Category: Yearn Finance

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

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

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 […]

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

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

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

Yearn proposes “buyback and build” strategy for YFI holders

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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