In summary: Yearn Finance (YFI) has eclipsed Bitcoin’s value and posted a new all-time high of $16,700. The popularity of DeFi is one reason YFI is gaining in the market. YFI has a very low circulating supply of 29,962 making it very responsive to demand. YFI is the sole governance token of Yearn Finance and is distributed to users who provide liquidity on the platform. As Bitcoin traders are busy analyzing the possibility of BTC breaking and maintaining $12k, another […]
