|All Time High:|
|Market Cap: |
|The price of #YFI today is $8,041 USD.|
The lowest YFI price for this period was $0, the highest was $8,041, and the current live price for one YFI coin is $8,041.04715.
The all-time high YFI coin price was $92,107.
Use our custom price calculator to see the hypothetical price of YFI with market cap of ETH or other crypto coins.
|The code for yearn.finance is #YFI. |
yearn.finance is 2.2 years old.
|The current market capitalization for yearn.finance is $252,496,921.|
yearn.finance is ranked #123, by market cap (and other factors).
|The trading volume is large today for #YFI.|
Today's 24-hour trading volume across all exchanges for yearn.finance is $15,834,976.
|The circulating supply of YFI is 31,401 coins, which is 86% of the total coin supply.|
A highlight of yearn.finance is it's exceptionally low supply of coins, as this supports higher prices due to supply and demand in the market.
|YFI is well integrated with many pairings with other cryptocurrencies and is listed on at least 54 crypto exchanges.|
View #YFI trading pairs and crypto exchanges that currently support #YFI purchase.
Conjuring images with Stable Diffusion
“medieval book of spells open and glowing, placed on a stone pedestal, magical setting” Steps: 150, Sampler: Euler, CFG scale: 9, Seed: 2670068578, Size: 768x512 Stable Diffusion (SD) is a new open-source tool that allows anyone to generate images using AI pre-trained by the nice folks at Stability.ai. You can use any image you make on it commercially as long as you link to its license. Be aware that some images might not be able to be used because of patents, for example, if you generate an image of Apple’s logo it doesn't mean you can use it as your brand. Technically, stable diffusion describes itself as: “A latent text-to-image diffusion model”: Latent: To work properly SD depends on a large amount of data (space) that was compressed into a lightweight representation (latent space)., Text-to-image: The core functionality of the whole thing, you feed text to it and it will give you back an image (there are plenty of configs tough for how to do this)., Diffusion Model: In AI diffusion is the process of slowly adding random noise to data and then learning to reverse the diffusion process to construct desired data samples from the noise., reverse diffusion process, thanks to jalammar.github.io Very roughly stable diffusion contains a text decoder that knows how to interpret text input and represent it as data for an image generator. You can read more about how this works in this illustrated guide.high-level ...
yDaemon: one API to unify all yearn data
yDaemon (source) is a yearn REST API that provides a single unified interface to consume all relevant Yearn ecosystem data. The API data updates in near real-time thanks to the many daemons that it spawns in order to check data sources for changes: Yearn Subgraph (main source of historical data), Yearn Meta (static data updated by yearn team, like strategy descriptions), Yearn API (APY computations), Yearn Lens (token prices), Yearn Risk Framework (soon), yDaemon exposes 4 routes for you to work with data: getSupportedChains: lists every valid chainID, getAllVaults: lists information all vaults for a chainID, getVault: lists information for a single vault, getBlacklistedVaults: lists vaults not included in yDaemon API, chainID is a unique number that represents a blockchain, for example Ethereum ID is 1. The main routes to use are getAllVaults and getVault, both work with the same vault object type the only difference is that one route returns information for a list of all vaults and the other returns for a single one. Some of the most important information that these routes are: Vault Data: Address, Symbol, Name, Icon, Version, Creation Date, Last Update., Vault Underlying Token Data: Address, Name, Symbol, Icon., Vault TVL: Total Assets, Total Assets in USD, Value of Token in USD ., Vault APY: Gross APR, Net APY, Performance Fees, Management Fees, APY based on Weekly/Monthly/Lifetime performance, Curve APRs brea...
