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What is DFI.Money

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What is DFI.Money (YFII)?

DFI.Money basic info

Name:DFI.Money

Ticker:

YFIIBuy now

Introduction:

What is DFI.Money?

DFI.Money, also referred to as YFII, is a DeFi platform that was created as a fork of the popular DeFi aggregator, yearn.finance (YFI). Its launch took place in July 2020, and it aims to maximize the benefits for DeFi participants by following the changes proposed in an upgrade plan called YIP-8. The platform's native token is YFII, which is a fixed-supply token that liquidity providers receive based on their interaction with the network. DFI.Money also offers a unique feature called the Vault, which it describes as its "killer product."

How does DFI.Money Work?

DFI.Money is a DeFi platform that allows users to join one or both of its two liquidity pools, which feature Curve (CRV) or Balancer (BAL). As a reward for providing liquidity, users receive YFII tokens. The platform also offers a unique feature called the Vault, which aims to provide users with potential returns on any token automatically, based on user-submitted strategies. This eliminates the need for users to manually set up transactions, making it a potentially useful tool for those seeking to optimize their DeFi participation. DFI.Money's protocol is community-owned and does not offer commercial incentives such as developer rewards by default. It caters to users of its predecessor, yearn.finance, who voted in favor of the YIP-8 upgrade plan, as well as new DeFi participants.

History of DFI.Money?

DFI.Money was created as a hard fork of yearn.finance, a DeFi returns aggregator developed by Andre Cronje. In July 2020, a proposal to safeguard liquidity provision from whales received 80% support among protocol participants but was not adopted due to not meeting yearn.finance's requisite 33% quorum requirement. Consequently, a group of users decided to hard fork the protocol to establish DFI.Money, which has its own token, YFII. The hard fork implemented the proposal, known as YIP-8, which adjusts YFII distribution every week, following a pattern popularized by Bitcoin (BTC).

Current price:

$385.72More price details

All-time high:$9,385.42

All-time low:$96.29

YFII supply and tokenomics

Circulating supply:38,596 YFII

Total supply:39,375 YFII

Max supply:39,375 YFII

Market cap:$14.89M

Fully diluted market cap:$15.19M

Links

Website:https://dfi.money/#/

X:https://twitter.com/dfimoney

Buy DFI.Money for $1Buy YFII now

What is the development prospect and future value of YFII?

The market value of YFII currently stands at $14.89M, and its market ranking is #1032. The value of YFII is not widely recognized by the market. When the bull market comes, the market value of YFII may have great growth potential.

As a new type of currency with innovative technology and unique use cases, YFII has broad market potential and significant room for development. The distinctiveness and appeal of YFII may attract the interest of specific groups, thereby driving up its market value.

What will the price of YFII be in 2025?

Based on YFII's historical price performance prediction model, the price of YFII is projected to reach $479.91 in 2025.

What will the price of YFII be in 2030?

In 2030, the YFII price is expected to change by -20.00%. By the end of 2030, the YFII price is projected to reach $650.55, with a cumulative ROI of +65.09%.

Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of YFII and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

YFII price YFII price prediction YFII news

Is YFII worth investing or holding? How to buy YFII from a crypto exchange?

If you want to buy YFII, the following information may be helpful for your investment decisions:

In the last 7 days, the price of YFII has fallen by -5.18%, leading to negative returns for most YFII investors. The market is currently pessimistic about the price trend of YFII.

It is important to note that the current price of YFII has retreated by -95.89% from its all-time high. This coin is currently considered high-risk, and while its price may rebound in the future, there is significant uncertainty.

Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.

To decide whether YFII is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.

Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in YFII or any cryptocurrency comes with certain risks and uncertainties.

Regardless of your outlook on the development prospects and future trends of YFII, if you want to buy or sell YFII, you can consider Bitget for your trading needs. The best place to buy YFII is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.

Investing in DFI.Money has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy DFI.Money. Here's a step-by-step guide on how to buy DFI.Money on Bitget.

Buy YFII now Coin buying guide

How to get DFI.Money through other methods？

Using cash to buy DFI.Money is not the only way to obtain DFI.Money. If you have the time to spare, you can get DFI.Money for free.

Learn how to earn DFI.Money for free through the Learn2Earn promotion.

Earn free DFI.Money by inviting friends to join Bitget's Assist2Earn promotion.

Receive free DFI.Money airdrops by joining ongoing challenges and promotions.

All crypto airdrops and rewards can be converted to DFI.Money through Bitget Convert, Bitget Swap, or spot trading.

What is DFI.Money used for and how to use DFI.Money?

The use case of DFI.Money may expand as the crypto market and the project itself develop. Currently, you can use YFII to achieve the following goals:

Arbitrage by trading YFII: Since YFII is a frequently traded cryptocurrency, the price of YFII is always fluctuating. Earn more YFII by buying low and selling high on the exchange. Bitget spot market provides a variety of YFII trading pairs to fully meet your needs.

Earn by staking YFII: You can also generate income through financial management methods such as staking YFII or lending YFII. Bitget Earn offers a variety of financial products designed to help you earn more income from your YFII.

Send or pay YFII: If you want to give YFII to your friends, a charity, or a fundraiser, or you want to pay someone with YFII, you can quickly and easily send YFII to the recipient through their payment address.

You can also go to the official website of the DFI.Money project to learn more about the use cases of YFII. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

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