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Generally i was checking altcoins chart on coingecko for trading purpose and i found yearn finance founded by Andre Cronje! This token was able to hit $43k milestone from $31 within just two months from launch. It might be a simple thing in crypto world but i'm remembering it because of it drew attention when it hit $90,786.89 ATH on May 12, 2021 which is bigger than bitcoin price. I'm not comparing it with btc but this is the coin which cross bitcoin price lol.
 What do you think about this altcoin? Will it be worth in upcoming years?

Price does not matter, what matter is market cap, it hit over 90k usd in price, yes, but did the market cap pass that of bitcoin? No!

And also remember that yearn finance is just about 30k tokens in total supply while bitcoin is 21m, with bitcoin's current market cap, what do you think the price of bitcoin will be if total supply of bitcoin was below 50k? $500,000? $1,000,000? Do the calculation yourself and see.
Yearn finance is a good project in the days of its reign, but I think it's outdated now, there are several other better projects to invest in now  rather than tie alot of money into this one.

If anyone create a altcoin with very low supply like only 3k which is 10x smaller than YFI, then that could surpass yearn finance maybe with 10x more value which Won't be wondering but yeah, as far i know, only YFI surpassed btc value for first time. Well i don't Have much to say about YFI. I doubt about its existance cause similar project like YFI come in market as well as performing better than it

not sure all low supply coins can be like YFI.  I think the determining factor for YFI to reach the current price is that the YFI concept is in line with the roadmap and that could be one of the things that makes the public market respond well to YFI.  I think that is the real factor

I remember this project because they are getting traction in the market with their high price.
And before, they had no operational services yet but their price was quite expensive already.
So I was thinking, where did it come from? Seemed that the team injected money in their market before.
But it is good that upon checking the site now, they are out of beta and their services are already up.
I thought, they will never get out of beta. But look at their ATH at 90k. They are way way below from that level now.

the price was so high due to the small tokens in circulation. i shound remind you that if yearn finance hype has also become the main thing that has brought the price into the new ath. yearn finance was the first platform that was introducing the defi concept. people are also very exciting with yearn finance at that time. that's why the price was so high but andre was also creating new project after that called keeper but this one didn't work perfectly like yearn as it's only a reward platform for developers who help developers to fix or find bug. this token is not getting any hype anymore. i doubt if this will become a  good investment next year.

It was a sign of short growing but it can't be tested like that. It was very overwhelming to see its price surpassing Bitcoin's ATH but this is not how to measure the capabilities of the project. Might it has but the question is how long it was able to sustain to be at the top of that was we called hype and it suddenly it has gone like a bubble. I don't want to think that sad ends but it was good to familiarize its market potentials or maybe, they could able provide the demand. And if that going to happen, we can expect a long life of this project.

Yearn finance platform is still having very big TVL despite the fact so many new defi platforms already exist in the market but YFI as the first defi platforms are still become the favorites defi of all passive income hunters.
This will worth to buy but i doubt if the price will be so high again but nothing impossible for this token. The only problem is this defi was lack of innovation. The crypto trend is always moving forward so fast. YFI needs to do what another platforms did to follow the new trend in the cryptocurrency market. So far this token was promising to be used as long term investment and the price looks very stable at this moment too.

Who knows it's supply is literaly so small so we can expect it to be more higher on btc if the demand is high. Andre Cronje legacy somehow still here and he keeps innovating since he is a great guy. Luckily those who grab this coin at an early stage cause the price still reasonable and for some reason Cronje is definitely got a lot of supports from technicals and degen hypes. So chances of getting it hike is not impossible.

I can't remember if it hits that all time high price  which is bigger not anyone else have seen in the market so far. But in any case, yeah, I still remember it, a lot of hype around it sometime ago, and scammers are cyber criminals used to target it and create a lot of fake and similar YFI finance sites and many has join the bandwagon.

But for me this is just a hype, so not sure if it will be worth in the future or not.

Price is matter but eveyrone can make low supply ex.100 and add liquidity on pancake and boom your token cmight supprass the bitcoin price

in fact before token exist there altcoin have high price


but YFI is still considering good token still on top 200 MCap and good development so you can give a shot

Not very much interested in the token but I remember this is one of the first Defi projects. I have learned nothing about them, however. The token was in the top 50 in early 2021, seem very odd to see only a few people are talking about the project and not many social media anymore for it. We're only reminded again of the project when it goes more than 80K.

It's once again in the bottom price, anyone is buying could get a good profit if this correct won't continue to bear market.

