yfx YieldFarming Index
$ 0.9418
-1.19% (24h)
0.00001087 BTC
6.16% (24h)
1,087 satoshies
Market Cap
-
24 Hour Trading Vol
6.9726 $
Circulating Supply
-
Total Supply
2,66 MLN.
Max Supply
-
Fully Diluted Valuation
2,57 MLN. $
Info
Asset
|
1h
|
24h
|
7d
|
1m
|
1y
|
max
|
|---|---|---|---|---|---|---|
yfx
| - | - | - | - | - | - |
YieldFarming Index Price Statistics
0.9418 $
0.8731 $ / 0.9826 $
6.9726 $
#15850
12.3 $
-92.35%
17 October, 2024, (a year ago)
0.6625 $
42.02%
11 March, 2023, (3 years ago)
YieldFarming Index Top Markets
#
Exchange
Pair
Trust Score
YieldFarming Index Performance
Trading Pair
day
week
month
yfx
/
usd
-1.19%
-2.05%
-0.64%
yfx
/
btc
6.16%
12.95%
32.44%
yfx
/
eth
6.08%
12.13%
47.04%
About Coin
What is the project about?
YFX is a crypto hedge fund that generates high returns on investment by farming strategies and exclusive investment opportunities.
What makes your project unique?
The crypto market is plagued by a lack of capital for key projects. Historically, UniV2 project incentives have been pennies on the dollar. Zyberswap earns only 50k in fees and 10k in protocol revenue, despite giving out over $400k worth of incentives. Although the Solidly model has improved this situation by increasing earning incentives to 20 and 70 cents on the dollar, there is still room for improvement.
Through hedging between quantitative and qualitative trading strategies, we are expecting a 2.0–2.5% MoM return on the underlying Treasury value, with a conservative APR estimate of 40% APR.
History of your project.
We raised $2 million for our presale, through a private sale and presale on GMD Protocol's launchpad (https://app.gmdprotocol.com/launchpad). We are currently deploying our funds on different yieldfarming apps, improving the relative fund value and bolstering the value of our token.
What’s next for your project?
We are going to yield farm through the bear market, slowly but steadily improving our RFV.
What can your token be used for?
YFX's token can be used to stake in single-stake vaults of $YFX token that streamline part of the protocol's revenue to stakers. (yfxstaking.com)
Where is YieldFarming Index available for purchase?
You can exchange YFX tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading YieldFarming Index is Ramses, notably the YFX/USDC pair, which saw a trading volume of $ 24.87 in the past day. Additionally, Ramses V2 and Chronos are popular alternatives for trading tokens.
What is the highest value YieldFarming Index (YFX) has ever reached?
YieldFarming Index (YFX) reached its peak price at 12.3 $ on 17 October 2024, approximately a year ago ago. Presently, the current price is -92.34% lower than this all-time high.
What is the historical minimum price for YieldFarming Index (YFX)?
The minimum price reached for YieldFarming Index (YFX) was 0.6625 $, documented on 11 March 2023, more than 3 years ago. In comparison, the current price is 42.17%, it above this historical low.
What is the fully diluted valuation of YieldFarming Index (YFX)?
The fully diluted valuation (FDV) of YieldFarming Index (YFX) stands at $ 2,57 MLN.. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of YFX tokens. The realization of this FDV might take several years depending on the emission schedule of YFX tokens.
IMPORTANT DISCLAIMER:
The information presented on our website and associated platforms is sourced from third parties and is intended for general informational purposes only. We do not guarantee the accuracy or timeliness of this content. None of the information provided should be construed as financial, legal, or other professional advice tailored to your specific needs. Your use of this content is at your own discretion and risk. It's important to independently research, evaluate, and verify the information before relying on it. Trading carries significant risks, so it's advisable to consult with a financial advisor before making any decisions. Our content is not intended to solicit or offer any services.