LONG YFI - yEarn.finance is a decentralized asset management platform that has multiple uses ranging from liquidity provision, lending, to insurance. The most prominent product in its ecosystem is Vaults which maximize users' yields by through various yield farming strategies proposed by the community. Token Yield Aggregator Decentralized Finance...
Hey friends, hope you are well and welcome to the new update on YFI token. As in my previous post, I told you even I warned that the price action of YFI token can be crashed upto 90% more. And sofar it has dropped more than 44% in USD market and 54% in Bitcoin market. Below two basic reasons were base of my prediction for the drop. 1. The formation of the head...
NFT is a new round of the DeFi trend. Some yield farming sites began to add not only the mining of ordinary tokens but also collectible (NFT) tokens. The main difference between NFT tokens and regular ones is that they are not fungible. For example, fiat currencies are fungible because each unit is equivalent. The ten-dollar bill can be replaced with any other...
Hey friends, hope you are well and welcome to the new update on YFII token. Previously the price action broke down the support of the pennant on daily chart. But in a very next candlestick we can observe a powerful buying volume therefore while re-testing the previous support as resistance the price action of DFI.Money re-entered in pennant. Finally the price...
ETH is testing and looking to flip where it has been ranging for almost the entire month of June from a technical standpoint. If we can flip and retest this level I feel comfortable opening a long position here. The current defi craze is also making me lean very bullish as everything runs on ETH so some of that value will be captured no doubt with people...
Cardano seems to be following the same or similar pattern as much of the other bigger coins. Big take off and a slow decent to the bottom. Will Cardano become more than a $0.13 coin? Last week, Emurgo, ADA's commercial venture arm, joined with Indonesias HARA to host Blockchain for Real World Problems in Jakarta. HARA works by providing tokens to users that...