nYFI (N0031)

nYFI, the crypto

nYFI (N0031) is a tokenized version of Yearn.Finance's YFI governance token. It is a synthetic version of the YFI token that enables users to gain exposure to the Yearn.Finance ecosystem without holding the underlying token.

The point

The main point of nYFI (N0031) is to provide users with a way to gain exposure to the Yearn.Finance ecosystem without holding the underlying YFI token. This allows users who may not have the ability or liquidity to hold YFI to still participate in the Yearn.Finance network.

The problem

nYFI (N0031) tries to solve the problem of limited accessibility to the Yearn.Finance ecosystem. Some users may not have the knowledge or liquidity to hold YFI directly, but still want to participate in the Yearn.Finance network. nYFI (N0031) provides a solution to this problem by offering a tokenized version of YFI that can be more easily accessible to a wider group of users.