Founded by Andre Cronje, this DeFi coin is the most traded cryptocurrency by Ethereum Whales today – Ethereum – US Dollar ($ETH)


Yearn.finance (CRYPTO:YFI) has become the most traded cryptocurrency by the 1,000 largest Ethereum (CRYPTO:ETH) wallets in the past 24 hours.

What happened: Yearn.finance also ranked seventh among the most used smart contracts by the Ethereum whales, according to data from cryptocurrency data platform WhaleStats.

See also: How to buy Yearn.Finance (YFI)

Why it matters: Yearn.finance is a collection service for decentralized financial (DeFi) investors, who use automation to enable them to maximize profits from yield farming.

The project — formerly known as iEarn — is the brainchild of Andre Cronje, who recently announced his departure from DeFi.

Yearn.finance retweeted a post Tuesday noting that the project has generated more than $100 million in revenue, despite Crone’s departure from the project a year ago.

Andre Cronje left Yearn over a year ago and since then the project has generated over $100 million in revenue and promoted profit sharing to partners.

The desire is much greater than anyone else, thanks to Andre. https://t.co/TO51NvqqWT

— eberle.eth (@defiginger) March 7, 2022

Price Action: Yearn.finance is up 6.7% in the last 24 hours, trading at $19,831.32 at the time of writing.

Read next: Bitcoin, Ethereum, Dogecoin trading muted, weighed down by Russia-Ukraine war – but this crypto remains unstoppable


This post Founded by Andre Cronje, this DeFi coin is the most traded cryptocurrency by Ethereum Whales today – Ethereum – US Dollar ($ETH) was original published at “https://www.benzinga.com/markets/cryptocurrency/22/03/26053743/this-defi-coin-founded-by-andre-cronje-is-the-most-traded-crypto-by-ethereum-whales-today”

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