news_page.left_sidebar.coin_overview.title
news_page.left_sidebar.coin_overview.link_one
news_page.left_sidebar.coin_overview.link_three
news_page.left_sidebar.coin_related.title
news_page.left_sidebar.coin_related.link_one
news_page.left_sidebar.coin_related.link_two
news_page.left_sidebar.coin_related.link_three
news_page.left_sidebar.coin_related.link_four
news_page.left_sidebar.coin_related.link_five
news_page.left_sidebar.coin_related.link_six
news_page.left_sidebar.coin_related.link_seven
news_page.left_sidebar.trade_related.title
news_page.left_sidebar.trade_related.link_one
news_page.left_sidebar.trade_related.link_two
news_page.left_sidebar.trade_related.link_three
news_page.left_sidebar.trade_related.link_four
news_page.left_sidebar.trade_related.link_five
news_page.left_sidebar.trade_related.link_six
news_page.left_sidebar.trade_related.link_seven
news_page.left_sidebar.trade_related.link_eight
news_page.left_sidebar.trade_related.link_nine
news_page.left_sidebar.trade_related.link_ten
coin.price_trendingYFII
technical.price_summary.title
technical.price_summary.p1
technical.price_summary.p2
coin.prediction
technical.price_summary.p3
coin.prediction_question
coin.prediction_question
rating.title_new
coin.about_title
What is DFI.Money?
DFI.Money, also referred to as YFII, is a DeFi platform that was created as a fork of the popular DeFi aggregator, yearn.finance (YFI). Its launch took place in July 2020, and it aims to maximize the benefits for DeFi participants by following the changes proposed in an upgrade plan called YIP-8. The platform's native token is YFII, which is a fixed-supply token that liquidity providers receive based on their interaction with the network. DFI.Money also offers a unique feature called the Vault, which it describes as its "killer product."
How does DFI.Money Work?
DFI.Money is a DeFi platform that allows users to join one or both of its two liquidity pools, which feature Curve (CRV) or Balancer (BAL). As a reward for providing liquidity, users receive YFII tokens. The platform also offers a unique feature called the Vault, which aims to provide users with potential returns on any token automatically, based on user-submitted strategies. This eliminates the need for users to manually set up transactions, making it a potentially useful tool for those seeking to optimize their DeFi participation. DFI.Money's protocol is community-owned and does not offer commercial incentives such as developer rewards by default. It caters to users of its predecessor, yearn.finance, who voted in favor of the YIP-8 upgrade plan, as well as new DeFi participants.
History of DFI.Money?
DFI.Money was created as a hard fork of yearn.finance, a DeFi returns aggregator developed by Andre Cronje. In July 2020, a proposal to safeguard liquidity provision from whales received 80% support among protocol participants but was not adopted due to not meeting yearn.finance's requisite 33% quorum requirement. Consequently, a group of users decided to hard fork the protocol to establish DFI.Money, which has its own token, YFII. The hard fork implemented the proposal, known as YIP-8, which adjusts YFII distribution every week, following a pattern popularized by Bitcoin (BTC).
technical.performance.title
technical.history.title
coin.market_info
coin.to_locale_currency
coin.locale_currency_calculator- 1
- 2
- 3
- 4
- 5
coin.how_to_buy
calculator.htb.step1_title
calculator.htb.step2_title
calculator.htb.step4_title
coin_news.title
category.detail.seemorecoin.newly_coins.title
coin.buy_more.title
faq.name
faq.one
faq.two
faq.third
faq.fourth
seo_faq.qustion1
seo_faq.qustion2
coin_price.buy_coin_title
video_section.h2_title
price_sidebar.trade
common_header.earn
BTC/USDT
price_sidebar.spotBTC/USDT
price_sidebar.marginBTC/USDT
price_sidebar.usdt_mBTC/USD
price_sidebar.coin_m
coin_price.social_data
coin_price.social_description1
coin_price.social_description2
coin_price.social_description3
coin_price.social_description5
coin_price.social_description6
coin_price.all_social_overview
3