DeFi | How Did YFI Rise? And How Will It Develop?

Yearn.Finance aspires to become the entrance to a host of yield-generating products in the Ethereum ecosystem. In less than three months, Yearn.Finance evolved from a relatively obscure credit matching service to one of the main drivers of the DeFi market, with a capital scale of $670 million (peak exceeding $1 billion), and positioned at the core of today's hottest industry trend--yield farming. Yearn's dominant position in yield farming is so compelling that some have treated its Token as a yield farming index.