YFI is coming to ZebPay! Trading goes live today, and soon you can take part in governing 2020’s most exciting yield-farming protocol.
YFI is coming to ZebPay! Trading goes live today, and soon you can take part in governing 2020’s most exciting yield-farming protocol.
Imagine investing in a mutual fund whose manager worked for you non-stop, around the clock. That’s basically what investing in Yearn.finance (or yEarn) is like.
YFI is the cryptocurrency that governs the yearn.finance platform.
YFI is a governance token, like a company share with voting rights.
When you buy YFI on ZebPay, you have the power to make decisions about how people can use yEarn. Governance tokens like YFI are crucial component in making DeFi truly decentralized, since decision-making power is now spread across many hands. YFI first launched in July 2020, and the token has since rallied from from $3 to $21,000 at the time of writing.
Interestingly, yEarn’s creator chose to not keep any YFI tokens for himself.
