![]() In all, the reform results in a 6.17x reduction in compensation spending.Īlso, Banteg announced that the Yearn.Finance treasury has $18.1 million in cash in reserves to guarantee "two years of runway saved up" for its team members. The reduction is set to make the Yearn.Finance spending model healthier and keep its stability in a bear market. Previously, 23 Yearn.Finance full-timers shared 45% of the exchange's net profit and 2,000,000 DAI/month floor pool for periods when KPIs were not reached. ![]() The platform can implement 10,000 DAI + $10,000 worth of YFI per month per person, flat compensation level. Per this proposal, Yearn.Finance is ready to adjust its compensation model for full-time contributors amid a bear market. On June 21, 2022, Banteg, a core contributor of Yearn.Finance, published a proposal that may have catalyzed the rally of YFI's price. Yearn.Finance radically changes its compensation policy to keep protocol sustainable amid recession By press time, YFI is changing hands at $6,724 on major spot trading platforms. Tether (USDT) is on a upward monthly trajectory as it has increased 0.4 from Rp15,189.35 since 1 month (30 days) ago. USDT to IDR Chart USDT to IDR rate today is Rp15,256.57 and has increased 0.0 from Rp15,253.01 since yesterday. In the last six months, the YFI price plummeted from $40,000 to $4,000. Convert Tether to Indonesian Rupiah (USDT to IDR) USDT IDR 1 USDT Rp15,256.57 Last updated 05:05AM UTC. However, YFI remains one of the worst sufferers of Crypto Winter: it has lost over 92% since its all-time high. It allowed YFI to erase its losses in the last three weeks: for the last time, YFI was over $8,000 in early June. The YFI price jumped from $5,400 to almost $8,000 in a matter of hours. The most impressive phase of the rally started yesterday, on June 24, 2022. ![]() However, after reching the bottom, the asset started rallying. USDT/YFI price today is 0.2153 with a 24-hour trading volume of 1116.81. ![]() On June 18, 2022, the YFI price dipped below 22-month lows and almost plunged to the $4,000 level. We update the YFI/USDT price in real-time. YFI, a core native cryptocurrency of high-performance DeFi aggregator Yearn.Finance, demonstrates rocketing performance despite an accelerating bearish recession in crypto. This DEX pair has a 24-hour trading volume of 27.78 USD. ![]()
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