What is Yearn Finance (YFI)?
Yearn Finance is a DeFi protocol on Ethereum that allows users to optimize their crypto earnings through a host of services such as staking, lending aggregation, and yield generation. The protocol offers automated trading strategies (known as money robots) that tell investors where, when, and how much to invest, move, and withdraw their money across different DeFi platforms.
Andre Cronje is the founder of Yearn Finance. He launched the protocol as a one-man team without raising any fundings in July 2020.
How Yearn Finance (YFI) Works
Yearn Finance has the following services:
- Vaults are the most popular products on Yearn Finance. They are like decentralized mutual funds on the blockchain, where users deposit their money in different pools in Yearn Finance and the protocol automatically decides how to invest the deposits in other protocols.
- Earn searches for the best interest rate in lending from multiple DeFi protocols on Ethereum and allows users to benefit from it.
- Zap lets users perform multiple actions on different DeFi platforms in one click, thereby saving time and transaction fees.
- APY (Annual Percentage Yield) gives an estimate on how much interest one can expect to earn annually based on the search results in Earn.
How Many Yearn Finance (YFI) Tokens Are in Circulation?
YFI is purely a governance token of the Yearn Finance protocol. It has a maximum supply of 30,000 and all of them are distributed.
How to Buy Yearn Finance (YFI)
Consider investing in Yearn Finance (YFI)? It only takes 2 minutes to create an account on Bitget and start trading YFI.
Check out the available YFI trading pairs on Bitget!
Futures market
Spot market
Yearn Finance (YFI) Resources
Simple 3-step guide to buying YFI today in United Arab Emirates
Create your free Bitget account
Select a funding method
Complete your Yearn Finance purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Yearn Finance using a payment method of your choice:
Buy Yearn Finance 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 Yearn Finance order.
How to buy crypto with credit/debit cardBuy Yearn Finance with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Yearn Finance is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Yearn Finance 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 Yearn Finance order.Buy Yearn Finance with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Yearn Finance 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 Yearn Finance in your Bitget spot wallet
Bitget—where the world trades Yearn Finance
How to buy Yearn Finance for free
- Learn how to earn Yearn Finance for free through the Learn2Earn promotion
- Earn free Yearn Finance by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Yearn Finance airdrops by joining On-going challenges and promotions
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FAQ
Can I buy $1 worth of Yearn Finance?
Can I buy $10 of Yearn Finance?
Where else can I buy Yearn Finance?
Where is the best place to buy Yearn Finance?
Should I buy Yearn Finance right now?
The United Arab Emirates (UAE) was established in 1971, and we just celebrated the 50th anniversary of the UAE in 2021. The UAE has a population of about 10 million people, with about 10% locals and 90% expatriates from all over the world. The surface area of the United Arab Emirates is 83,000 square kilometers, which is slightly larger than Ireland and smaller than Portugal. The official languages in the United Arab Emirates are English and Arabic.
The UAE, as the name suggests, is made up of several emirates, more precisely, seven emirates. The first emirate is the most important, and it is the one of Abu Dhabi, the capital of the United Arab Emirates. This one represents 80% of the Emirates territory. The second Emirates we often hear about because it is rather the tourist capital is Dubai. The other five emirates are Ajman, Fujairah, Ras Al Khaimah, Sharjah, and Umm Al Quwain.
The time difference varies depending on the season (summer or winter). Concerning temperatures, there is also a distinction between summer and winter. During the winter, you can expect temperatures between 22 and 30 degrees. In the summer, it is much warmer, and temperatures average 35 to 40 degrees.
Acting as the national currency of the United Arab Emirates is the Dirham (AED), and with Bitget, you can purchase cryptos within minutes, no matter where you are in the United Arab Emirates. Our exchange offers secure payment options to make trading more accessible and safer than ever, including P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and several different credit card services.