Crypto Market Cap$1,031,943,181,1610.72%
Staking Market Cap$228,047,539,5901.83%
Locked in Staking$44,836,907,7542.4%
Proof of Stake Dominance63.69%0.28%
Average Reward Rate19.79%0.02%
Average Total Staked19.66%0.55%
Crypto Market Cap$1,031,943,181,1610.72%
Staking Market Cap$228,047,539,5901.83%
Locked in Staking$44,836,907,7542.4%
Proof of Stake Dominance63.69%0.28%
Average Reward Rate19.79%0.02%
Average Total Staked19.66%0.55%

yearn.finance

YFI

About yearn.finance

yearn.finance is a DeFi yield aggregator, governed by YFI token holders. The market cap is $1,149,519,954 and the 24h volume is $1,003,230,706.

Price
$38,284
24h Change
6.39%
Reward
1.12%
Score
52.69%
Total Staked
11.29%
Enter your YFI amount$38,284,000
Monthly Earning$0
0 YFI
Yearly Earning$0
0 YFI

Staking yearn.finance

yearn.finance blockchain consensus is achieved via the Ethereum Blockchain. Investors can leverage their crypto via staking. Currently there are 2 options to earn passive income and staking rewards with your yearn.finance investment as outlined below.

Stake YFI

Annual Reward: 1.12%
Adj. Reward: +1.12%
Complexity Rating: moderate
Risk Rating: moderate

Lend

FAQ's

  • How to stake YFI?

    Holding YFI gives the right to claim your shares in the yearn.finance rewards contract.

    To stake your YFI tokens, simply visit https://ygov.finance/ and initiate the staking transaction to the governance smart contract.

  • How much can i earn staking YFI?

    The yearn.finance ecosystem earns rewards. These include, but are not limited to yearn.finance interest, COMP from compound, CRV from curve.fi, curve.fi/y trading fees, ytrade.finance leverage fees and liquidation bonuses, yswap.exchange underlying system fees, yliquidate.finance liquidation bonuses, system dust (unassigned interest or fees).

    These fees will be collected on a daily/weekly basis and can be requested by the governance contract. Once claimed they are distributed to the vault contract. The vault contract normalizes the rewards to aDAI (Aave’s wrapped interest-bearing DAI) via 1split.eth (1inch.exchange’s on-chain dex) and sends the funds to the rewards contract.

    The rewards contract can be found at;

    0xcc9EFea3ac5Df6AD6A656235Ef955fBfEF65B862

    At any given point in time, YFI holders can claim their share of rewards by burning their YFI tokens. The amount redeemed is equivalent to the share being burned / total supply of the token. So if there is 1 aDAI in the contract, and 1 token, burning the 1 token will reward 1 aDAI.

    It is the choice of the YFI holder when they wish to redeem. As the system AUM and usage grows, so does the fees, and respectively the rewards pool.

Last updated: 2021-01-18 01:48:08