Subgraphs explained: Yearning for data
A Subgraph is a service that allows developers and users to query blockchain data using well-known database query languages. In this article, we will explore a Yearn Ethereum Subgraph and learn how to ask it for data (a.k.a. query it). This knowledge is extremely important for web3 developers, but any blockchain user may also leverage information found on public subgraphs for their interests. Luckily for us, today we have services like The Graph which provides a human-friendly interface for communicating with subgraphs and also the entire. It’s worth noting that The Graph is a complex protocol that maintains an ecosystem of incentives for many roles that co-exist to make the infrastructure keep on goingThings you can do at The Graph Before diving into a subgraph let’s be clear about why we need one and what it solves: The blockchain is an ever-growing chain of blocks and each block has a small piece of information inside it, when we need to query for something that needs data from many blocks we need to read through them all and aggregate the data, turns out this can get super complex and hard to maintain (to read more on this search for “Event Sourcing”). We already have solutions to deal with querying data called “Databases“, so the subgraph will maintain a Database that we can query for data in a much more human-friendly way to do it.Overview of what the subgraph solves Now that we know what a subgraph is, l...
Automatizando investimentos dentro da blockchain de acordo com o risco
Esse artigo é a junção de todos os posts de um fio no twitter: https://twitter.com/MarcoWorms/status/1553429027628744704 A yearn é tipo uma conta poupança 100% transparente dentro da blockchain, decidir onde alocar os recursos e quanto risco tomar para isso é parte crucial da operação! Cada cofre possui até 20 estratégias de investimento, essas estratégias têm níveis de riscos diferentes medidos quantitativamente que são usados para decidir o quanto alocar por opção. Com as turbulências atuais nos mercados financeiros e de cripto um contribuidor da yearn (storming0x) escreveu detalhadamente como o protocolo da yearn lida com os riscos com uma framework aberta que pode ser melhorada por qualquer outro serviço, assim como o código de tudo feito na yearn! Pros componentes principais (tipo o código do cofre) os procedimentos de segurança e testes é o clássico em DeFi: um processo cascata de desenvolvimento/teste/auditoria Mas pro código das estratégias de investimento isso muda pois oportunidades surgem e morrem muito rápido Auditorias e reviews de segurança são o maior gargalo pra colocar contratos em produção A demanda é muito alta e você não tem controle do tempo que pode demorar Se as estratégias de investimento precisam ir pra produção mais rápido que o processo normal, como gerir o risco? Cada estratégia recebe uma nota para a chance de um problema ou hack VS. tamanho do impacto J...
Where does on-chain yield come from?
DeFi is a large ecosystem with many different protocols, each offering different services and yield options. It can be thrilling to be on the hunt for the highest APY/APR (Annual Percentage Yields/Rates), still, it is essential to keep track of the sustainability of the source that pays out the yields so you don’t end up with unexpected losses.If you don’t know where the yield comes from, then it comes from you — I don’t know who wrote this originally but it fits the subject very wellServices that create value - The most reliable source of yield is taxing a useful service. Services provide real value to people using them and users are willing to let the service have a fair share of the money that traffics through since this often translates to a better and more secure product. Some examples of sustainable crypto services: Bitcoin is the most resilient global permissionless money ledger–to use it, you have to spend Bitcoin to pay for service fees, Ethereum is the most secure platform to deploy services for DeFi and Web3 — to use it, you have to spend Ethereum to pay for service fees, Chainlink is the largest oracle provider–to use it, you have to spend Chainlink, In the above services, we can see the pattern of the “protocol access token” (read more at fat procools) which creates a sustainable long-term cycle that rewards everyone invested in the protocol which brings more interest to it and fuels...
Yearn Vault Tokens as collateral
Using tokens as collateral is a primitive building block in DeFi: “collateral” means that the tokens are locked, and only to be unlocked once agreed-upon conditions are met (such as the repayment of a loan). An everyday use case is seen in lending platforms, which allow users to lock tokens to borrow other ones. yvTokens can represent any yearn vault, which has many valuable properties when used as collateral: — They are yield generating. — Any yvToken is the yield-bearing version of a token deposited in it, so when locked up as collateral it will still keep generating yield. A single vault token can run up to 20 yield-generating strategies. All Vaults at yearn.finance run “up-only” strategies. — The safest yields in DeFi. — Vaults strategies are constantly audited to practice the highest security standards of DeFi. Grow with us one day at a time. Vaults & Strategies Deployment Security Guidelines, Yearning for Yearn: Messari Report, Yearn Security Processes, — They’re ERC20 compatible. — Yearn Vaults are ERC-20 compatible like any other commonly expected token. There is no code security overhead for developers to implement any yvToken as a new option for collateral. — They’re almost 100% liquid. — Strategies that lock tokens are kept to an absolute minimum amount of time. To learn more about strategies and funds allocation visit yearn.watch for a look into w...