I've remembered that coin and it has started the 'finance' saga. Well, just like the meme coins, it was on hyped before but right now. I don't think that it's a good investment for me.
If there's still a large demand for it, think before buying it, and if that's enough for you to believe in this project. Yeah, the price is high and we don't mind even it goes higher than bitcoin but this time, we don't know if it will still.

I remember that moment. It was for some days at higher price than bitcoin at that time. Actually it was my friend who found out the price and I was making fun of him saying no coins are as valuable as bitcoin. And I was found wrong.
YFI is still over 30.5K and is going strong and has a fantom version as Ethereum is hard to work with. But I don't think it would rise similar to bitcoin as there's a lot of competition in DEFIs and investors seems to be focused on diversifying.

Yearn Finance is an Altcoin with DeFi utility, I don't think it's worth buying it now, because there are so many Altcoins with other DeFi utilities that still have a low market cap.

If you ask me for advice, then I would suggest looking for other Altcoins that are in the early stages to get more profit.

I remember when YFI was listed first above bitcoin on CMC and that caused many reactions that bitcoin is losing spot but people didn't know that bitcoin still has volume above the token and currently YFI is taking it back stage below bitcoin. About investment on it, I will still prefer bitcoin far above it.

With the total supply of YFI coin, which does not exceed 36,666 tokens, it can achieve a fantastic price in the event that large funds are invested by financial institutions and large investors, but it cannot achieve a market value higher than the market Bitcoin, for this reason, it is unlikely that the price of yearn finance will greatly increase.&&
YFI can create a huge success in the crypto-world, but along with it, we also need to prepare itself for the road ahead of us, including security and other aspects we have to keep in mind before investing.

Its marketcap couldn't surpass Bitcoin at the time it hit that ATH simply because it's total supply is 36,666 while Bitcoin stood at a whopping 21 million (when compared to YFI). At a point, because of what the YFI token achieved within a short time, developers of new projects at the time had to add the "YF" tags to their projects, the same way a lot did with "Shiba" and "Inu" when Shiba Inu became a hit. Well, on YFI; I believe that it's going to stay a lot longer on the scene. It's not going to be a flop like many projects before and after it. It sits currently at $31k plus, slightly around $15k less than what Bitcoin price is today. That's a good thing. It still shows strength.

That was amazing moment to see other altcoins takes over Bitcoin, but it didn’t last since this is not good fundamentally compare to Bitcoin and still the support of Bitcoin was big as expected and that’s why it was able to rise again. Honestly, without a hype no altcoins can take over Bitcoin in just a months, that’s not healthy for me.

Full of hype that did’t last longer to protect its value and I still see this as a risky project before fortunately I didn’t join the hype and choose to invest on Bitcoin instead, now I’m still buying because the price is cheap and this is a good time to buy more. There’s a lot of hype tokens before, most of them is dead already.

This token ranks second in price on coinmarketcap. It is very difficult to predict the price of such tokens due to their small Total Supply.
I would be wary of buying this token because it is a fake project that accidentally became popular. Better to invest in coins that have clearer perspectives.

Let us say, it is not a fake project but what I was curious about this project is how come they have very high value in the market, considering that I don't know many people using their services. When their platform was not yet up and running, their price was already expensive, so what I thought before was, this was manipulated by the team themselves or their cohorts. Their total supply is very low, this is the given reason why they can give a higher price on this project. But are there really people using their defi platform? Sooner or later, we will see the true value of this project, it is now already about one third of its ATH, so I believe, they will go down more.

I wrote it wrong, so I found the original source where Andre Cronje talks about the price of the token:
"Last month, Cronje tried to put some distance between himself and his protocol by creating YFI. The so-called governance token, issued as a reward for people using his protocol, lets holders run the network. Cronje intended for YFI to be “a completely valueless 0 supply token,” he wrote in a blog post. “We reiterate, it has 0 financial value.” "
https://decrypt.co/37995/exclusive-yfi-andre-cronje-broke-quitting-defi
https://medium.com/iearn/yfi-df84573db81

Price of a coins is determined by the circulating supply and current money invested in the price which is the market capitalization. The total supply doesn't even have much effect expect for its physiological effects for those who understands how that can affect the price in the future and influences their decision to invest. This is to say you don't look at the price when considering how effective a project has been. Any coin can come up with just a few supply just to get fomo in and have price higher than Bitcoin, thats doesn't affect Bitcoin in anyway.

Yearn finance and other copycats enjoyed the hype of defi trends and got the most attention because they had low circulating supply and were destined to moon. Immediately the Defi crazy began dieing down so did they also. They got to their milestone based on hype and not because of any uniqueness of their products. Be cautious of investing in similar products with same  ideology in future, as they way they got hyped up so will they crash down.

