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yearn.finance

YFI

About

yearn.finance is a DeFi yield aggregator, governed by YFI token holders.

$1,064,992,847

$21,081,769

1.95%

Bet your HEARTS
Will the YFI Price be higher or lower in
days ?

Higher

Lower

7d
30d
90d

-17.8%

$30,008

Reward Options
Risk
Complexity
Reward
Adj. Reward
Minimum
Lock Up
Avg. Fee
Participating
Stake YFI
Risk
moderate
Complexity
Reward
8.49%
Minimum
-
Lock Up
-
Participating
-
Adj. Reward
8.49%
Avg. Fee
-
Lend YFI
Risk
Complexity
moderate
Reward
2.36%
Minimum
-
Lock Up
-
Participating
-
Adj. Reward
2.36%
Avg. Fee
-

Advanced calculator

Revenue over time (USD / week)

Total Reward Rate

0%

or 0% annualized

Est. Monthly Earning

$0

0 YFI

Est. Yearly Earning

$0

0 YFI

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: 2021-09-25 06:35:15