Yearn Vaults v3
As we look ahead to the exciting changes v3 Vaults are bringing for both developers and degens, I spoke with the Yearn contributor leading the v3 design team. I was surprised to learn about the number of new features! Initially, our conversation started around the ERC-4626 standard which standardizes vaults across protocols but it turns out that’s just the tip of the iceberg.The purpose of v3 is to improve all core aspects of Yearn Vaults - — Security. — Maintain Yearn’s position as best in class for DeFi security practices. — Development. — Reduce friction for creating strategies, and allow a wider range of strategies for a vault. — Automation. — Allow more vault functions to be automated besides harvest, getting one step closer to the dream of the 100% automated vault.In order to tackle the v3 scope, the developers are working on the following: - — Increase modularity. — Implementing code that is simple in a robust way in the yVault contract, which allows smarter logic to be placed in modules that can be iterated. Adopting the ERC-4626 standard which allows our vaults to be compatible with any other protocols that follow it. — Improve Strategy <-> Vault relation. — Allow for simpler strategy testing, deploying, and overall including more tools to tackle a wider range of yield possibilities, including locking funds, riskier strategies, and multichain s...
Yearn governance explained: Proposals, $YFI token, and execution
Anyone can discuss or propose ideas in the Yearn’s Discord, Twitter, Reddit, Pool of Ideas, Telegram, and Governance Forum. As proposals mature it becomes a structured vote in the Governance Forum where the YFI token is used as voting power. Token holders can vote at Yearn Snapshots Page, there is no gas consumption in the voting transaction!, There is also a retired governance repository which is now unused but can be explored to learn about YFI history!, The most common type of proposals in the forum are Yearn Improvement Proposals (YIPs) but there are other types covered in the current Yearn governance implementation (YIP-61): Yearn Improvement Proposal (YIP): A proposal to execute any power delegated to YFI holders or outside the scope of enumerated powers, Yearn Delegation Proposal (YDP): A proposal to change how a yTeam has power over a scope, Yearn Signaling Proposal (YSP): A non-binding proposal to signal community feelings or intent on any issue, Governance: Scope - YIP-61 determines how Yearn governance currently works: yTeams have delegated authority from YFI holders to utilize limited powers autonomously. Holding YFI allows one to have control over how the power is distributed among teams, YFI gives exclusive voting power to pass or deny changes that shift power dynamics within the protocol such as: Change Multisig or yTeams Signers, Ratify yTeams, Spend Treasury Funds, Set Protocol Fees, Change YFI con...
Self-Hosting Web3 Services
Web3 has brought a new way to communicate with applications: apps are no longer hosted by centralized server providers but rather on blockchains, which are decentralized systems. Apps built on top of decentralized foundations are resilient to downtime and censorship, but there is an issue: serving the app interface to the users using the web browser often relies on centralized entities. In this article we’ll learn how to self-host app interfaces for core crypto and Yearn services, so if official websites are down by any reason you can actually serve the website for yourself since the blockchain is never down!Back-end, Front-end, Web3! - A quick intro to these concepts: Front-end is the name given to the portion of the application that is seen by the user, like a website or a mobile app., Back-end is the name given to the portion of the application that is not seen by the user. Many front-end actions rely on back-end to process., In Web3 the blockchain manages to decentralize the back-end, but the front-end will still be served to the user using the default centralized method: User requests browser to go to a page (example http://yearn.finance), Browser requests DNS for the IP of this address (220.127.116.11), Browser requests the files for the IP, And if any of these two happens: DNS doesn’t resolve your domain to an IP address or IP address doesn’t serve you the front-end files You won’t be able to see the front...
