YFI Documents: Whitepaper Max Supply:
36,637.72 Token Release schedule:
released. According to the YFI documents, more can be minted if users vote for it. Token distribution:
All YFI tokens are owned by members of the community; no tokens were reserved for founders and VC investors, unlike with other protocols
Use of token: YFI is a governance token built on the Ethereum blockchain following the ERC20 standard. The native token YFI is used for governance over the network and is distributed exclusively through active participation and liquidity provision.
Alongside its function as a governance token, YFI is also a tradable cryptocurrency.