#Yfi vaults full

Investors will be watching closely, as a break back through to $45,000 levels would then bring last May’s ATH $95,339 into play.Īt the time of writing, Yearn.Finance was ranked 79 th on CoinMarketCap, with a market cap of $1,506m.

Having broken through a December high $39,354, the next key resistance level will be September’s high $43,843. The breakout has seen YFI jump by 45% since 30 th December. This morning’s upside follows 4 consecutive days in the green that included a 10.69% New Year’s Day rally. YFI closed out the year at $33,000 levels, falling well short of an ATH $95,339 struck in mid-May.įortunes appear to have changed, however, following the news hitting the wires of the proposed tokenomics changes.Īt the time of writing, YFI was up by 5.77% to $41,391. It may not have been the most impressive of years for YFI, which gained just 45% in 2021.

#Yfi vaults full

See here for full details of the proposal. The proposal is to “direct a portion of YFI bought back by the Treasury as rewards to YFI token holders who actively participate in Yearn Governance”. Key, however, was news hitting the wires of a proposed change to the project’s tokenomics. Yearn.Finance (YFI) has been in the news in recent weeks, driving the latest price breakout.