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Yearn Finance (YFI) token has been skyrocketing since it announced the integration of Fantom Blockchain.
The token has gone up by more than $6,700 since December 14 and the bullish trend seems to be gathering momentum daily.
To help investors and traders who are eyeing the Yearn Finance token, Invezz has created a brief article to help with identifying the best places to buy it.
To find out more, please continue reading.
Best places to buy Yearn Finance coin
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What is Yearn Finance (YFI)?
Yearn Finance (YFI) is the native token of the Yearn Finance blockchain.
In a nutshell, Yearn Finance is a blockchain platform that offers aggregator services to decentralized finance (DeFi) investors. It was launched in February 2020 under the name iEarn before rebranding to Yearn Finance. It applies automation in helping the investors to maximize their profits from yield farming.
Yearn Finance makes it easy for even those with little knowledge of DeFi to participate and earn from DeFi platforms.
Should I buy the YFI token today?
If you are looking to invest in a DeFi aggregator token that that is on the rise, then the Yearn Finance (YFI) is a good choice.
Nevertheless, you should be aware of the fact that buying the cryptocurrency market is extremely volatile.
Yearn Finance price prediction
Analysts expect the current FYI Bull Run to continue to the end of the year. The majority expect the token to hit $30,000 before the start of 2022.
$YFI social media coverage
Yearn Finance Integrates Fantom Blockchain into DeFi Platform https://t.co/cnlE8W7qs0
— DeFi Signals (@DeFiSignals) October 14, 2021
Quite unexpectedly (for me in any case, because I wasn't paying attention ☺️) #yearnfinance made a big move upwards.
Might have something to do with their tokenomics being improved. let's see if $YFI can keep this up. pic.twitter.com/ZqNbqNhljO
— 0xJelle (@0xJelle) December 17, 2021
The post Yearn Finance surging after integrating Fantom Blockchain: here is where to buy YFI token appeared first on Invezz.
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.