About Yield Yak
Yield Yak is an easy-to-use tool to earn more yield from DeFi farming on the Avalanche network. It is a community-driven project. Our community compounds rewards, suggests new strategies, proposes key configuration updates and contributes to development. Yield Yak farms can run forever, without the team's involvement. Staked $YAK will receive $AVAX. YY network revenue (collected in tokens, usually) will be converted to AVAX and distributed to stakers.
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Trading Insights
Searched
1
Market Stats
Market Cap
$2.25M
-10.14%
FDV
$2.25M
Circ. Supply
10K YAK
Max Supply
10K YAK
Total Supply
10K YAK
Diluted Valuation
$2.29M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$5.29K
314.13%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
$15.48K
Price Change (1Y)
-52.97%
Additional info about Yield Yak
Recent trends
The latest YAK price is $227.00. Compared to Yield Yak's value of $256.50 from 24 hours ago, there's been a -11% decrease, while the current price is -19% down from $281.82 which was recorded one week ago. Yield Yak's all time high is $15,482.62, which was reached on August 30, 2021. This is a -99% change from its price today.
The current circulating supply of Yield Yak is 10,000. This is 100% of its max supply of 10,000 YAK and 100% of its total supply of 10,000. The market cap is currently $2.25M, which is a result of multiplying the current price of Yield Yak($227.00) by the total supply(10,000 YAK). The fully diluted valuation of Yield Yak is $2.25M. The diluted valuation of Yield Yak is $2.25M.
Market details
YAK vs markets
↘ 62.52%
YAK vs BTC
↘ 68.58%
YAK vs ETH
↘ 30.14%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Avalanche C-Chain | 0x59414b3089ce2AF0010e7523Dea7E2b35d776ec7 | |
Arbitrum | 0x7f4dB37D7bEb31F445307782Bc3Da0F18dF13696 |
Price history
Time | Price | Change |
|---|---|---|
Today | $227.00 | ↘ 11.45% |
1 Day | $256.50 | ↘ 11.45% |
1 Week | $281.82 | ↘ 19.45% |
1 Month | $292.32 | ↘ 22.34% |
1 Year | $482.67 | ↘ 52.97% |
FAQ
Yield Yak is a community-driven project and a user-friendly tool to earn more yields from DeFi farming on the Avalanche network. Avalanche is a programmable and open smart contract platform designed for decentralized applications. Further, the project has its own token YAK that is powered by the community and has built and supported the economic and diverse auto compounder in the market. Auto-compounding is a process where yield farming rewards get automatically sold and re-added to the pool to achieve higher APY (annual percentage yield). Yield farming is a way of gaining interest in cryptocurrency, just like how individuals earn interest on any capital in the savings account.
In order to support this yield framework, the project encompasses the following steps:
Further, Yield Yak allows all farmers to gain more yield by pooling the assets and mingling the prices compounding costs. The strategy implies much more traditional compounding, which occurs automatically. Notable Yield Yak farms compound happens every few minutes or hours. Reward tokens are transformed into deposit tokens in the name of all individuals in the pool multiple times a day, delivering users with a combined price disclosure to reward assets.
According to its whitepaper, to support this entire yield mechanism of the project, the project introduced its cryptocurrency, the YAK token. The YAK is the native utility token of the project and is used for:
These utilities of the project ensure the development of a sound operational structure, which signifies the project is self-sufficient, where the community provides rewards, presents new strategies, offers key configuration updates, and contributes to growth.
YAK has a total supply of 10,000,000,000 tokens.
We update our Yield Yak to USD currency in real-time. Get the live price of Yield Yak on Coinbase.
The current market cap of Yield Yak is $2.25M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Yield Yak is $15,482.62. This all-time high is highest price paid for Yield Yak since it was launched.
Over the last 24 hours, the trading volume of Yield Yak is $5.29K.
Assets that have a similar market cap to Yield Yak include Qubit, Wanaka Farm, Ceres, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Yield Yak is 10 thousand.
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Yield Yak calculator
1 Yield Yak (YAK) to Japanese Yen (JPY)
¥32,712.69
1 Yield Yak (YAK) to Indian Rupee (INR)
₹19,461.51
1 Yield Yak (YAK) to Real (BRL)
R$1,268.69
1 Yield Yak (YAK) to Nigerian Naira (NGN)
NGN 354,342.03
1 Yield Yak (YAK) to South Korean Won (KRW)
₩308,268.47
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