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The YFI token has been out of the market for more than a month and has amassed an astonishing US $ 4900. What is noteworthy is the price continues even though all the tokens are issued and they are already in circulation. In addition to the 'minor' pullback from $ 3900 USD to $ 2800 USD the day the last YFI token was issued, YFI has been expanding since it was announced and has not been seen. An interesting fact is that the rotational supply of UFIs is equal to the total supply. Only 51 UFI tokens are not in circulation according to the cocoon market cap. It is important to note that these 51 tokens may expire, before it is possible that someone may decide to burn the YFI tokens in exchange for their DDI rich asset pool / treasure chest.
In January 2018, the price of YEARN.FINANCE was highest in the year i.e. Rs. 45.542 and volume of Rs. 867492.56 with market cap of Rs. 0.
In December 2018, the price of YEARN.FINANCE was Rs. 5.73 and volume of Rs. 738295.11 with market cap of Rs. 863795175
In January 2019, the price of YEARN FINANCE Token was Rs. 4.93and volume of Rs. 280891 with market cap of Rs. 957382956.
In December 2019, the price of YEARN FINANCE Token was Rs. 77.38 and volume of Rs. 853672893 with market cap of Rs. 1.83628047e10
January 2020, the price of YFI Token was Rs. 62.54 and volume of Rs. 37594639.5 with market cap of Rs. 1.74925493e10
On August 2020, the price of YFI Token was Rs. 504.84 and volume of Rs. 7.74538956e9 with market cap of Rs. 4.74935276e10
The underestimated complexity of the financing year may be due to the lack of available protocol documentation.
Financial work during the year is actually easier to do than other D-Fi projects, which is used to refer to the eponymous financing protocol at the end of the year, which is the one we are on.
As mentioned earlier, Yearn.finance transfers stable beacon funds between the compound, AO, and fines, depending on how stable a group of Bitcoin funds generates the most APIs.
Yearn.finance currently supports DA, USD, USDT, USD and SSD. Because finance is a community rule, lending protocols are swapped between them, and the list of supported cryptocurrencies may change from time to time.