![]() ![]() Notwithstanding any such relationship, no responsibility is accepted for the conduct of any third party nor the content or functionality of their websites or applications. We may receive financial compensation from these third parties. ![]() Please be aware that some of the links on this site will direct you to the websites of third parties, some of whom are marketing affiliates and/or business partners of this site and/or its owners, operators and affiliates. ![]() According to the team, yETH gives investors an opportunity to spread their risk even as they look to boost their yield. The DeFi platform’s new product will allow exposure to a single token offering to multiple LSDs. Liquid staking involves the locking up of staked tokens in exchange for tokenised versions that holders can then use across decentralised finance, including as collateral at lending platforms, margin trading or yield generation. □ Get exposure to a basket of LSDs in one token. On Tuesday, the Yearn Finance developer team announced the platform was ready to unveil a liquid staking derivative (LSD) product for Ethereum. While YFI has given up some of the intraday gains, it is likely to see a fifth consecutive green candle and eye further gains if the market returns to bullish sentiment. The governance token’s price has been surging amid the latest positive news around it. Source: TradingViewĪs can be seen from the chart above, the Yearn Finance token traded as high as $10,405 on Binance as traders looked to buy YFI. YFI price has surged over the past few days to hit $10,405 on Binance. ![]()
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