Yield Yak is a community-driven project and a user-friendly tool to earn more yields from DeFi farming on the Avalanche network. Avalanche is a programmable and open smart contract platform designed for decentralized applications. Further, the project has its own token YAK that is powered by the community and has built and supported the economic and diverse auto compounder in the market. Auto-compounding is a process where yield farming rewards get automatically sold and re-added to the pool to achieve higher APY (annual percentage yield). Yield farming is a way of gaining interest in cryptocurrency, just like how individuals earn interest on any capital in the savings account. 

In order to support this yield framework, the project encompasses the following steps: 

Further, Yield Yak allows all farmers to gain more yield by pooling the assets and mingling the prices compounding costs. The strategy implies much more traditional compounding, which occurs automatically. Notable Yield Yak farms compound happens every few minutes or hours. Reward tokens are transformed into deposit tokens in the name of all individuals in the pool multiple times a day, delivering users with a combined price disclosure to reward assets.

According to its whitepaper, to support this entire yield mechanism of the project, the project introduced its cryptocurrency, the YAK token. The YAK is the native utility token of the project and is used for:

These utilities of the project ensure the development of a sound operational structure, which signifies the project is self-sufficient, where the community provides rewards, presents new strategies, offers key configuration updates, and contributes to growth. 

YAK has a total supply of 10,000,000,000 tokens.

Nous mettons à jour la valeur de nos Yield Yak dans la devise USD en temps réel. Obtenez le prix des Yield Yak en direct sur Coinbase.

La capitalisation boursière actuelle de Yield Yak est de 987,843 k $US. Une capitalisation boursière élevée implique que l'actif est hautement valorisé par le marché.

Le plus haut historique de Yield Yak est de 15 482,62 $US. Ce plus haut historique correspond au prix le plus élevé payé pour Yield Yak depuis son lancement.

Au cours des dernières 24 heures, le volume d'échange de Yield Yak est de 57,072 $US.

Parmi les actifs qui ont une capitalisation boursière similaire à Yield Yak, on trouve Penguin Finance, Metacces, JustAnEGG, et bien d'autres actifs. Pour voir la liste complète, consultez la liste de nos actifs à capitalisation boursière comparable.

L'offre actuelle de Yield Yak en circulation est de 10 mille.