DFI.Money
Price
YFII
About DFI.Money
DFI.Money (YFII) is a decentralized financial platform that aggregates data from multiple blockchains. The work aims to make DeFi investing easier by routing your cryptocurrency holdings to high-yield accounts mechanically. Users can access services that help farmers, stakeholders, and lenders maximize their returns on investment through the network.
DFI.MONEY Team
Andre Cronje's yearn.finance, an aggregator for DeFi returns, inspired DFI.MONEY. Cronje departed the early 2020 iteration of yearn.finance, iEarn, only to return and continue its development once DeFi gained traction in the mainstream.
How it works
Low Returns
DFI.Money does not just address the problem of investor perplexity but also the issue of poor returns. It can be challenging to keep track of many pools in different environments.
As a result, most financiers will opt for the safer but less fruitful option of focusing on a single pool. Any investor can use DFI.Money to transfer money across different lending protocols, such as Compound and Aave.
Transaction Fees
DFI.Money's minimal transaction fees are a significant benefit. Expenses can mount up if you manually move farming pools across different platforms. Depending on the pool's efficiency and network conditions, these fees may reduce your profits or wipe them out entirely. DFI.Money gives you a choice that streamlines the procedure overall and boosts your profits.
Multi-Chain
DFI.Money is a DeFi ecosystem that functions as a multi-chain platform. The technology connects users to pools in the Binance Smart Chain and Ethereum environments. This method, which uses token bridges to facilitate asset transfers between various networks, increases liquidity.
BeInCrypto takes a look at the seven altcoins that increased the most over the past seven days, from July 30 to Aug 6. The post Magnificent Seven: VGX, MINA, YFII, RUNE, LUNA, QNT, EGLD — Biggest Gainers July 30-Aug 6 appeared first on BeInCrypto.
BeInCrypto takes a look at the seven altcoins that increased the most over the past seven days, from July 30 to Aug 6. The post Magnificent Seven: VGX
Bitcoin (BTC) is making another attempt at breaking out above the $40,550 resistance area. Technical indicators support the breakout.
Bitcoin (BTC) is making another attempt at breaking out above the $40,550 resistance area. Technical indicators support the breakout.
Bitcoin (BTC) has bounced after creating a double bottom pattern. It's likely trading inside an A-B-C corrective structure.
Bitcoin (BTC) has bounced after creating a double bottom pattern. It's likely trading inside an A-B-C corrective structure.
Yearn.Finance (YFI) created a double bottom pattern and broke out from a descending resistance line afterwards. The post YFI & YFII Reclaim Important Levels, Could Lead to DeFi Index Bounce appeared first on BeInCrypto.
Yearn.Finance (YFI) created a double bottom pattern and broke out from a descending resistance line afterwards. The post YFI & YFII Reclaim Important
Bitcoin (BTC) has reclaimed the $31,300 support area but has not confirmed a bullish reversal. A bullish divergence is developing.
Bitcoin (BTC) has reclaimed the $31,300 support area but has not confirmed a bullish reversal. A bullish divergence is developing.
DFI.Money (YFII) is showing bullish reversal signs. However, it has to break out above $2540 to confirm the bullish trend reversal.
DFI.Money (YFII) is showing bullish reversal signs. However, it has to break out above $2540 to confirm the bullish trend reversal.
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YFII
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