How was a token with none reserved for the team launched back then?
Before depositing funds into a yield aggregator, check which underlying protocols it uses. Problems at any layer could affect your funds.
From what I can tell, “fair launch” only refers to how tokens are distributed. It doesn’t mean the price won’t fluctuate wildly, nor does it mean the protocol is free from smart contract risks.
$YFI is Yearn’s governance token, with an initial supply of just 30,000 tokens.
#YFI
Before depositing funds into a yield aggregator, check which underlying protocols it uses. Problems at any layer could affect your funds.
From what I can tell, “fair launch” only refers to how tokens are distributed. It doesn’t mean the price won’t fluctuate wildly, nor does it mean the protocol is free from smart contract risks.
$YFI is Yearn’s governance token, with an initial supply of just 30,000 tokens.
#YFI