Previously we had the ICO hype, which resulted in the drastic market change of almost every project. Soon after that more than 90% got vanished out of the market. The teams made good profit and left. By the time some users benefitted, while the users who kept hold believing in the hype got fooled due to more tokens delisted.

This time we had the hype of defi. Yearn finance is one that made it known to the cryptospace, because defi isn't much into discussion. Soon after its progress it was much into discussion and people started to pour more into defi without understanding the limited supply that is making the price changes in huge margin. Now the hype have moved to next set of market trend.

I don't like this token. It looks fantastic that YFI ATH was higher than BTC (82K) with total amount of tokens in circulating 36 638 YFI coins and capitalization a little bit more than 1 billion. Just compare with BTC: 18,905,200.00 BTC tokens in circulating and market cap of $979,968,312,106 USD. I think that YFI was artificially pumped by its developers or something that is why price suddenly jumped so high but then felt down again. If it is so, than those men can again pump  and dump YFI at any time.

Right now, Yearn Finance is around $33K per coin and as far as I can feel it there is nothing more energy left with this platform - unless of ceruse the team behind it can re-engineer and re-invest the whole thing to have it come up with more innovations that the market of DeFi would love and be excited about. Still, we are recognizing YFI to have a big histories as the one that overtook the value of Bitcoin for a period of time. As of now, its value can be moving sideways and can take time before it can show some upward movements.

YFI isnt dead Is still going on and people are profiting from it I think whats going is there way too many alternative for making more profit that people have look elsewhere but whale do actually find it useful and somehow they do use it here and there and lets not forget andre cronje can bring another innovation out of the blue and people will definitely fly there in bunch again

So far so good, so many people are still believing in this project. YFI is still become the best defi after aave and the price is very stable right now despite the bitcoin dump that affects the whole of market. I can't say a lot about where this coin will be going on right now as it depends on bitcoin.


It will be worth in the upcoming years. The adoption rate of crypto is growing a lot from time to the another time, you can expect this platform will have so many new users in the future. This will be growing even more and im not feeling doubt about that. So many people have not yet realized that defi was offering the best service to connect with decentralized finance system that offers better outcame rather than what already offered by traditional system called bank.

YFI was often trending on Twitter when the price could reach more than $82k last May, although the price dropped by more than 50% but I'm optimistic that YFI will shine again, this is because of the large transaction volume of more than $400 million.

DeFi seems not on the hype right now so we can't expect if any related project will have the same hype as before.

As far as investments are concerned, I can't really suggest putting money on it but the final decision will be yours. Maximized and enhanced your DYOR. Try lurking at each of their community group and try to check the pulse of the speculators there.

I can remember this decentralized finance (DeFi) Yearn Finance. this governance token also attracted me that time but i didn’t join it after seeing such price. It thought YFI as another hype token on that time. now it dump as usually by following btc rally but still on the way for gaining new level where other coin already come with better concept. according to my analysis, its possible for yfi, not to be worth, but it can continue its existance somehow.

Yeah, I remember that token. Followed it for a while because it got more expensive than bitcoin itself and was on a high. Everything Andre Cronje releases has always grown quickly, but the YFI token stands out in particular. As I recall, this was in the DeFi hype wave of 2020, when there was a boom in such tokens. The 2021 bullrun saw this token upgrade its ATH, but not for long and also dropped in value quickly. It feels like this token is being used for speculation and its real price is much lower.

But now Andre Cronje has left the industry and the token continues to lose value. I don't think he will ever reach his ATH at the $83,000 mark.

The truth is that I saw when it was at a much higher price than BTC at one point, but I still didn't understand why this currency was so high, in fact it is still very high, these are the type of projects that I would like to enter, but how to do it? What criteria to take would be the ones indicated to see this type of coins.
At the moment the coin is still above $20k, I think they have very good support because despite the fact that BTC has dropped in price, this coin has remained at a good price.

https://thedefiant.io/yearn-overhauls-yfi-tokenomics
Yearn Overhauls YFI Tokenomics
"OG Yield Aggregator Introduces Locking Mechanism, Will Use YFI Accumulated Via Buybacks To Fund New Rewards Program
Yearn Finance, DeFi’s oldest yield aggregator, has revamped its tokenomics to embrace a Vote Escrow mechanism.

YFI stakers can convert their assets into non-transferable veYFI tokens by locking up their funds for between one week and ten years. Stakers receive dYFI tokens and voting power in exchange, allowing them to vote on which pools will receive the largest allocation of dYFI rewards."

The fact that they pumped that much before, I’m sure it can happen again in an instant.
There’s so much manipulation with this project, the risk are high too but if you are optimistic about this project and have some holdings, then maybe its worth to hold until the next bull run. The market is rising again, and its a good time to look back at the projects that we are dealing before because they might also start to pump, its time to revisit our holdings again.

