Review on yearn.finance II by Özgün A
Yearn finance attracts attention
Yearn Finance is a system that circulates users' money between different lending and liquidity protocols to get the best interest rates, resulting in mutual gain. In this system, decisions are taken by voting on the Token. Token holders vote for changes to the protocol, thereby maintaining a democratic environment. And a joint decision is made. In terms of price, it is now in the middle levels. The most interesting and funny thing is that the tokens were mined for voting only and their value was predicted to be zero.
The YFI token attracted attention especially after the Binance listing. In addition, the fact that the name behind the project has developed the project alone is an appreciation.
Pros
- A rising value
- Caught people's attention
- Unanimous decisions
Cons
- The transaction volume could have been greater
