Yearn Finance Token - YFI Price Soared to $40.4K. How Did It Happen And What's Next?

Yearn Finance Token - YFI Price Soared to $40.4K. How Did It Happen And What's Next? Sergei Khitrov, CEO of the yearn.finance project, explains how this could have happened. YFI token initially traded from the mark of $32, then soared to $39 000. YFI tokens were minted, which is much less than in other cryptocurrencies. As the popularity and amount of funds locked in the protocol increased, the price of YFI also grew.