When was YFI coin issued (What is YFII coin)?
YFI coin was issued by the yearn.finance team on March 1, 2019. During the earl
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YFI coin was issued by the yearn.finance team on March 1, 2019. During the early stages of YFI, developers released a whitepaper along with some technical details and plans. The project team stated that they would need to lock in a year of time before issuing a token, and this time was set for April 2020. However, due to unfavorable market conditions, the launch was delayed and later discussed within the community. The final decision was to launch by the end of May this year, which is in mid-October.
What is YFII coin?
According to official announcements, YFII is one of the most popular decentralized finance (DeFi) projects. It gained a lot of attention and investment shortly after its launch, with many considering it to be the next star project in the DeFi field. YFI is a newly issued token based on ERC20 and AMPL, and its price will adjust according to market fluctuations. It will also be listed on exchanges for trading within a certain period of time. YFII is described as one of the largest projects in the DeFi field and one of the most notable tokens in Decentralized Finance (DEFI).
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