YFI Surpasses $1,300

YFI Surpasses $1,300

A brand new token of a new pool on a new dapp is now worth close to six eth right out of the box.

The limited token with rumors suggesting it will be capped at just 30,000 is worth zero, Andre Cronje of Yearn Finance said.

Not least because it is actually currently being given out for free if you provide liquidity or use the dapp, but some market participants apparently think it is easier to just buy it at what sounds like a high price, but if they do cap it to 30k, then it gives the pool a market cap of ‘just’ $40 million fresh out of the box.


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