Launched in July 2020 during the DeFi boom, Yearn Finance and its native YFI token is a DeFi platform that allows cryptocurrency holders to borrow and lend their crypto assets without using a financial institution as an intermediary. Yearn has quickly become one of the largest DeFi tokens thanks to its “yield farming” protocol, which incentivizes users to contribute assets by providing more rewards for more liquidity provided.
Instead of an Initial Coin Offering (ICO) Yearn initially, users earned YFI tokens by participating in the protocol. Despite some volatile price shifts after Yearn’s launch, it maintains one of the most active DeFi communities.
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After you sign up, you’ll need to verify your account.
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Get started with as little as $50 CAD.
You can buy YFI right away at the best rates by funding your account with an e-transfer or wire.