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Yearn.finance is a decentralized smart financial product built on Ethereum. It implements algorithms to shift assets between different smart contracts to attain the highest yields. Yearn.finance launched the YFI token in July 2020. Its price soared from $3 to $30,000 within one month, which rapidly attracted a large number of investors. Its founder, Andre Cronje, is a South African fintech developer. He created Yearn.finance when he realized that different DeFi applications offer different yields. Users flocked to Yearn.finance soon after it was launched. Its market cap reached $1.5 billion by September 2020. Data shows that its total value locked in the network exceeded $6 billion at its peak in November 2021. How did the craze sweep the whole crypto space? How does it work? Let’s explore.

This article discusses the market prospects of AI memecoins, highlighting the significant market cap disparity between AI tech coins and AI memecoins. The author argues that AI memecoins, represented by $GOAT, have created a new investment category that will experience explosive growth similar to DeFi Summer 2020. Using reflexivity theory, the author analyzes the development trajectory of AI memecoins, suggesting they are not merely memecoins but tokenized AGI. The article predicts that as AI agent functionalities improve and real-world applications expand, this sector may reach its peak in Q4 2025.

This article discusses how to make the entire ecosystem more mature as DeFi Summer comes to an end and more and more projects come out.

This article begins by dissecting the operational principles of lending protocols and CDP (Collateralized Debt Position) protocols through Justlend and MakerDAO, respectively. It then uses DYDX to illustrate the significance of protocol risk management.

This article provides a detailed overview of the eight forms of DAOs and their characteristics.

This guide equips you with the knowledge and tools needed to navigate the complex world of hybrid token development in 2024, empowering you to make informed decisions and stay ahead of the curve in the rapidly evolving cryptocurrency market.

Yield Aggregators are protocols that automate the process of yield farming which allows crypto investors to earn passive income via smart contracts.

Elastic supply tokens are a new and growing sector of DeFi. They are tokens whose total supply automatically adjusts to try to maintain a target price. This is done through a process called rebasing, which can be profitable but also risky. Ampleforth is the largest and most established elastic supply token project, but there are many others, including RMPL, YAM, REB, and BASED.

This article explores several representative projects of the Fair Launch concept. Each of them demonstrates innovation and progress in this field with its unique token issuance method.

This article discusses the latest developments and market potential of the Fantom blockchain. Additionally, it explores the new Sonic technology by Fantom and its potential to become a major narrative in the coming years. Challenges faced by Fantom, such as competition with strong rivals like Ethereum and Solana, and the uncertainty surrounding the performance validation of Fantom Sonic technology, are also highlighted. Relying solely on performance metrics as the main narrative may no longer garner much recognition; achieving the narrative vision may be more market-accepted.

The article delves into the market performance and technological innovation of the Fantom public chain, focusing on its recently unveiled Sonic technology. This cutting-edge technology boasts the capability to handle 2,000 transactions per second at sub-second speeds, marking a substantial enhancement in performance. The price of Fantom's governance token FTM has experienced notable growth, with strategic initiatives in the Meme currency ecosystem and DeFi sectors. Moreover, the article touches on the challenges confronting Fantom, such as technical validation, market rivalry, and community trust.

This article reviews the historical "alt-season" phenomenon in the cryptocurrency market, exploring the market's boom and bust across different cycles, including the first "alt-season" in 2012-2013, the ICO craze of 2017, and the rise of DeFi, NFTs, and meme coins in 2021. The author reminds investors of the extreme volatility and high risks in the market, emphasizing the importance of taking profits, risk management, and focusing on long-term investments.

This article delves into Sonic's developments while first introducing the risks of the DeFi Flywheel ecosystem to help newcomers understand its mechanics. It covers Sonic's features, new tokenomics, and ecosystem opportunities, along with insights on how to avoid being the last one holding the bag.

PowerPool (CVP) is a dePIN network providing Transaction Signing as a Service, enabling users to delegate on-chain actions like rewards farming.

The article presents strategies for finding low market cap cryptocurrencies and discusses the use of tools like Nansen's Token Screener to identify new token deployments with growing numbers of smart holders. The author provides examples of low cap projects like MDAI, but also cautions readers to conduct further research and analysis, and not to blindly follow influencers' recommendations. Finally, the importance of risk management is emphasized, and some tools, such as Kaito and Dune dashboards, are shared to help find tokens with potential 100x returns.