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TristanVillebrun
Dec 10, 2020 6:11 PM

YFI Long

YFI / TetherUSBinance

Description

buy

Trade active

The entire Defi coins have gone massive since the last dump but YFI is stuck just because of new tokens minting. 6,666 YFI tokens currently account for 22% of the supply.
This was in line with what other platforms have done. Aave, for example, minted 23% when it migrated from LEND to AAVE.
Increasing the total supply by 22% is likely to have an negative impact on markets and YFI prices.
Comments
jeanleriche
merci
TristanVillebrun
@jeanleriche, De rien mon ami.
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