Learn about YFI, Yearn.Finance's governance token, its price and how to buy it
Sep 30, 2023
YFI is the governance token of the Yearn.Finance platform, a liquidity aggregator that seeks the best returns on DeFi platforms. Yearn.Finance's goal is to of...
Basic information and price of YFI
What is Yearn.Finance?
Technically speaking, Yearn.Finance is a liquidity aggregator. That is, within its ecosystem, resources from other DeFi platforms are converted into synthetic assets with the aim of offering the best possible yields. Thus, it is possible to earn passive income with no need to research the entire DeFi market. To take part of this ecosystem, it is necessary to own YFI, the platform's native token.
What is the price of YFI token?
Launched in July 2020, YFI has a maximum supply of 36,666 units. All tokens are in circulation and the unit price as of June 2022 was approximately 4914 USD. Even if all the tokens are in circulation, it is possible to buy YFI on the market.
How to buy YFI?
YFI can be purchased on DeFi platforms like Yearn.Finance and through an exchange like Bitso. On our app or website you can purchase YFI and many other crypto assets. With an initial deposit of 5 USD, you can convert your money into crypto easily, quickly and safely!