Trading Notes | Andre Cronje
① In July 2020, Andre Cronje issued the governance token YFI, with an initial total supply of 30,000.
② Yearn’s earliest product automatically allocated users’ deposited funds to lending protocols offering higher yields, eliminating the need to move funds around manually.
③ Before depositing funds into a yield aggregator, check which underlying protocols it uses. Problems at any layer could affect your funds.
$YFI 1990(-2.97%)
#YFI
① In July 2020, Andre Cronje issued the governance token YFI, with an initial total supply of 30,000.
② Yearn’s earliest product automatically allocated users’ deposited funds to lending protocols offering higher yields, eliminating the need to move funds around manually.
③ Before depositing funds into a yield aggregator, check which underlying protocols it uses. Problems at any layer could affect your funds.
$YFI 1990(-2.97%)
#YFI