I noticed that Yearn finance has experienced a significant drop recently. I'm curious to understand the reasons behind this decline. Could it be
market conditions, internal issues, or some other factors?
5 answers
SakuraBlooming
Wed Nov 27 2024
Another factor contributing to the price volatility of YFI could be its tokenomics.
CryptoVanguard
Wed Nov 27 2024
YFI boasts a comparatively limited circulating supply.
Daniele
Wed Nov 27 2024
This limited supply makes YFI more prone to significant price fluctuations.
Martino
Wed Nov 27 2024
The launch of V3 has potentially unveiled a series of unforeseen problems or weaknesses.
charlotte_bailey_doctor
Wed Nov 27 2024
These issues have sparked worries among investors who are closely monitoring the situation.