The below yearn.finance price chart tracks the price of yearn.finance against AUD over time. The rate shown is indicative only as actual buy / sell rates depend on market liquidity and fees at the time of quotation.
✓Decentralized finance platform
✓Aiming for high annual yields
The yearn.finance project was developed to restore simplicity to what has become an increasingly complex field in decentralized finance protocols.
Among a variety of functions, the platform seeks to provide the highest possible yield by moving users’ funds in and out of different DeFi protocols that are integrated in the ecosystem.
The utility token of the platform (YFI) can be earned by making active contributions and deposits into the protocol’s liquidity reserve as well as being utilised for platform governance.
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