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Yearn.finance is a decentralized smart financial product built on Ethereum. It implements algorithms to shift assets between different smart contracts to attain the highest yields. Yearn.finance launched the YFI token in July 2020. Its price soared from $3 to $30,000 within one month, which rapidly attracted a large number of investors. Its founder, Andre Cronje, is a South African fintech developer. He created Yearn.finance when he realized that different DeFi applications offer different yields. Users flocked to Yearn.finance soon after it was launched. Its market cap reached $1.5 billion by September 2020. Data shows that its total value locked in the network exceeded $6 billion at its peak in November 2021. How did the craze sweep the whole crypto space? How does it work? Let’s explore.

This article discusses how to make the entire ecosystem more mature as DeFi Summer comes to an end and more and more projects come out.

This article begins by dissecting the operational principles of lending protocols and CDP (Collateralized Debt Position) protocols through Justlend and MakerDAO, respectively. It then uses DYDX to illustrate the significance of protocol risk management.

This article provides a detailed overview of the eight forms of DAOs and their characteristics.

This guide equips you with the knowledge and tools needed to navigate the complex world of hybrid token development in 2024, empowering you to make informed decisions and stay ahead of the curve in the rapidly evolving cryptocurrency market.

Yield Aggregators are protocols that automate the process of yield farming which allows crypto investors to earn passive income via smart contracts.

Elastic supply tokens are a new and growing sector of DeFi. They are tokens whose total supply automatically adjusts to try to maintain a target price. This is done through a process called rebasing, which can be profitable but also risky. Ampleforth is the largest and most established elastic supply token project, but there are many others, including RMPL, YAM, REB, and BASED.

This article explores several representative projects of the Fair Launch concept. Each of them demonstrates innovation and progress in this field with its unique token issuance method.

This article discusses the latest developments and market potential of the Fantom blockchain. Additionally, it explores the new Sonic technology by Fantom and its potential to become a major narrative in the coming years. Challenges faced by Fantom, such as competition with strong rivals like Ethereum and Solana, and the uncertainty surrounding the performance validation of Fantom Sonic technology, are also highlighted. Relying solely on performance metrics as the main narrative may no longer garner much recognition; achieving the narrative vision may be more market-accepted.

The article delves into the market performance and technological innovation of the Fantom public chain, focusing on its recently unveiled Sonic technology. This cutting-edge technology boasts the capability to handle 2,000 transactions per second at sub-second speeds, marking a substantial enhancement in performance. The price of Fantom's governance token FTM has experienced notable growth, with strategic initiatives in the Meme currency ecosystem and DeFi sectors. Moreover, the article touches on the challenges confronting Fantom, such as technical validation, market rivalry, and community trust.

PowerPool (CVP) is a dePIN network providing Transaction Signing as a Service, enabling users to delegate on-chain actions like rewards farming.

The article presents strategies for finding low market cap cryptocurrencies and discusses the use of tools like Nansen's Token Screener to identify new token deployments with growing numbers of smart holders. The author provides examples of low cap projects like MDAI, but also cautions readers to conduct further research and analysis, and not to blindly follow influencers' recommendations. Finally, the importance of risk management is emphasized, and some tools, such as Kaito and Dune dashboards, are shared to help find tokens with potential 100x returns.

The article analyzes key factors contributing to the success of crypto projects, including having an excellent team background, unique market positioning, the ability to secure funding from top institutions, ecosystem development, and innovative products addressing market sticking problems.

This article reviews various new token issuance methods that emerged during the 2023-2024 cycle, including points, public and private sales, KOL round financing, Bitcoin runes, TON play-to-earn games, memecoins, and community/social tokens. It also provides a brief analysis of their respective developments and trends.

The veModel, namely, the vote-escrowed model, has become one of the most widely used models that bring long-term value since it was introduced in Curve. That’s because it is novel in having a weight depending on time. This article will deeply discuss its mechanism and innovation in simple terms.