. Ultimately, YFDAI aims to unlock the full potential of digital assets for their owners.

What is the purpose of YFDAI's native YF-DAI token?

The YF-DAI token is used to pay fees on the site and will facilitate governance of the YFDAI protocol. Liquidity providers are a key component to ensure the sustainability of a decentralized finance protocol by facilitating liquidity within the protocol. They will therefore be rewarded with YF-DAI tokens via liquidity mining, in addition to a percentage of trading and borrowing fees. Platform users who use YF-DAI for lending, borrowing or trading will be rewarded with governance power in the form of YF-DAI tokens to encourage not only use of the platform’s services, but also to facilitate distributed governance.

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YF-DAI Price Statistics

YFDAI.FINANCE Price Today
YFDAI.FINANCE Price$650.85
Price Change24h$5.44
0.84%
24h Low / 24h High
$633.63 /
$688.73
Trading Volume24h$1,978,767.09
19.55%
Volume / Market Cap0.7627
Market Dominance0.00%
Market Rank#1591
YFDAI.FINANCE Market Cap
Market Cap$2,594,279.37
0.84%
Fully Diluted Market Cap$13,667,803.98
0.84%
YFDAI.FINANCE Price Yesterday
Yesterday's Low / High
$619.29 /
$688.73
Yesterday's Open / Close
$658.39 /
$653.70
Yesterday's Change

0.71%

Yesterday's Volume$2,339,991.15
YFDAI.FINANCE Price History
7d Low / 7d High
$571.60 /
$754.32
30d Low / 30d High
$355.61 /
$1,069.34
90d Low / 90d High
$355.61 /
$1,335.18
52 Week Low / 52 Week High
$355.61 /
$23,156.98
All Time High
Mar 23, 2021 (8 months ago)
$23,156.98
97.19%
All Time Low
Sep 08, 2020 (a year ago)
$108.15
501.78%
YFDAI.FINANCE ROI

501.51%

YFDAI.FINANCE Supply
Circulating Supply3,986 YF-DAI
Total Supply21,000 YF-DAI
Max Supply21,000 YF-DAI