Buy yearn.finance in Australia on CoinJar

yearn.finance

YFI
$0.000AUD
Past performance is not indicative of future results. All prices are sourced from CoinJar Indices.
YFI price calculator
AUD
YFI

Overview

#277Popularity
DeFiAsset type
2020Active since
Official site

What is yearn.finance?

Why do investors buy Yearn.finance (YFI)? Yearn.finance, also known as Yearn, is a ‘toolbox’ for people who use cryptocurrencies. It helps them earn interest from their digital assets.

What Is Yearn.finance? How does it work?

Yearn operates on the Ethereum blockchain. It also works with other decentralised exchanges like Balancer and Curve. Its main job is to help people make more money from their crypto assets by using (which stands for Decentralised Finance).

Vaults: Maximising yield

offers a range of vaults where users can deposit their tokens to earn yield. These vaults automatically move assets between different DeFi lending protocols (such as Aave and Compound) to maximise returns.

By doing so, users benefit from higher yields without actively managing their assets.

Governance participation

Yearn.finance’s native token is YFI. Holders of YFI have the opportunity to participate in governance decisions. This means they can vote on proposals related to the protocol’s development, changes, and upgrades. YFI holders play a crucial role in shaping the future of Yearn.finance.

yCRV and yETH Strategies

yCRV: Yearn.finance provides a strategy called yCRV, which aims to achieve the best CRV (Curve) yields in DeFi. CRV is a stablecoin liquidity pool token, and Yearn optimises its returns for users.

yETH: For those holding Ethereum (ETH), Yearn.finance offers a straightforward, risk-adjusted liquid staking yield strategy. Users can stake their ETH and earn rewards without locking it up for an extended period.

This is a protocol designed to enhance yield opportunities for digital assets. While the details of yPrisma are continually evolving, it aims to provide additional ways for users to earn yield within the Yearn ecosystem.

Why Is Yearn.finance worth looking at?

Automated optimisation

Yearn.finance’s vaults automatically manage assets, ensuring users get the best returns without active intervention.

Community governance

YFI holders actively participate in shaping the protocol, fostering a decentralised decision-making process.

Diverse strategies

Yearn offers various strategies (like yCRV and yETH) to cater to different risk appetites and asset types.

Innovation

The introduction of yPrisma demonstrates Yearn’s commitment to continuous improvement and innovation.

How to Use Yearn.finance

Connect Wallet: Visit the Yearn.finance website and connect your wallet.

Explore Vaults: Browse the available vaults, choose one that suits your preferences, and deposit your tokens.

Earn Yield: Let Yearn.finance’s automated strategies do the work for you. Monitor your earnings and participate in governance if you hold YFI.

Conclusion: Buy Yearn.Finance (YFI)

Yearn.finance is a DeFi protocol that optimises yield, is run by its community, and offers innovative strategies for crypto enthusiasts. Whether you’re a yield seeker or a governance enthusiast, Yearn is worth looking into.

How to Buy Yearn.finance (YFI) on CoinJar

If you’re interested in acquiring Yearn.finance (YFI), CoinJar provides a straightforward process to get started.

Follow these simple steps:

Sign Up to CoinJar: Download the CoinJar app on iOS or Android.Create an account and complete the ID verification process.

Deposit Funds: Transfer funds from your bank account using bank transfer, PayID, or Osko.

Purchase YFI:Once your account is funded, you can buy YFI directly using cash or credit card.

logo_payment-method_payid.svg
logo_payment-method_osko.svg
best crypto exchange, buy bitcoin,
logo_payment-method_mastercard.svg
best crypto exchange, buy bitcoin,
Faster_Payments_logo.svg
logo_payment-method_apple-pay.svg
logo_payment-method_google-pay.svg

Cash, credit or crypto?

Buy yearn.finance instantly using Visa or Mastercard. Get cash in your account fast with bank transfer, PayID or Osko. Convert crypto-to-crypto with a single click.

How to buy yearn.finance with CoinJar

Start your portfolio with Australia's longest running crypto exchange with these simple steps.
Step oneSign up to CoinJarGet the CoinJar app on iOS or Android, create an account and verify your ID.
Step twoDeposit funds Transfer funds from your bank account using bank transfer, PayID, Osko, SEPA or Faster Payments.
Step threeBuy your first cryptoBuy Bitcoin and more than 60 other cryptos using cash or credit card.
best crypto exchange
best crypto exchange
best crypto exchange
finder award crypto trading value coinjar
finder award most loved brand coinjar
finder award most trusted brand coinjar
finder award quality service coinjar
Get the CoinJar app
App store
App Store Rating - Apple
App store
App Store Rating - Google (UPDATED).svg
AppReviews logo
Great
Trustpilot ratings 4 star
TrustScore 4.2 |Trustpilot

Featured In

featured-in_compilation_desktop_au@1920w.png

mastercard_pay_mark_0350ee9c9b.svg
footer_logo_1_6a238f8aff.png
apple_pay_mark_7d779715ad.svg
google_pay_mark_800_1_d4e5c13bff.svg
promo_coinjar-card@1920w.png

CoinJar Card

CRYPTO SPENDING POWERED BY MASTERCARD®
CoinJar Card lets you spend your crypto like cash, online and in-store – with both Apple Pay and Google Pay™. It’s free to set up, has no monthly fees and you earn CoinJar Rewards every time you spend.

CoinJar Bundles & DCA

AUTOMATE & DIVERSIFY YOUR PORTFOLIO
Invest in themed baskets of crypto with CoinJar Bundles. Pick your Bundle in the CoinJar app and dollar buy, sell, rebalance, unbundle and dollar cost average your assets with ease. Use Recurring Buy to set up automated weekly, fortnightly, or monthly purchases at your chosen rate.
best crypto exchange, buy bitcoin, buy tether, buy xrp
best crypto exchange, buy bitcoin, buy tether, buy xrp

CoinJar Exchange

TRADE FOR AS LOW AS 0%
With one of the fastest matching engines in the world, CoinJar Exchange is purpose-built for institutions, market makers and professional traders. Features global liquidity, ultra-thin spreads and some of Australia’s most competitive fees.
CoinJar does not endorse the content of, and cannot guarantee or verify the safety of any third party websites. Visit these websites at your own risk.

CoinJar
Company
Support
Legal
Crypto on CoinJar
App storeApp store

Your information is handled in accordance with CoinJar’s .

CoinJar’s digital currency exchange services are operated by CoinJar Australia Pty Ltd ACN 648 570 807, a registered digital currency exchange provider with AUSTRAC.

CoinJar Card is a prepaid Mastercard issued by EML Payment Solutions Limited ABN 30 131 436 532 AFSL 404131 pursuant to license by Mastercard. CoinJar Australia Pty Ltd is an authorised representative of EML Payment Solutions Limited (AR No 1290193). We recommend you consider the and before making any decision to acquire the product. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.

Google Pay is a trademark of Google LLC. Apple Pay is a trademark of Apple Inc.

This site is protected by reCAPTCHA and the and apply.

CoinJar logo
CoinJarGet the app.
Install app