YFI (yearn.finance)

Yearn.finance is a centralized financial (DEFI) platform to establish a polymeric fluid pool, leverage trading platform, automatic city, and other functional platforms.

How to buy YFI (yearn.finance) on Huobi?

Follow the easy 4 steps below to buy YFI (yearn.finance) on Huobi.

  1. Register a Huobi Global account
    Provide an email address, create a username, and choose a secure password.
  2. Verify your account
    After registering and verifying, all you need to do to buy Bitcoin is to provide your name, date of birth, country/region and phone number. For verification information, see the verification documentation.
  3. Deposit in fiat currency or cryptocurrency
    To deposit cryptocurrency, you only need to check the encrypted address on Huobi Global and send funds to that address. There are many ways to use fiat currency to fund your account for transactions, including credit cards, cash, and other cryptocurrencies.
  4. Start buying Bitcoin on Huobi
    Once your fiat currency or cryptocurrency is in your account, you can start buying Bitcoin. Through your Huobi Global account, you can get trading charts, 24-hour global customer support, and YFI (yearn.finance) derivatives trading.

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What is AYFI (yearn.finance)?

Yearn.finance is a decentralized finance (DeFi) platform that aims to build aggregated liquidity pools, leveraged trading platforms, automated market making, and other functional platforms.

YFI is the native utility token in the yearn.finance platform. Users can obtain this token by providing liquidity to the platform’s aggregated liquidity pool, namely ypool. YFI tokens can be used for platform governance.

yearn.finance currently provides services for borrowers and automatically allocates and transfers the tokens they wish to lend to dYdX, Aave, and Compound to obtain the highest yield.

The platform will also release other products, including yVault, to provide more arbitrage strategies for Synthetix, mStable and other projects.

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