Setup notifications for blockchain transactions with Tenderly
In the article where Yearn announced a partnership with Tenderly there was a section where we said:“Tenderly has built-in customizable alerts that allow even novice users to create alerts on virtually any on-chain event.” A Yearn contributor reached out to learn more about this, and I think it’s a great opportunity to showcase this feature! Let’s start by taking a look at which networks can we use with Tenderly besides Ethereum Mainnet:Networks supported by Tenderly I’m gonna explore the “Monitoring -> Alerting” service located at Tenderly’s dashboard sidebar after logging into any project:Sidebar on the left side after logged-in There is a caveat to this service about free usage that will show up when you open the Alerting page:You’ll receive a batch of alerts that happened over 15 minutes. Upgrade your plan to Tenderly Pro/Dev to receive real-time alerts For testing, this isn’t a problem you so can proceed with the free version. For a more robust usage of alerts, you’ll have to upgrade your account. Let’s start by checking everything can we do when trying to create a new alert. The article won’t explore all possibilities so take a look at them to understand the best usage for your needs:Create alert Alert Type will be the conditions we’ll set for a chain event to trigger a notification:, all Alert Types Alert Target will be the contract monitored for the above events and conditions:, a...
More yearn.finance (#YFI) News
|Yearn Finance (YFI) Down 13% Following Andre Conje's Exit
Yearn Finance (YFI) has plunged rapidly following the surprise exit of its key players. The cryptocurrency which had been following the market trend had broken off the step with the rest of the space as the news sent ripples through the community. The plunge which occurred on Sunday came as a direct result of uncertainty spread across the community after Anton Nell announced that he, alongside Andre Conje, would be exiting the space.
Nell had taken to Twitter to post the shocking exit. The developer had pioneered various important projects like Yearn Finance (YFI), Keep3r Network, Multichain, Chainlist, among others, all of which have been highly successful and very popular with crypto investors. With the move, Nell announced that they would eventually terminate around 25 apps and services that they currently offer on Fantom.
Nell provided further explanation for the move, explaining that “Unlike previous 'building in defi sucks' rage quits, this is not a knee-jerk reaction to the hate received from releasing a project, but a decision that has been coming for a while now.”
Yearn Finance Takes The Hit
The impact of this decision was quickly felt across the space. Most notably was its impact on the prices of the protocols that these devs worked on. Yearn Finance which is arguably the most successful project of the lot quickly tumbled as news of the exit circulated.
In the early hours of Sunday, YFI dropped 13% from its spot above $20,000 to the low $17K. The drop in...
|Yearn Finance (YFI) Plunges 13% on Reports of Andre Cronje Leaving Crypt...
Andre Cronje, perhaps best-known for his work on Fantom and Yearn Finance, alongside Anton Nell - senior solutions architect at the Fantom Foundation - will reportedly be leaving the cryptocurrency space.
In a Twitter thread on March 6th, 2022, Anton Nell - senior solutions architect at the Fantom Foundation - announced that Andre Cronje and him will quit contributing to the crypto space.
Andre and I have ecided that we are closing the chapter of contributing to the defi/crypto space. There are around 25 apps and services that we are terminating on 03 April 2022.
One of the said services is YearnFi - a front-end interface for Yearn Finance (YFI) that Cronje had been working on.
It's worth noting that this doesn't mean that Yearn Finance will stop working in any shape or form. However, Cronje is the one who came up with the protocol in the first place, and it was an iconic move back at the beginning of DeFi Summer in 2020.
However, the news was met with an instant nuke in YFI's price, which lost about 13% immediately and plunged to just above $17K from almost $20,000.
FTM is also down about 13% in the past 24 hours.
Commenting on the matter was also YFI's Banteg, who said:
People burying YFI, you do realize Andre hasn't worked on it for over a year? And even if he did, there are 50 full-time people and 140 part-time contributors to back things up.
As to whether or not Cronje plans to return, Anton Nell's thread indicates otherwise: