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YEarn Finance Project Token Soars Above $ 6500 After Listing On Binance

On Monday, August 10, the price of the yEarn Finance (YFI) DeFi platform token rose above $ 6,500. The catalyst for growth was listing asset on the Binance exchange.

At the moment, YFI quotes reached $ 6941, after which they slightly corrected. At the time of writing, the daily growth is about 50%.

Data: CoinGecko

The exchange has started accepting deposits and will open trading in the YFI token at 12:00 UTC (15:00 Moscow time). Traders will have access to the YFI / BNB, YFI / BTC, YFI / BUSD and YFI / USDT pairs.

yEarn Finance does not have a backing fund or venture capitalists. The project did not hold a presale, and is managed by YFI holders who receive a token in exchange for providing liquidity to the yEarn platform.

Previously expressed speculation that Binance is accumulating large amounts of YFI.

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