I recall when this token started to appear in crypto news because of how it's price was bigger than Bitcoin's and how the demand for this project was a clear signal of the future of Defi.
However, I must say I am not particulary interested in this token, because I am not into Decentralized finances and not within that specific Blockchain.

Also, it is worth mentioning that if you check out the comments people leave within the feedback section of Coinmarketcap for this token, one will find comments suggesting that the developers of this token have ceased development and it has become an abandoned project (which continues to function).
I am not sure how true those comments were or whether it was just a cheap attempt of FUD, though. Always do your own research when comes to buying altcoins and tokens.

YFI is highly risky coin as there is fluctuations in its price after every 2-5 minutes. We have seen that yearn finance crossed bitcoin in price. And for now I would never suggest anyone to buy yfi because there are high chances of loss associated to it.

 If you don't know where to invest, I suggest you try to participate in Fairspin tournament, play their games or bet on TFS - it's a great chance to win extra money. Invest the money you win in any coin you are afraid to invest your own money in

Yes, of course, I do remember Yearn Finance for its very impressive run many monsoons ago...when it even reached higher than the price of Bitcoin but right now the ongoing price is on the $5K level so there is a big gap between the present and the past. Would it be a good addition to one's portfolio...or better yet does it have a strong potential to also carry its torch in 20224 in case there can be a bull run? I am not so sure about that as the hypes and excitement must have left YFI a long time ago though I am not wishing any ill towards this platform as I don't want its coin holders to get hurt in case it can slip further in value.

I almost forgot about this coin if I didn't read this thread. It cannot be denied that at that time YFI was really on the rise and seemed to shock us all because it could surpass the price of Bitcoin, even in just a few days the price had skyrocketed very high. However, in terms of market cap, it is far behind Bitcoin and cannot be compared. However, in terms of price, it was really, really extraordinary.

The question is that currently the price is also dropping a lot, even dropping much more than Bitcoin. Because of this, I was afraid to enter YFI because the prices were unreasonable at that time. Moreover, this coin is not as valuable as Bitcoin, so it is better to avoid this coin. whether in the future YFI can rise again or not, it still might have a chance to rise, but to reach the previous ATH, I'm not really sure about this.

Yearn finance isn't anything special these days. For anyone stumbling up on this thread you should really check out beefy.finance. It's a yearn fork but on like 20 blockchains, implementing infinitely better strategies and overall awesome, featuring any coin you can imagine too.

For now, the hype is completely gone. And maybe people aren't even as fixated as they used to be. We know how hyped YFI was during its heyday, even more than Bitcoin. YFI devotees are very enthusiastic and believe that YFI is the next Bitcoin or even replacing Bitcoin. this is what happened. Whatever the condition right now, in fact YFI is currently very down, in fact much worse than we imagined. So, I'm not sure whether this will skyrocket again or not if we look at the statistics. This would be very difficult to happen again. Yes, this is how most hype products are. Likewise, with various products that are almost the same or even similar, they cannot take advantage of it.

Actually Yearn become so quiet after its founder become inactive for months. But Ive seen its founder focus on fantom blockchain and improvement. Maybe he is just on lie low mode and when everything goes back to normal he will push on more development on Yearn. Its a famous one before during bull run and a lot of people gain and loss money with this token due to verye expensive price.

Yes he knows that already, and he even said it but despite of it, he don't limit those who will try their luck on this coin. Price fluctuating that short (duration of time) might be a sign that the coin is still active and has a chance to burst again. YFI surpassed BTC's value but I don't know why I'm still not impressed with it.

I feel that something is wrong, that if I'm invest on it my money will just disappear or I won't get anything in return lol. Apart from it, I also received some airdrop tokens which has a similar name but it was only a small portion so the value isn't big enough. I didn't interact on them of course because they are likely a scam.

Yes it surpassed Bitcoin's price, but did you look on how many supply the coin has?

I think it's around 30,000 coins only (more or less), and I don't know if it's just me, but lower supply means higher chance of getting the price manipulated. TBH it happened already when like you said OP it went from a 2 digit price to 5 digit price in just a span of 2 months. Even Bitcoin itself can't do that, and this YFI coin did this. Manipulation at it's highest it is.

I really thought that this project is dead already, or at least got abandoned since we hadn't heard anything about it. Anyway, this will just be one of the coins that the price will just surge in the bull run, but it will not surpassed it's previous ATH. I remember this coin, but will not touch it at all.

YFI Coin really makes a great impact in the last Bull Run, hopefully next bull run going to make a better move.