Dear Tokenizer community,
We are excited to announce that Yearn Finance (FYI) has been listed on Tokenizer DEX!
The available trading pairs are YFI/TOKN, YFI/WETH, and YFI/DAI.
About Yearn Finance (YFI)
Yearn Finance is a decentralized finance (DeFi) platform that performs several functions, such as aggregated liquidity, leveraged trading, and automated marketing making.
YFI is the native currency that fuels all the activities of the Yearn Finance ecosystem. You can earn YFI by creating liquidity in Yearn Finance’s liquidity pools and use it for platform governance. The ecosystem currently automates yield farming strategies by moving providers’ funds between platforms, such as dydx, Aave, and Compound.
YFI recently experienced an impressive price performance. The coin’s price skyrocketed by over 110,377% in the first two months of its launch. At the time of its launch, the value of YFI was already impressive, double the ETH price. By September 1, it hit its ATH, becoming the most valuable digital asset in the cryptocurrency space’s history.
Because of this impressive performance and the crypto community’s high demand, we acknowledged the need to list the coin in our DEX. As highlighted above, we shall start by supporting three trading pairs and add more with time.