Yearn Finance Bit
1. Summary
- Description
-
What is Yearn Finance Bit?
What is Yearn Finance Bit?
Yearn Finance Bit (YFBT) is a decentralized token based on the ERC-20 protocol, enabling users to stake YFBT tokens, borrow assets, and participate in governance through voting.
Key Features
Staking
- Stake YFBT tokens and earn a yield with an APR of 25%. Your staked tokens can be unlocked at any time.
- Earn governance tokens YFB2 as rewards.
Borrowing
- Borrow assets using YFBT tokens in an overcollateralized manner.
- Assets available for borrowing include USDT (Tether), Ethereum (ETH), and DAI.
Governance
- Participate in voting for platform improvements and developments.
How Yearn Finance Bit Works
- Deposit YFBT tokens and select the amount to stake.
- Perform governance actions, including voting on platform proposals.
| Price | |
| 52W High price | $25.92 |
| 52W High date | 14th Apr 2022 (3 years ago) |
| All Time High (ATH) Date | 1st May 2025 (4 weeks ago) |
| All Time Low (ATL) Date | 1st May 2025 (4 weeks ago) |
| Supply & Trading Volume | |
| Trading Volume (24h) | $41.00 |
How does Yearn Finance Bit's () performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
%
-8.2%
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
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Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | 0 |
|---|---|
| Active Reddit Users (past 24h) | 0 |
| Discord users | |
| Active Discord Users | |
| Telegram Users | 526 |
| Twitter followers | 3,735 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://yfbit.finance/ |
|---|---|
| Explorer | https://etherscan.io/token/0xf0a0f3a6fa6bed7534517... |
| @yf_bit | |
| Whitepaper | https://yfbit.finance/YearnFinanceBit_WP_v_1.pdf |
What is the correct contract address for Yearn Finance Bit?
| Binance-smart-chain | 0x9042ec50b33c41c748264e4730e7cfbdf4787782 |
|---|
Has Yearn Finance Bit been audited for security?
| www.certik.com | View Audit |
|---|
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