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What is YFII (YFII)
Yearn is a Jurong Finance platform that supports multiple DeFi protocols. This Platform aggregation Compound, dYdX, Aave, DDEX protocol. When the user deposits, the platform will automatically allocate the funds to the current agreement with the highest yield. Then yearn will give the user a proof of rights and interests called yToken, and the user can withdraw the original deposited token and the corresponding income through ytoken. The total amount of YFII is 60,000, and each of the three pools is 20,000. The initial state of each pool is 10,000. The output is halved every 7 days. The corresponding proportion of YFII is allocated according to the share of Defi users that provide liquidity for each pool. YFII will finish the distribution within the next 10 weeks.
Token status and distribution
Total supply: 30,000 YFII
Contract address: 0xa1d0E215a23d7030842FC67cE582a6aFa3CCaB83