DFI.money (YFII) Feed: Events, News & Roadmap
DFI.money Events on the Chart
What is DFI.money?
DFI.money, also known as YFII, is a fork of the yearn.finance (YFI) project. The project was birthed in response to debates within the YFI community regarding the introduction of YIP-8, a proposal centered on minting additional tokens and creating a reserve fund. When this proposal was rejected, a portion of the community decided to forge a fork incorporating this proposal, leading to the creation of YFII.
Key features of DFI.money (YFII) include:
Automated Process: Like the original YFI project, YFII automates the lending process and other strategies to maximize profits for its users.
Staking: Users can stake their YFII tokens to earn additional rewards.
Decentralization: YFII emphasizes the importance of decentralization, with governance being directed by token holder voting.
Limited Supply: Just as with YFI, YFII has a fixed token supply cap, making it a deflationary asset.
Community-driven: The project is actively supported by a community that takes decisions regarding its future development and platform enhancements.