Market Cap
$9,553,328.1
Fully Diluted Valuation
$9,746,147.1
24 Hour Trading Vol
$8,295,461.3
Circulating Supply
38,596.0
Total Supply
39,375.0
Max Supply
39,375.0
DFI.Money Price
$247.52
24h Range
$245.76 - $260.04
Percent Change 1h
-0.58%
Percent Change 24h
-2.95%
Percent Change 7d
-5.61%
All-time high
$9,251.7
All-time low
$97.84
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7D
1M
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DFI.Money, commonly referred to as YFII, is a decentralized finance (DeFi) protocol that operates on the Ethereum blockchain and focuses on yield farming and liquidity provision. Launched in July 2020 as a fork of Yearn.finance (YFI), DFI.Money aims to enhance the yield farming experience by providing additional features and innovations. The YFII token is the native cryptocurrency of the platform, used for governance and incentivizing liquidity providers. As of 2024, DFI.Money has gained popularity for its unique yield optimization strategies, allowing users to maximize their returns on various DeFi protocols.
The DFI.Money project was initiated by a group of anonymous developers who were influenced by the growing DeFi space and the success of Yearn.finance. The founder, known by the pseudonym "YFII," launched the project to create a community-driven platform that would offer superior yield farming opportunities. The anonymity of the founding team is consistent with many projects in the cryptocurrency world, where decentralization and community governance are often prioritized. This approach fosters a sense of trust within the community, as the platform is run by its users rather than a corporate entity.
DFI.Money operates by aggregating various yield farming opportunities across different DeFi protocols. Users can deposit their cryptocurrencies into the DFI.Money platform, which then automatically allocates funds to the most profitable liquidity pools. The platform employs smart contracts to ensure transparency and security, enabling users to earn rewards in the form of YFII tokens or other cryptocurrencies.
Here’s a brief overview of how DFI.Money works:
DFI.Money provides several use cases that appeal to different segments of the DeFi community:
Ensuring the safety of your DFI.Money assets requires a combination of best practices in cryptocurrency security:
Investing in DFI.Money (YFII) or any other cryptocurrency involves several steps:
1. Choose a Reliable Exchange: Select a reputable cryptocurrency exchange platform like Coinbase, Binance, or Okx. These platforms allow you to buy, sell, and trade cryptocurrencies.
2. Create an Account: Sign up for an account on your chosen exchange by providing the necessary personal information and completing the verification process.
3. Fund Your Account: Deposit funds into your exchange account using various methods like bank transfers, credit/debit cards, or wire transfers.
4. Buy DFI.Money: Once your account is funded, you can purchase DFI.Money directly from the exchange. Choose the desired amount and complete the transaction.
Botsfolio is a platform that automates cryptocurrency investments using trading bots. To invest in DFI.Money using Botsfolio, follow these steps:
Botsfolio allows you to automate your cryptocurrency investments, potentially saving time and effort while optimizing your trading strategies.
DFI.Money (YFII) is currently trading at $247.52 and exhibits good potential for future growth. Check the latest DFI.Money (YFII) price prediction.
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