It was originally launched in early 2020, with the system’s native token, YFI, coming onto the market in the summer of that year. The system is designed to automate the process of finding marketplaces with the best yield across DeFi platforms. The thing with yield farming is that it can be pretty complex, not to mention potentially expensive if you do not move your crypto to the right platform. In other words, it involves moving a crypto around different marketplaces in an attempt to generate a good turnover of interest. Yield farming is, according to CoinMarketCap “the practice of staking or lending crypto assets in order to generate high returns or rewards in the form of additional cryptocurrency”. This allows people who are involved in decentralised finance (DeFi) to make money. One of the concepts that helps people to make money from cryptocurrency trading is yield farming. Enter Yearn.finance, which aims to make it simpler.īut what is Yearn.finance ( YFI)? What is the Yearn.finance price prediction? Let’s see if we can find out. In the world of crypto, yield farming can be a high-risk and high-reward strategy.

Yfi price prediction 2030