Category: YFI

Yearn.Finance founder Andre Cronje releases new DeFi protocol yCredit

Yearn.Finance founder Andre Cronje releases new DeFi protocol yCredit

Yearn.Finance founder Andre Cronje has released a new decentralized finance (DeFi) protocol called yCredit. It allows users to deposit ERC-20 tokens and receive 99.5% worth of deposits as a credit line in the form of yCREDIT tokens. For instance, if a user deposits $100 worth of ETH, they will receive $99.5 worth of yCREDIT. If […]

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Yearn.Finance founder Andre Cronje introduces new DeFi protocol ‘Deriswap’

Yearn.Finance founder Andre Cronje introduces new DeFi protocol ‘Deriswap’

Andre Cronje, the founder of the popular decentralized finance (DeFi) protocol Yearn.Finance, has introduced a new project. Dubbed Deriswap, Cronje’s new protocol combines different segments of DeFi — swaps, options, and loans — into one platform. “Deriswap allows for a consolidated, capital efficient market for trading, Options, Futures, and Loans, allowing LPs [liquidity providers] to […]

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Yearnify Finance (YFY) Hidden Gem – Decentralized Finance Project, Pre-Sale Round 2 Is Now Live

Yearnify Finance (YFY) Hidden Gem – Decentralized Finance Project, Pre-Sale Round 2 Is Now Live

PRESS RELEASE. Yearnify Finance is considered as one of the most innovative sources of passive income by most of the investors. It has drawn attention due to its potential high returns and extreme security measures. What is Yearnify Finance? Yearnify Finance is a community-centered DeFi-project, modeled to take the successful features of Yearn Finance (YFI), […]

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DeFi Digest: Hedge contracts

DeFi Digest: Hedge contracts

Quick Take Disclaimer: The Block Research team has, is, and will be experimenting with the various protocols, projects, and applications mentioned in this series. The projects mentioned in our reports are not recommendations from our team and should not be misconstrued as investment advice. Many projects that appear in this series are highly experimental and, […]

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DeFi Market Outperformed Overall Crypto Market by 18.4% Weekly Gains

After a significant correction through October 2020, the DeFi market has bounced back very strongly once again. Over the last week, the DeFi market has outperformed the overall crypto market in terms of the overall percentage gains. The Defi market cap surged 18.4% over the last week against the overall crypto market gaining 11.4%. Moreover, […]

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Yearn.finance price rockets to $20,000 as DeFi roars awake

Yearn.finance rolls to life again after embracing a market bottom at $8,000. The DeFi boom is quickly coming back as tokens within the sector record impressive gains. Yearn.finance is among the biggest gainers in the last 24 hours following an impressive rally. The decentralized finance (DeFi) project is up over 27% to change at $18,790. […]

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DiFy.Finance (YFIII) Is an In-Development Software Fork of Yearn.Finance (YFI)

DiFy.Finance (YFIII) Is an In-Development Software Fork of Yearn.Finance (YFI)

DiFy.Finance, like YFI, the platform it is based on, is an environment of decentralized finance (DeFi) lending aggregators: it allows users to provide liquidity for the ecosystem by parking their cryptocurrency tokens in a smart contract vault and earning interest in return. By the virtue of it being an aggregator of lending services, YFIII users […]

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YFI founder Andre Cronje clarifies his famous ‘test in prod’ approach

YFI founder Andre Cronje clarifies his famous ‘test in prod’ approach

Andre Cronje, the founder of decentralized finance (DeFi) project Yearn.Finance (YFI) has clarified his popular “test in prod” statement. In a blog post published Thursday, Cronje said he has come to “regret” this statement. “Anyone that has listened to some of my interviews, will know I have this statement so that people use caution. It […]

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Yearn.finance: YFI could dump again if this resistance is not flipped into support

Yearn.finance immediate upside capped by the 50 SMA as bearish pressure intensifies. On-chain analysis suggests that the path with the least hurdles is downwards. Yearn.finance has lost a great deal of its value since it traded an astronomical all-time high of $44,000. The 4-hour chart illustrates the several attempts made to regain the lost ground. […]

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