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Crypto news on the cryptocurrency market for 11/09/2022 bitcoin new Ethereum Bybit Binance DFI Money
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Crypto news on the cryptocurrency market for 11/09/2022 bitcoin new Ethereum Bybit Binance DFI Money (YFII) YFII/USDT, PAX Gold (PAXG) PAXG/BUSD, Aavegotchi (GHST) GHST/BUSD
1. FTX exchange halts all crypto withdrawals.
2. Shiba Inu’s market cap slips below $6 Billion.
3. Crypto market liquidations top $875M in last 24 hours.
Which cryptocurrency has the highest growth on 11/09/2022:
Aavegotchi (GHST) GHST/BUSD -1.39%
PAX Gold (PAXG) PAXG/BUSD +2.11%
DFI Money (YFII) YFII/USDT +34.25%
DFI.Money (YFII) A yearn.finance Fork for Liquidity Provision and Yield Farming Strategies.
DFI.Money (YFII) is a Decentralized Finance (DeFi) platform which aims to build products on aggregated liquidity provision, leveraged trading, automated marketing making, and more.
DFI.Money (YFII) is a fork of yearn.finance (YFI), after yEarn Improvement Proposal #8 (YIP-8) which proposed to prolong the minting of the platform utility token YFI by another 2 months and with a weekly-halving emission curve was rejected.
The YFII token is the native utility token of the DFI.Money platform. Users can earn it by contributing liquidity to DFI.Money's aggregated liquidity pool, and use the token for platform governance.
DFI.Money currently provides a profit optimizing service for lending providers, moving providers' funds between lending protocols such as Aave, and Compound autonomously for highest return. Future strategies are being developed in its vaults section.
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Our videos ARE NOT financial advice.
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