DFI.Money announced its transition from $YFII to $DFI. YFII Finance is the former name of DFI.Money. YFII Finance is a fork of YFI with a YIP-8 implementation.
https://twitter.com/DfiMoney/status/1298942633406943233?s=19
It's time to gradually transition $YFII into $DFI
Being the little sister of $YFI has been an amazing journey, thank you my crypto godfather @AndreCronjeTech and my crypto dad @BlockExpl0it
Now it's time for a better, stronger, versatile version of me https://t.co/I8DubxBxka pic.twitter.com/UPvscIPaGB
— DFI.money | previously known as YFII (@DfiMoney) August 27, 2020
DFI.Money also announced that it is just a branding upgrade and not a token swap.
“kindly reminder: the upgrade into DFI.money is a branding upgrade instead of a token swap. The native currency will be $YFII still unless we have future governance proposal passed for a 1-1 token swap (if use case demands)”.
kindly reminder: the upgrade into https://t.co/zFmTCFVrYD is a branding upgrade instead of a token swap. The native currency will be $YFII still unless we have future governance proposal passed for a 1-1 token swap (if use case demands)
stay clam and keep shipping 🙂 https://t.co/MLJWDNHAW6
— DFI.money | previously known as YFII (@DfiMoney) August 27, 2020
DFI.Money has held a good position in the crypto industry, as the token is listed on various popular exchanges like Uniswap, HotBit, Huobi, Balancer, Coin Tiger and many others. Recently, OKEx announced that it has listed a range of tokens like BAND, JST, REN, RSR, YFI, wNXM, YFII, TRB.
Another great news of $DFI is that initially, the total supply of the token was 60,000, later 20,000 tokens were burned resulting in a total supply of 40,000 tokens. But now, 8.1547 $YFII were permanently burned and the total supply has been reduced to 39,991 tokens.
DFI.Money also announced that their vault has repurchased 4,963.52 $YFII, accounting for 12.41% of the total supply, which equals to more than $4.46 Million at Huobi market price. This is a piece of great news to all the $YFII token holders.
BIG MILESTONE:
Our vault has repurchased 4,963.52 $YFII, accounting for 12.41% of the total supply, equals to more than $4.46 Million at Huobi market price.
8.1547 $YFII were permanently burned and the total supply has been reduced to 39991
Congrats to $YFII holders 🙂
— DFI.money | previously known as YFII (@DfiMoney) August 26, 2020
DFI.Money Price Analysis
At the time of writing, DFI.Money price today is $2,724.30 with a 24-hour trading volume of $92,539,631. YFII price is up 83.3% in the last 24 hours. It has a circulating supply of 38 Thousand coins and a max supply of 38.8 Thousand coins. $DFI token came into existence on July 29, 2020, with a price of $460.74. During its first week, the token was ranging between $200-$300. But, in the last week, the currency was trading at a good price and today the $DFI saw its highest price of $2,978.39. The Balancer Exchange is the current most active market trading it.
About DFI.Money
DFI.Money is the branding upgrade of YFII Finance. YFII Finance is a fork of YFI which acts as a governance token with a YIP-8 implementation model. Uniswap, Balancer, 1inch, Hoo.com, Vines, LBank, & BKEX exchanges have listed this token. According to CoinGecko, the DFI.Money statistics are as follows:
- DFI.Money ROI – 2675.3%
- Market Rank – #110
- Circulating Supply – 37,505 YFII
- Total Supply – 38,750 YFII
- Max Supply – 40,000 YFII
- All-Time High – $$2,978.39 USD (Aug 29, 2020)
- All Time Low – $96.29 USD (Aug 03, 2020)
Must Read: YFII Finance – An Innovative Decentralized DeFi Mining Pool
About YFI
YFI is a governance token of yEarn which was previously called iEarn. The YFI token follows a “Governance Model” it means that the token value comes from voting on where the protocol will go next. Yearn.Finance price today is $24,192 with a 24-hour trading volume of $425,647,498. YFI price is up 27.2% in the last 24 hours.
DFI.Money official websites
The DFI.Money website is yet in the beta version, but the token has gained a good reputation which means that the token has a good potential and it is here to stay for a longer time.
The links to the official sites of DFI.Money is as follows:
Website: https://dfi.money
Twitter: https://twitter.com/FinanceYfii
Telegram: https://t.me/yfiifinance
GitHub: https://github.com/yfii/vault
