![]() ![]() WazirX reserves the right in its sole discretion to amend or change this blog post at any time and for any reasons without prior notice. The information provided in this section doesn't represent any investment advice or WazirX's official position. Kindly ensure that you undertake sufficient risk assessment when trading cryptocurrencies as they are often subject to high price volatility. Happy Trading! Disclaimer: Cryptocurrency is not a legal tender and is currently unregulated. What started as a yield aggregation instrument evolved into a platform that supported automated liquidity mining strategies. iEarn Finance, as it was then called, was released to the public. Several smaller investors can deposit their tokens in yEarn, pooling funds to form one large investor, thereby netting and minimizing transaction fees associated with depositing funds into a pool.Īndre Cronje created yEarn Finance to automate the process of manually moving funds between DeFi money markets to secure the best lending rate. YFI’s proposal is almost fully realized, according to some investors in the DeFi space. Each vault allows users to deposit a particular token, and the protocol automates yield farming strategies by moving providers’ funds between platforms such as dYdX, Aave, and Compound. As a result, YFI is the first altcoin to surpass Bitcoin’s value price. In the current iteration of yEarn, the flagship product is its automated yield farming contract, called vaults. Users can earn it by contributing liquidity to yearn.finance’s liquidity pool and use the token for platform governance. Yearn.finance is a decentralized finance (DeFi) platform which aims to perform a host of functions such as aggregated liquidity, leveraged trading, and automated marketing making. Withdrawals - You can withdraw YFI from your WazirX wallet.Trading - You can buy, sell, trade YFI in our USDT market.Deposits - You can deposit YFI from another wallet to WazirX.YFI/USDT trading is live on WazirX! Share this YFI Listing Schedule Namaste Tribe! yearn.finance (YFI) is listed on WazirX and you can buy, sell, trade YFI in our USDT market. ![]()
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