Category: Yearn Finance

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

February 21, 2021

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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 […]

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

February 13, 2021

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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 […]

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

January 18, 2021

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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 […]

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Yearn proposes “buyback and build” strategy for YFI holders

January 13, 2021

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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 […]

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

December 19, 2020

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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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Mergers Position Yearn Finance as the Amazon of DeFi

December 14, 2020

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Mergers Position Yearn Finance as the Amazon of DeFi Yearn Finance looks like it could put together the Amazon of decentralized finance (DeFi). If it does it, it will get there like everything else in crypto: way faster. For context: At an event in 2012, Amazon founder Jeff Bezos sat on stage with his CTO, […]

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Yearn Finance formalizes operations budget as YFI rallies

November 15, 2020

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Price and social media sentiment swoon in unison as Yearn Finance formalizes operations budget. 229 Total views 6 Total shares After a three-day voting period, this morning members of Yearn Finance’s decentralized governance approved Yearn Improvement Proposal 54 (YIP-54), formalizing an ongoing budget for operational expenses.  YIP-54 aims to improve on previous proposals, including YIP-36 […]

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