YfDAI.finance Price

YfDAI.finance is a community-driven DeFi project focused on innovation and fairness. Launched in September 2020, it aims to provide practical solutions in the decentralized finance space. Key features of YFDAI include: - Governance system prioritizing innovation and technological progress - Decisions made by community members to ensure equitable outcomes - Current price of $24.18 with a 24-hour trading volume of $17.05K - Market cap of $498.19K, ranking 3583 among cryptocurrencies - Circulating supply of 20.6K YFDAI out of a maximum 21K YFDAI - All-time high of $7,277.74 reached on March 17, 2021 - Available on Ethereum blockchain as an ERC-20 token YfDAI.finance seeks to address challenges in DeFi by fostering a collaborative ecosystem. Its community-centric approach aims to drive sustainable growth and deliver value to users. As of 2025-08-08, YFDAI trades at $24.18, up -2.57% in the last 24 hours.

YfDAI.finance was created on September 7, 2020. The project launched with the goal of providing a community-driven and innovative DeFi platform. Since its inception, YfDAI.finance has aimed to prioritize fairness, technological advancement, and practical utility within the decentralized finance ecosystem. The cryptocurrency was developed 'by the people, for the people' to ensure equitable governance and decision-making by its community members.

The founders of YfDAI.finance have chosen to remain anonymous, in line with the project's community-centered approach. YfDAI.finance was developed as a decentralized finance (DeFi) project 'by the people, for the people.' The decision to keep the founders' identities private aligns with YfDAI.finance's focus on community governance and decentralization. This structure allows decisions and actions to be made collectively by YfDAI.finance's members and community, rather than being driven by specific individuals. The project launched on September 7, 2020, with the goal of providing a practical and innovative focus for the DeFi space through a new form of governance system that prioritizes technological progress and entrepreneurship.

YfDAI.finance works as a decentralized finance (DeFi) platform built on the Ethereum blockchain. It aims to provide innovative DeFi solutions with a focus on community governance and fair distribution. Key features of YfDAI.finance include: 1. Decentralized governance: Token holders can participate in decision-making for the project's development. 2. Yield farming: Users can stake YFDAI tokens to earn rewards. 3. Staking: Long-term holders can lock their tokens for additional benefits. 4. LaunchPad: A platform for launching new DeFi projects with community vetting. 5. SafeSwap: A decentralized exchange for secure token swaps. 6. Lending and borrowing: Users can lend or borrow crypto assets. 7. Insurance fund: Provides protection against potential smart contract vulnerabilities. YfDAI.finance utilizes smart contracts to automate these functions, ensuring transparency and reducing intermediaries. The total supply of YFDAI is capped at 21K YFDAI, with 20.6K YFDAI currently in circulation. As of 2025-08-08, YFDAI is trading at $24.18 with a market cap of $498.19K. The project aims to evolve based on community needs and market trends in the DeFi space.

YfDAI.finance is built on the Ethereum blockchain as an ERC-20 token. Its technical architecture leverages smart contracts to enable decentralized finance (DeFi) functionalities. Key components include: 1. Governance mechanism: Allows token holders to participate in decision-making. 2. Staking system: Users can stake tokens to earn rewards. 3. Yield farming protocols: Provides liquidity mining opportunities. 4. Cross-chain interoperability: Aims to connect with other blockchain networks. 5. Security measures: Implements audited smart contracts and multi-sig wallets. 6. Decentralized exchange integration: Facilitates token swaps and liquidity provision. 7. Oracle integration: Uses decentralized oracles for price feeds and external data. The YfDAI.finance team continues to develop and expand the platform's capabilities, focusing on scalability, security, and user experience. As of 2025-08-08, YfDAI.finance has a market cap of $498.19K and is ranked #3583 among cryptocurrencies.

YfDAI.finance has an ambitious roadmap focused on expanding its DeFi ecosystem and enhancing governance. Key future developments include: 1. Launch of new DeFi products like yield farming, staking, and lending platforms by 2026. 2. Implementation of DAO governance structure, giving token holders more control over the project's direction by 2027. 3. Cross-chain interoperability to expand YfDAI.finance's reach across multiple blockchains by 2030. 4. Development of a mobile app for easier access to YfDAI.finance's DeFi services. 5. Partnerships with other DeFi protocols to create synergies and increase adoption. 6. Continuous improvements to security and scalability of the platform. The team aims to position YfDAI.finance as a leading DeFi protocol, with a projected price of $25.75 by 2026, $31.71 by 2025 + 3, and potentially reaching $41.94 by 2030. However, these projections are speculative and subject to market conditions.