YFI is a sub-governance token of yearn.finance made by Andre Cronje and his team. No pre-mine. No pre-sale. No investors. As it was DeFi. Andre portrays YFI as a “0 financial value” token. Popular DeFi cryptocurrency YFI broke a record, beating
Bitcoin’s (BTC) all-time high. YFI has achieved significant success in the cryptocurrency world. The cryptocurrency continued to rise after breaking the record for BTC. There are 30 thousand of YFI. This means that if the demand increases, the price will also be affected positively and go up. On July 17, 2020, Cronje announced that Yearn Finance, the data collection platform, would be included. Andre Cronje’s statements were exactly as follows; “We have published YFİ, which is a completely worthless token with more to give up this protocol. We repeat its financial value is 0. No mining, no sales, no you can’t buy, no, it won’t be in Uniswap, no, there won’t be auctions. We don’t have any.”
What is Cryptocurrency?
A cryptocurrency is a digital or virtual currency designed to work as a medium of exchange. It uses cryptography to secure and verify transactions and control new units of a particular cryptocurrency.