YFI3.moneyYFI3
$13.1
Market/Exchange
YFI3 Price Prediction and Price Movement
YFI3 has been down 0 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that YFI3's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if YFI3 is backed by a solid development team and whether YFI3's technology has any potential to grow.
Please note that this analysis is purely base on YFI3's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
YFI3.money Price Chart
About YFI3.money
YFI3.money is a yield aggregator for DeFi lending platforms that rebalances for highest yield during contract interaction which supports Compound, dYdX, Aave and DDEX protocols. When users put their money into the platform, it automatically transfers the assets into the protocol that has the highest yield, and returns a proof of stake called yToken. Users can send back yTokens at any time to withdraw their deposits along with the interest.
YFI3 is the token for community governance and the key to farming yields of various DeFi platforms. It is used for revenue allocation and voting in the YFI3 DAO.
The total supply of YFI3 is 40,000. Each of the two pools will be emitting 15,000 tokens to yield farmers, starting at 10,000 in the first week halving every 7 days. The number of tokens farmed is in proportion to the liquidity farmers provide to the pools. YFI3 will be completely distributed in the following 10 weeks.