Let’s talk about Andre Cronje.
In July 2020, Andre Cronje launched the YFI governance token, with an initial supply of 30,000 tokens.
One thing many people overlook: yield aggregator protocols pool deposits to execute strategies, which can spread out the gas costs of frequent rebalancing for individuals, but also add several layers of smart contract risk.
Before depositing funds into a yield aggregator protocol, understand which underlying protocols it uses. A problem at any layer could affect your funds.
$YFI is Yearn’s governance token, with an initial supply of just 30,000 tokens. Its current price is 2015.
#YFI