Decentralized finance is still considered practically new in the crypto industry. What is DeFi you asked? Well, DeFi stands for decentralized finance which is an ecosystem of financial apps built on a blockchain that operates independently. It does t...Morehis by cutting off the central authority from the system. The number of DeFi platforms have skyrocketed due to some investors realizing the benefits of decentralized exchange in the cryptocurrency industry. The popularity really lies in the fact that it creates a stable and transparent financial structure. There are a number of DeFi apps that have been developed since DeFi made its debut. Some of these apps are Uniswap, Compound, Open Sea, and YIELD which is the one we’ll be focusing on today. DeFi has an ever-growing number of platforms and many more are in development as we speak.
A quick snapshot of YIELD App ROI (return on investment) over different time periods.
We could not find the team behind this project. Projects with transparent founders and team usually have a higher chance of success. If you think this is wrong, please report to firstname.lastname@example.org.
Projects with a public Github account have more transparency and reliability. It's best to invest in projects with multiple contributors and commits (code developed and pushed to Github).
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Projects with low liquidity and smaller market cap are generally more risky. As the projects become more popular and traded with more people, they are less volatile and considered better investments.
Check the historical data and price changes on Coingecko.com
We do not have any data on the market cap and liquidity of this project.
No investors found. Usually projects with proper investors have a higher chance of success. These investors who are venture capitalist, have done their due diligence before investing. If you think this is wrong please report to firstname.lastname@example.org.
Project announcements and news have a significant impact on the price. Below are live updates from YIELD App's Twitter and Reddit accounts.
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