![Northern lights](https://loka.nahovitsyn.com/135.jpg)
Yearn solved this problem by integrating many different blockchain protocols. Using the Yearn project, users didn’t have to flip through multiple DeFi sites to get yield farming profits. Why was this so revolutionary? Before yield farming got mainstream, users had to stake individually with each protocol, having to learn about many projects. This is made possible by allocating the capital to staking pools offering the best returns across the network. Yearn Finance is a DeFi platform where users can deposit and stake their ERC20 tokens.
![yfii vs yfi yfii vs yfi](https://s3.tradingview.com/c/CPELYvHs_big.png)
However, yEarn has a few more capabilities added to its arsenal.
#Yfii vs yfi professional
You can look at yEarn as the first professional attempt at creating a yield farming project. Going further, iEarn was rebranded as yEarn by Andre Cronje. Yearn Finance began its operations in February 2020 with another project known as iEarn Finance. Let’s learn what’s unique about each project and why it has been created? If you are not very familiar with yield farming, check out our detailed guide on yield farming. This article takes a look at all the different Yearn Finance projects and forks. At the moment, there are 29,968 YFI tokens in circulation already, according to CoinMarketCap. The maximum supply can never exceed 30,000 YFI tokens.
![yfii vs yfi yfii vs yfi](https://i.imgur.com/8QDn72o.png)
The YFI token attained highs of over $38,000 in August and even peaked above $43,000 in mid-September 2020.ĭo you know what’s the difference between the YFI project and other majority governance tokens in DeFi? Scarcity! Yes, there’s a very limited supply of YFI tokens. It broke Bitcoin’s record of the all-time high in terms of USD prices. Have you heard about Yearn Finance’s YFI token? It acts as a governance token for its decentralized finance platform.
![Northern lights](https://loka.nahovitsyn.com/135.jpg)