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What is Yearn Finance (YFI)? How does it open up a DeFi yield aggregation era?
Intermediate

What is Yearn Finance (YFI)? How does it open up a DeFi yield aggregation era?

Yearn.finance is a decentralized smart financial product built on Ethereum. It implements algorithms to shift assets between different smart contracts to attain the highest yields. Yearn.finance launched the YFI token in July 2020. Its price soared from $3 to $30,000 within one month, which rapidly attracted a large number of investors. Its founder, Andre Cronje, is a South African fintech developer. He created Yearn.finance when he realized that different DeFi applications offer different yields. Users flocked to Yearn.finance soon after it was launched. Its market cap reached $1.5 billion by September 2020. Data shows that its total value locked in the network exceeded $6 billion at its peak in November 2021. How did the craze sweep the whole crypto space? How does it work? Let’s explore.
12/14/2022, 4:54:15 AM
Understanding GFM Token in one article
Beginner

Understanding GFM Token in one article

GFM token is the native token of the GoFundMeme platform, dedicated to creating a community-driven token economy new paradigm by fair distribution model and unique PvE narrative mechanism, to promote the integration of blockchain technology and Meme culture. This article details the core functions, profit-sharing mechanism, and market performance of the GFM platform, revealing the long-term growth potential of this innovative project in the decentralized ecosystem.
2/5/2025, 3:55:22 PM
CAN BITCOIN BE A PRODUCTIVE ASSET?
Intermediate

CAN BITCOIN BE A PRODUCTIVE ASSET?

Bitcoin is like physical gold, serving as an asset and inflation hedge, with a currency value similar to the dollar, reshaping monetary basics. Supporters seek credit and yield mechanisms on its protocol. Brick Towers automates Lightning Network services, optimizing efficiency and capital to meet liquidity needs, minimizing risk, enhancing Bitcoin's utility, offering secure, seamless yield for users.
6/25/2024, 2:12:05 AM
Gate Research Institute: Bitcoin reaches a new high of 112,000 USDT | Gate platform supports Pump.fun token public sale
Advanced

Gate Research Institute: Bitcoin reaches a new high of 112,000 USDT | Gate platform supports Pump.fun token public sale

Gate Research Institute Weekly Report: BTC rose 2.39% this week, reaching 112,000 USDT and setting a new historical high; ETH surged 8.35%. Pump.fun announced the details of its token public sale, which will kick off the first token issuance on July 12, with Gate supporting the public sale of PUMP tokens, with a total subscription amount of 150,000,000,000 PUMP. The Monad Foundation will acquire stablecoin infrastructure developer Portal Labs. UK crypto platform Ziglu is facing financial collapse and has entered special administration.
7/10/2025, 8:33:57 AM

Your Gateway to Crypto World, Subscribe to Gate for A New Perspective

Your Gateway to Crypto World, Subscribe to Gate for A New Perspective