[Reddit] What is YFI coin? It started at $31.65 8 days ago went up by 10,000%
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What is YFI coin? It started at $31.65 8 days ago went up by 10,000%

<!-- SC_OFF --><div class="md"><p>I think Andre Cronje is trying to teach a valuable lesson.</p> <p>&quot;In further efforts to give up this control (mostly because we are lazy and don’t want to do it), we have released YFI, a completely valueless 0 supply token. We re-iterate, it has 0 financial value. There is no pre-mine, there is no sale, no you cannot buy it, no, it won’t be on uniswap, no, there won’t be an auction. We don’t have any of it.&quot;</p> <p>-------------------</p> <p>Here is an article by Tony Sheng talking about how crypto ponzinomics work.</p> <p><a href="https://tonysheng.substack.com/p/yfi-ponzinomics">https://tonysheng.substack.com/p/yfi-ponzinomics</a></p> <p>&quot;HUGE DISCLAIMER: this is not a recommendation to buy YFI. I hold YFI but it’s not a substantial position.&quot;</p> <p>------------------</p> <p><a href="https://yearn.finance">yearn.finance</a> (YFI) is now currently crashing like a ton of bricks,</p> </div><!-- SC_ON --> Kind Regards R
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