DFI.Money

DFI.Money (YFII)

$2,080.52 USD (2.52%)
0.10737186 BTC (1.13%)
3.39225318 ETH (0.05%)
Acheter
Exchange
Jeux d'argent
Earn Crypto
  • Cap. Marché
    $80,299,592 USD
    4,144 BTC
    130,927 ETH
  • Volume (24h)
    $176,405,936 USD
    9,104 BTC
    287,628 ETH
  • Offre en Circulation
    38,596 YFII
  • Offre Totale
    39,375 YFII
  • Offre Max
    39,375 YFII

À propos de DFI.Money

What Is DFI.MONEY (YFII)?

DFI.MONEY, also known as YFII, is a fork of popular decentralized finance (DeFi) aggregator platform yearn.finance (YFI).

Launched in July 2020, it aims to optimize returns for DeFi investors while adhering to changes proposed in an upgrade plan called YIP-8.

In addition to protocol changes, DFI.MONEY has also released new products, chief among which, the Vault, it describes as its “killer product.”

The native token of DFI.MONEY is YFII, a fixed-supply token which liquidity providers earn in accordance with their network interaction.

Who Are the Founders of DFI.MONEY?

DFI.MONEY originated as a hard fork of yearn.finance, the aggregator for DeFi returns created by Andre Cronje.

Cronje left the original incarnation of yearn.finance, iEarn, in early 2020, only to return to continue its development, whereupon its popularity grew considerably as DeFi became more mainstream.

In July 2020, mining and farming of yearn.finance’s YFI token ended, and a proposal to protect liquidity provision from whales earned 80% support among protocol participants. However, it was not adopted due to not meeting yearn.finance’s requisite 33% quorum requirement.

As a result, a group of users opted to hard fork the protocol to create DFI.MONEY, with its own token, YFII.

The hard fork implemented the proposal, known as YIP-8, which makes YFII rewards decrease each week, following a pattern popularized by Bitcoin (BTC).

What Makes DFI.MONEY Unique?

DFI.MONEY essentially fulfils the same role in the DeFi marketplace as yearn.finance, subject to different protocol rules for its token and with some new features.

Its appeal is thus aimed at users of its predecessor who voted in favor of YIP-8, as well as newcomer DeFi investors who want to maximize returns by providing liquidity.

DFI.MONEY’s website states that its protocol is community-owned and does not offer commercial incentives such as developer rewards by default.

Users join one or both of two liquidity pools which feature Curve (CFI) or Balancer (BAL), earning YFII tokens as a reward for providing liquidity.

DFI.MONEY also introduced a new feature, the Vault, which seeks to gain users the highest returns of any token automatically according to user-submitted strategies, without the users themselves manually setting up transactions.

Read more about yearn.finance here.

Read more about Harvest Finance here.

New to crypto? Find the answers to all your questions with Alexandria, CoinMarketCap’s dedicated education resource.

How Many DFI.MONEY (YFII) Coins Are There in Circulation?

YFII is an ERC-20 standard token with a fixed supply of 40,000 YFII. According to the characteristics set out and accepted in YIP-8, no premine, presale or developer-allocated tokens were taken from the total supply.

DFI.MONEY states that the only way of earning YFII is by providing liquidity to the protocol. Tokens are distributed according to liquidity provision, with rewards decreasing weekly. Each of the two liquidity pools began with a supply of 20,000 YFII.

A schedule confirms that token distribution was completed 10 weeks after it began, at the end of September 2020.

How Is the DFI.MONEY Network Secured?

DFI.MONEY states that YFII has a guaranteed fixed supply of 40,000 tokens which cannot be manipulated by developers.

This was made possible by sending keys allowing minting of new tokens to a so-called “blackhole” address, and access to them is permanently lost.

Developers published links to the transactions showing transfer of the keys to the blackhole.

Where Can You Buy DFI.MONEY (YFII)?

YFII has become a popular trading token since its launch. As of October 2020, it is available on multiple major exchanges, with trading pairs featuring cryptocurrencies, stablecoins and other DeFi tokens.

Binance, OKEx and Huobi Global are among the exchanges with the largest YFII volume.

Still a crypto newbie? Read our easy guide to buying Bitcoin or any other cryptocurrency.

DFI.Money Price Today
Prix de DFI.Money$2,080.52 USD
Bas / Haut sur 24 heures
$2,163.68 USD /
$2,002.68 USD
Volume sur 24 H$176,405,936 USD
Cap. Marché$80,299,592 USD
Rang sur le marché#121
Yesterday's DFI.Money Price
Bas / Haut hier
$2,163.68 USD /
$1,845.87 USD
Ouverture / Fermeture d'hier
$1,883.58 USD /
$2,052.53 USD
Change d'hier$168.95 USD (8.97%)
Volume d'hier$201,882,956 USD
Historic DFI.Money Price
Bas / Haut sur 7 jours
$2,163.68 USD /
$1,527.77 USD
Bas / Haut sur 30 jours
$2,741.53 USD /
$971.51 USD
Bas / Haut sur 90 jours
$6,897.67 USD /
$971.51 USD
Bas / Haut sur 52 semaines
$9,385.42 USD /
$96.29 USD
Le plus haut
$9,405.23 USD
(Sep 01, 2020)
Le plus bas
$96.29 USD
(Aug 03, 2020)
RSI de DFI.Money
241.42%
DFI.Money Supply Details
Offre en Circulation38,596 YFII
Offre Totale39,375 YFII
Offre Max39,375 YFII
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