What is YearnyFi Network?
The YearnyFi Network is advertised as a financial system with trustworthy decentralized finance integration that is built for everyone. YearnyFi aims to merge current traditional finance with Defi via the bridge, as the best component will be introduced taking regulatory control into consideration. Nonetheless, the Project continues to concentrate on expanding the financial system by establishing a secure and decentralized environment.
The YearnyFi ecosystem will offer DeFi protection for the network security industry, the Defi protocol, and other factors. The project is still in the development phase right now, but it will offer a decentralized exchange along with staking, farming, and liquidity mining in the future.
Yearnyfi Network was referred to as people’s DeFi because users intended to fully transfer ownership and custody of their money. Users will be able to hold their money in a non-custodial account without having to provide any personal information, which will boost anonymity. Every conversation and transaction will be open and transparent, and every smart contract will be audited and confirmed. The newly announced cross-chain swap, token swap, farming, and staking products will assist users in making money on the platform. When keeping a perfect balance, every activity will have little risk, dependability, transparency, and good profit.
YearnyFi Network Overview
|Project name||YearnyFi Network|
|All-time high||$803 USD|
|Exchange Platform||Hotbit, Uniswap, Digifinex|
YNI ICO Overview
|Date of ICO||18th February 2021|
|ICO Price||$25.30 USD|
YNI Price Analysis
YNI is an Ethereum-based ERC20 token that supports the YearnyFi Network ecosystem. Due to the token being sold at a price of $25.30, the YNI Token sale will finish on February 18, 2021, one day earlier than expected. The first recorded price for YNI’s listing on Uniswap and Hotbit was $72 USD, a gain of over 4 times above its ICO price. YNI is currently trading at $800 USD, a premium of 10 times the listing price and 31 times the ICO price. Those who purchased tokens at the token sale are still holding onto them since the predicted price in the following month is $10,000 USD. Since their listing was validated, YNI won the listing competition alongside Dego Finance and the other two projects on LATOKEN. As a result, YNI will now be available on DigiFinex, LATOKEN, and Huobi Global.
YearnyFi Network is a new member of the decentralized Finance family with excellent product selection and more sophisticated features. As the project name trended on Twitter during the first coin offering, it has a strong marketing and development staff. YNI gains $3 million in daily market volume from a single DEX, and volume may rise in the future with the addition of a top trading platform. The game-changing product additions, staking, and decentralized exchange are anticipated to be finished in phases 5 and 6. It is anticipated that this project will have a similar value as DFI.Money and Yearn Finance.
Will YNI hit $10K?
When the number of holders rises from 240 to 5400, and an important trading platform is about to launch, the project can achieve $10,000 USD.
Is YearnyFi Network a Good Investment?
Trading below $1000 USD would be a terrific complement to the project, since the roadmap is solid and will draw in more investors in the future.