Y Curve Interest Rates Reach 2,000%, Assets Under Management Grows Tenfold After Token Launch

Y Curve Curiosity Charges Attain 2,000%, Belongings Beneath Administration Grows Tenfold After Token Launch

Depositors to the Y Curve decentralized finance (defi) pool obtained as a lot as 2,000% in curiosity this Saturday and about 600% (annualized) for the whole day. Earlier than this improve, liquidity suppliers had been incomes an combination fee of 10.58%. The most recent rate of interest development follows Yearn Finance’s launch of a YFI …

Y Curve Curiosity Charges Attain 2,000%, Belongings Beneath Administration Grows Tenfold After Token Launch Read More »