What is DFI.Money (YFII)?
DFI.Money is a DeFi yield farming protocol on Ethereum.
On July 26, 2020, the minting of new YFI token of Yearn Finance stopped. To prevent the liquidity of pools on Yearn Finance to drop too quickly, Yearn Improvement Proposal no 8 (YIP-8) was proposed, the content of which was to prolong the release of YFI tokens for 10 more weeks with a weekly halving model. Unfortunately, YIP-8 was declined, leading to the hard fork that bred a new DeFi protocol named DFI.Money.
After the 10 weeks of releasing its native token (YFII) ended, the minting keys of YFII were burned to prevent further release of the token.
How DFI.Money (YFII) Works
As a fork of Yearn Finance, DFI.Money offers quite similar services:
- Vault is a yield aggregator that automatically looks for the best APR for your deposits.
- Yield farming pools are where you stake tokens or provide liquidity to receive rewards.
How Many DFI.Money (YFII) Tokens Are in Circulation?
YFII is the native token of the DFI.Money protocol. It is used for yield farming and governance. YFII has a maximum supply of 40,000 and all of them are distributed.
Minting keys to YFII were burned, therefore it is impossible to release more than 40,000 to the market.
How to Buy DFI.Money (YFII)
Consider investing in DFI.Money (YFII)? It only takes 2 minutes to create an account on Bitget and start trading YFII.
Check out the available YFII trading pairs on Bitget!
Spot market
DFI.Money (YFII) Resources
Simple 3-step guide to buying YFII today in Slovakia
Create your free Bitget account
Select a funding method
Complete your DFI.Money purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for DFI.Money using a payment method of your choice:
Buy DFI.Money with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your DFI.Money order.
How to buy crypto with credit/debit cardBuy DFI.Money with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into DFI.Money is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your DFI.Money order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your DFI.Money order.Buy DFI.Money with the fiat balance in your Bitget account
You can Deposit fiat funds using SEPA to top up your Bitget fiat balance. Then click Buy Crypto > [Cash conversion] in the top navigation bar to place your DFI.Money order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor DFI.Money in your Bitget spot wallet
Bitget—where the world trades DFI.Money
How to buy DFI.Money for free
- Learn how to earn DFI.Money for free through the Learn2Earn promotion
- Earn free DFI.Money by inviting friends to join Bitget's Assist2Earn promotion
- Receive free DFI.Money airdrops by joining On-going challenges and promotions
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FAQ
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