DeFi Protocol Yearn Finance's Token Rises 7% Despite Market Plunge

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

.iearnfinance's YFI token has surged by 7% against its USD trading pair as it remains unperturbed by a crypto market sell-off. Reporting by oknightcrypto.

that Yearn Finance was moving into liquid staking derivatives. Liquid staking derivatives are a type of token that gives investors exposure to an underlying asset whilst receiving staking rewards as a part of Ethereum's proof-of-stake network.."Spread your risk. [Receive] boosted yields."

At the time of writing, YFI was trading at $10,770 with 24-hour trading volume topping $252 million across all exchanges. Meanwhile, bitcoin and ether are down 4.44% and 4.58% respectively as fear gripped the crypto market following

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

iearnfinance OKnightCrypto Too moon $yfi ✈️✈️✈️

iearnfinance OKnightCrypto

iearnfinance OKnightCrypto

iearnfinance OKnightCrypto Whoo got how muchh to take

iearnfinance OKnightCrypto Thankss to your team, pleases)))

iearnfinance OKnightCrypto

iearnfinance OKnightCrypto it'ss haappening right noow!!

iearnfinance OKnightCrypto

iearnfinance OKnightCrypto BitcoinBullRun2

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines