Yearn Finance | Crypto Profit Bot

3 red flags that signal a crypto project may be misleading investors

May 20, 2022

Crypto Nanobot 0

Satoshi Nakamoto left a large pair of shoes to fill after releasing the code for Bitcoin (BTC) to the world, helping to establish the network, then vanishing without so much as a trace. Over the years, the crypto ecosystem has seen many developers and protocol creators rise in stature to become crypto messiahs for faithful […]

Finance Redefined: DeFi ‘Godfather’ Cronje quits, CAKE launches $100M venture arm and more

March 11, 2022

Crypto Nanobot 0

The decentralized finance (DeFi) ecosystem had quite an eventful week with several new developments and price action. The week started with DeFi “Godfather” Andre Cronje announcing his departure from most of his projects, leading to a massive drop in prices of projects that Cronje was associated with. CAKE DeFi launched a new $100 million venture […]

Yearn.finance risks pullback after YFI price gains 100% in less than 3 weeks

January 3, 2022

Crypto Nanobot 0

Yearn.finance (YFI) looks poised for a price correction after rising five days in a row to approach $42,000. Notably, an absence of enough buying volume coupled with overbought risks is behind the bearish outlook. The YFI price rally so far YFI’s price surged by a little over 47% in five days to $41,970 as traders […]

YFI price gains 46% in just four days after Yearn Finance’s $7.5M buyback

December 17, 2021

Crypto Nanobot 0

Yearn Finance (YFI) emerged as one of the best performers in the crypto market this week, rallying by over 46% in just four days to reach a two-week high above $29,100. YFI/USD daily price chart featuring its four-day bull run. Source: TradingView The gains surfaced primarily as Yearn Finance revealed that it has been buying back […]

3 reasons why Enzyme Finance (MLN) is up 92% in a week

July 5, 2021

Crypto Nanobot 0

Decentralized finance (DeFi) has emerged as one of the most promising real-world applications of blockchain technology, capable of reshaping the face of the global financial markets and transforming the way the average person manages their money. One DeFi focused project that has been gaining attention over the past week as the mainstream world slowly opens […]

Monster bull flag for Yearn.finance puts $200,000 YFI price in play

February 21, 2021

Crypto Nanobot 0

Bitcoin (BTC) bears looked on in disbelief as BTC price rallied to over $57,800 on Feb. 21, sparking a major altcoin rally. It seems bull flags are being printed one after the other on coins like Polkadot and Cardano, which are playing out predictably. However, one coin that is not getting the limelight it deserves […]

DeFi Protocols Cream Finance, Alpha Exploited in Flash Loan Attack; $37.5M Lost

February 13, 2021

Crypto Nanobot 0

Alpha Finance says the “loophole” has been patched. Feb 13, 2021 at 1:52 p.m. UTCUpdated Feb 13, 2021 at 3:39 p.m. UTC DeFi Protocols Cream Finance, Alpha Exploited in Flash Loan Attack; $37.5M Lost Decentralized finance protocols (DeFi) Cream Finance and Alpha Finance were victims of one of the largest flash loan attacks ever Saturday […]

Yearn.finance eyes new all-time high — Can YFI price reach the next $66K target?

January 18, 2021

Crypto Nanobot 0

As Bitcoin’s (BTC) price has been consolidating in recent weeks, many other crypto assets started to show strength. This was largely expected since altcoins generally do better once BTC cools down. Lower volatility in Bitcoin means higher volatility for altcoins as the money flows from Bitcoin to altcoins. Ether (ETH), for example, is now looking to break […]

Yearn proposes “buyback and build” strategy for YFI holders

January 13, 2021

Crypto Nanobot 0

Instead of receiving dividends, Yearn.finance would buy and redistribute tokens with protocol revenue. 2110 Total views 10 Total shares The Yearn.finance community is introducing a proposal to reform the current token economics of YFI. Popularly called “buyback and build,” the proposal aims to bolster the project’s treasury while also generating value for all stakeholders. Its […]

A lifetime in 24 Tweets: The rise of Inverse.Finance

December 19, 2020

Crypto Nanobot 0

Consisting of 24 Tweets over a 48-hour period, Inverse.Finance’s social media presence reads like a decentralized finance (DeFi) startup story in hyperdrive. Over the course of its short life the fledgling protocol has already attracted $4.3 million in total value locked (a figure that seems to be rising as fast as solo developer Nour Haridy […]

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Category: Yearn Finance