yvDAI YVDAI
1. Summary
- Price
-
$1.17 -0.1%
- Market Cap
- $0.00 (#10689)
- Supply
- 0.00 / 14.96M
- Description
-
Overview of yvDAI
Overview of yvDAI
yvDAI is the token associated with the Yearn Vault for DAI, a decentralized finance (DeFi) solution that enables users to deposit and earn returns on their DAI holdings. This token is part of the Yearn Vault ecosystem, where users can participate in the vault by depositing DAI and receiving yvDAI in return.
Token Structure and Features
- As an ERC-20 token, yvDAI can be transferred and traded like any other Ethereum-based token.
- When users deposit DAI, they receive yvDAI as a deposit receipt, representing their share in the vault.
- yvDAI tokens have a prefixed symbol 'yv' indicating their association with the Yearn Vault.
- The vault generates profit by utilizing various yield strategies, which increases the share price of yvDAI tokens.
- Users can withdraw their liquidity from the vault, and their corresponding yvDAI tokens are burned.
Management and Fees
- The vault has a performance fee of 10% of the yield per strategy.
- The management fee is set at 2% per year.
- The initial deposit limit was initially set to 0 but must be updated post-initialization.
Governance
- The vault has a governed address authorized for governance interactions.
- There is a specified address for distributing rewards to users.
Versions and Evolution
- Vault tokens have evolved across versions v1, v2, and v3, each with distinct differences in yield strategy contracts and prefixes.
- The v2 and v3 vault tokens, including yvDAI, have the 'yv' prefix.
| Price | |
| 52W High price | $1.15 |
| 52W High date | 13th Nov 2024 (3 months ago) |
| All Time High (ATH) Date | 6th Nov 2024 (3 months ago) |
| ATH Price | $1.16 |
| % From ATH | -1.47% |
| All Time Low (ATL) Date | 11th Mar 2023 (1 year ago) |
| ATL Price | $0.93 |
| % From ATL | 23.47% |
| Supply & Trading Volume | |
| Total Supply | 14.96M |
YVDAI
How does yvDAI's (YVDAI) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
0.5%
YVDAI
51,605.8%
Similar Market Cap
60 Day Return
0.8%
YVDAI
4,049.8%
Similar Market Cap
1 Year Return
6.6%
YVDAI
-
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 | |
|---|---|
| Active Reddit Users (past 24h) | |
| Discord users | |
| Active Discord Users | |
| Telegram Users | |
| Twitter followers | 455 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://yearn.finance/vaults |
|---|---|
| Explorer | https://etherscan.io/token/0xdA816459F1AB5631232FE... |
| @iearnfinance |
What is the correct contract address for yvDAI?
| Ethereum | 0xda816459f1ab5631232fe5e97a05bbbb94970c95 |
|---|
Has yvDAI been audited for security?
No security audits found for this project.
Are you the owner of yvDAI? Edit it here
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