Exchange Yield Protocol Token

yield Price Live Data

The live Yield Protocol Token price today is $ 0 usd with a 24-hour trading volume of $0 usd. We update our YIELD to usd price in real-time. Yield Protocol Token is down 0% in the last 24 hours. The current coinmarketcap ranking is #, with a live market cap of $0 usd.

What Is Yield Protocol Token (yield)?

Yield Protocol brings collateralized fixed-rate,fixed-term borrowing and lending and interest rate markets to decentralized finance. This solves a major pain point around today's DeFi lending protocols: predictable interest rates. Existing DeFi protocols offer only variable interest rates. These protocols may experience interest rate volatility that can make it difficult for you to plan for the future, make investment decisions, and properly hedge risk when borrowing and lending. Yield Protocol allows you to have a "set and forget" experience, instead of constantly rebalancing your assets across DeFi in an effort to minimize your borrow rates or maximize your lending yields. We accomplish that with a new primitive, fixed yield tokens, or fyTokens for short. fyTokens are Ethereum-based tokens (ERC20) that may be redeemed one-for-one for a target asset after a predetermined maturity date.