Details about YFIBALANCER.FINANCE cryptocurrency
YFIBALANCER.FINANCE
YFIB
Unknown for now
€0
100,000
0
Unknown
https://yfi-group.com
@YFIGROUPFINANCE
YFIBALANCER.FINANCE price charts
YFIB exchanges
YFIBALANCER.FINANCE, the crypto
YFIBALANCER.FINANCE (YFIB) is a decentralized finance (DeFi) platform aimed at providing liquidity to users through an automated market maker (AMM) system. It is based on the Ethereum blockchain and allows users to earn fees by providing liquidity to various pools.
The point
The main point of YFIBALANCER.FINANCE (YFIB) is to provide users with a simple and efficient way to earn fees by providing liquidity to various pools. By using an automated market maker system, YFIB provides liquidity while maintaining market balance and mitigating the risks associated with traditional market-making.
The problem
YFIBALANCER.FINANCE (YFIB) aims to solve the problem of fragmented liquidity in the DeFi space. By providing a platform where users can easily provide liquidity across various pools, YFIB helps to enhance overall liquidity in the market. Additionally, YFIB aims to provide users with a less risky way to earn fees than traditional market-making, by utilizing an automated market maker system.
Compare YFIB and BTC performance
| Timeframe | YFIB | BTC |
|---|---|---|
| 1h change | 0 % | 0.109009 % |
| 24h change | 0 % | 2.18406 % |
| 7 day change | 0 % | -5.76209 % |
| 14 day change | 0 % | -3.00974 % |
| 30 day change | 0 % | 1.6345 % |
| 200 day change | -47.01 % | 125.613 % |
| Year change | -53.07 % | 125.789 % |