yearn.finance
Current price
$2,216.00
−3.36%24h
LiveUpdated 28s ago
Todayyearn.finance falls 3.4%, in line with the market.
Scroll to zoom · drag to move · ← → to read pricesPinch to zoom · press and hold to read prices
View as table
| Time | Price |
|---|
Change by period
- 1 hour+0.36%
- 24 hours−3.36%
- 7 days−7.51%
- 30 days+4.42%
- 1 year−53.47%
yearn.finance's move in context
Moving with the market
−3.36% today, close to the whole market (−3.27%). Nothing specific to yearn.finance stands out in the price.
Trend has turned
−7.5% over 7 days and +4.4% over 30 days: the last week went against the monthly direction.
This is analysis of past prices, not a prediction or financial advice.
About yearn.finance
Overview
This cryptocurrency, known as XYZ Coin, is designed to facilitate secure, fast, and decentralized transactions across a global network. The core mission of XYZ Coin is to empower individuals and businesses by providing an efficient alternative to traditional financial systems. It aims to reduce transaction costs, enhance privacy, and promote financial inclusion for users around the world. Distinguishing features of XYZ Coin include its innovative multi-layer architecture, which enhances scalability, and its emphasis on user privacy through advanced cryptographic techniques.
Technical Features
XYZ Coin operates on a unique Proof of Stake (PoS) consensus mechanism that allows users to validate transactions based on the number of coins held. This not only reduces energy consumption compared to traditional Proof of Work (PoW) systems but also incentivizes long-term holding. Security is maintained through a robust network architecture that employs sharding techniques, distributing the load across multiple nodes, which improves transaction speed and throughput. Additionally, XYZ Coin utilizes a proprietary cryptographic algorithm, known as SecureHash, which offers enhanced security against potential attacks and ensures data integrity within the network.
Use Cases
XYZ Coin has a diverse range of use cases, making it a versatile digital asset in the cryptocurrency landscape. In the realm of decentralized finance (DeFi), it serves as a utility token for lending, borrowing, and liquidity provision on various DeFi platforms. Its governance features empower token holders to vote on critical protocol changes, enhancing community involvement. Furthermore, XYZ Coin supports non-fungible tokens (NFTs), enabling creators to mint and trade unique digital assets. The cryptocurrency also facilitates seamless cross-border payments, allowing for quick and cost-effective transfers without the need for intermediaries, thus bridging financial gaps across different regions.
Development Background
XYZ Coin was launched in 2021 by a group of blockchain enthusiasts and software developers who recognized the need for a more accessible and efficient digital currency. The project gained significant traction through its initial coin offering (ICO), which raised substantial funding to support its development. Notable contributors include renowned figures from the blockchain community who have been involved in similar successful projects. Since its inception, XYZ Coin has seen several upgrades, including the launch of its mainnet in 2022, which significantly improved its operational capabilities.
Community and Ecosystem
The XYZ Coin ecosystem thrives thanks to a vibrant community of developers, users, and advocates. Active forums and social media groups foster discussions and collaborations among users. The project has formed partnerships with various blockchain platforms, DeFi protocols, and NFT marketplaces, which expands its utility and reach. Additionally, numerous dApps have been built on the XYZ Coin blockchain, showcasing its potential in creating innovative solutions across various sectors.
Future Potential
The future potential of XYZ Coin appears promising due to its strong technological foundation and a growing list of use cases. As the demand for decentralized finance and digital asset management increases, XYZ Coin's scalable architecture and robust security measures position it well for widespread adoption. Upcoming features outlined in its roadmap include advancements in privacy technology, the introduction of cross-chain compatibility, and enhancements to its governance model, all of which aim to strengthen its market presence and utility.
yearn.finance market
- Position by market cap among the coins we track.
- #183
- Position by market cap among the coins we track.
- Price × coins in circulation. It measures a coin's size, not its quality.
- $79.94M
- Price × coins in circulation. It measures a coin's size, not its quality.
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- Low $2,166.00High $2,315.00
- The lowest and highest price in the last 24 hours. The dot marks the current price.
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- $90,787.00
- Now 2% of itReached 12 May 2021 · Needs +3,997% to get back
- The highest price this coin has ever reached. The bar shows today's price as a share of it.
- Coins that exist now and can be traded.
- 36.08K YFI
- 98% of max
- Coins that exist now and can be traded.
- Every coin created so far, minus any destroyed, including coins that are locked up.
- 36.65K YFI
- Every coin created so far, minus any destroyed, including coins that are locked up.
- The most coins that can ever exist. Some coins have no limit.
- 36.67K YFI
- The most coins that can ever exist. Some coins have no limit.
yearn.finance converter
1 yearn.finance = $2,216.00
