What Is DFI.MONEY (YFII)?
DFI.MONEY, also known as YFII, is a fork of popular decentralized finance (DeFi) aggregator platform yearn.finance (YFI).
Launched in July 2020, it aims to optimize returns for DeFi investors while adhering to changes proposed in an upgrade plan called YIP-8.
In addition to protocol changes, DFI.MONEY has also released new products, chief among which, the Vault, it describes as its “killer product.”
The native token of DFI.MONEY is YFII, a fixed-supply token which liquidity providers earn in accordance with their network interaction.
Who Are the Founders of DFI.MONEY?
DFI.MONEY originated as a hard fork of yearn.finance, the aggregator for DeFi returns created by Andre Cronje.
Cronje left the original incarnation of yearn.finance, iEarn, in early 2020, only to return to continue its development, whereupon its popularity grew considerably as DeFi became more mainstream.
In July 2020, mining and farming of yearn.finance’s YFI token ended, and a proposal to protect liquidity provision from whales earned 80% support among protocol participants. However, it was not adopted due to not meeting yearn.finance’s requisite 33% quorum requirement.
As a result, a group of users opted to hard fork the protocol to create DFI.MONEY, with its own token, YFII.
The hard fork implemented the proposal, known as YIP-8, which makes YFII rewards decrease each week, following a pattern popularized by Bitcoin (BTC).
If you’re looking for DFI.Money price predictions for 2022, 2023, 2024, 2025, 2030 and want to know where the prices of DFI.Money (YFII) will go in the future? We will analyze the past prices of DFI.Money (YFII) and will found out what experts are saying about its future price actions.
Please keep that in mind you need to take this prediction and every other prediction with the intention that this is only the suggestion of some market expert/analysts.
Not to mention predicting something so perfect is completely impossible. But we will try our best. Let’s start.
DFI.Money Price Prediction
|Year||Minimum Price||Average Price||Maximum Price|
|USD Price||$ 984.87|
|24h Volume||$ 9,685,544|
DFI.Money (YFII) Price Prediction
At reconshell.com we predict future DFI.Money price predictions/YFII forecast by applying deep artificial intelligence-assisted technical Analysis on the past price data of DFI.Money. We do our best to collect maximum historical data for the YFII coin which include multiple parameters like past price, DFI.Money marketcap, DFI.Money volume and few more. If you are looking to invest in digital cryptocurrencies and want good return on your investments, make sure to read our predictions.
DFI.Money Price Prediction 2022
According to our deep technical analysis on past price data of YFII, In 2022 the price of DFI.Money is predicted to reach at a minimum level of $1,062.30. The YFII price can reach a maximum level of $1,174.26 with the average trading price of $1,112.22.
DFI.Money Price Prediction 2023
DFI.Money price is forecast to reach a lowest possible level of $1,529.41 in 2023. As per our findings, the YFII price could reach a maximum possible level of $1,853.50 with the average forecast price of $1,585.02.
YFII Price Forecast for 2024
DFI.Money price is forecast to reach a lowest possible level of $2,223.83 in 2024. As per our findings, the YFII price could reach a maximum possible level of $2,692.57 with the average forecast price of $2,303.08.
DFI.Money (YFII) Price Prediction 2025
The price of DFI.Money is predicted to reach at a minimum value of $3,296.92 in 2025. The DFI.Money price could reach a maximum value of $3,900.60 with the average trading price of $3,412.08 throughout 2025.
DFI.Money Price Prediction 2026
According to our deep technical analysis on past price data of YFII, In 2026 the price of DFI.Money is forecasted to be at around a minimum value of $4,917.65. The DFI.Money price value can reach a maximum of $5,634.61 with the average trading value of $5,054.13 in USD.
DFI.Money Price Prediction 2027
The price of DFI.Money is predicted to reach at a minimum value of $7,381.21 in 2027. The DFI.Money price could reach a maximum value of $8,543.19 with the average trading price of $7,633.92 throughout 2027.
DFI.Money (YFII) Price Prediction 2028
As per the forecast and technical analysis, In 2028 the price of DFI.Money is expected to reach at a minimum price value of $11,037.96. The YFII price can reach a maximum price value of $12,959.00 with the average value of $11,419.65.
DFI.Money Price Forecast 2029
The price of DFI.Money is predicted to reach at a minimum level of $16,181.69 in 2029. The DFI.Money price can reach a maximum level of $19,069.36 with the average price of $16,752.67 throughout 2029.
DFI.Money (YFII) Price Prediction 2030
As per the forecast price and technical analysis, In 2030 the price of DFI.Money is predicted to reach at a minimum level of $23,504.58. The YFII price can reach a maximum level of $28,533.45 with the average trading price of $24,342.21.
DFI.Money Price Prediction 2031
The price of 1 DFI.Money is expected to reach at a minimum level of $32,718.76 in 2031. The YFII price can reach a maximum level of $41,289.12 with the average price of $33,692.45 throughout 2031.
What Makes DFI.MONEY Unique?
DFI.MONEY essentially fulfils the same role in the DeFi marketplace as yearn.finance, subject to different protocol rules for its token and with some new features.
Its appeal is thus aimed at users of its predecessor who voted in favor of YIP-8, as well as newcomer DeFi investors who want to maximize returns by providing liquidity.
DFI.MONEY’s website states that its protocol is community-owned and does not offer commercial incentives such as developer rewards by default.
Users join one or both of two liquidity pools which feature Curve (CFI) or Balancer (BAL), earning YFII tokens as a reward for providing liquidity.
DFI.MONEY also introduced a new feature, the Vault, which seeks to gain users the highest returns of any token automatically according to user-submitted strategies, without the users themselves manually setting up transactions.
How Many DFI.MONEY (YFII) Coins Are There in Circulation?
YFII is an ERC-20 standard token with a fixed supply of 40,000 YFII. According to the characteristics set out and accepted in YIP-8, no premine, presale or developer-allocated tokens were taken from the total supply.
DFI.MONEY states that the only way of earning YFII is by providing liquidity to the protocol. Tokens are distributed according to liquidity provision, with rewards decreasing weekly. Each of the two liquidity pools began with a supply of 20,000 YFII.
A schedule confirms that token distribution was completed 10 weeks after it began, at the end of September 2020.
How Is the DFI.MONEY Network Secured?
DFI.MONEY states that YFII has a guaranteed fixed supply of 40,000 tokens which cannot be manipulated by developers.
This was made possible by sending keys allowing minting of new tokens to a so-called “blackhole” address, and access to them is permanently lost.
Developers published links to the transactions showing transfer of the keys to the blackhole.
Where Can You Buy DFI.MONEY (YFII)?
YFII has become a popular trading token since its launch. As of October 2020, it is available on multiple major exchanges, with trading pairs featuring cryptocurrencies, stablecoins and other DeFi tokens.
Binance, OKEx and Huobi Global are among the exchanges with the largest YFII volume.