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.

Atualizamos o preço de Yield Yak em BRL em tempo real. Consulte a atual cotação de Yield Yak na Coinbase.

A capitalização de mercado atual do Yield Yak é de R$ 9,498 mi. Uma capitalização de mercado elevada indica que o ativo está altamente valorizado no mercado.

A máxima histórica do Yield Yak é R$ 85.837,83. Essa máxima história é o maior valor já pago pelo Yield Yak desde o seu lançamento.

Nas últimas 24 horas, o volume de negociação do Yield Yak é R$ 3,288 mil.

Os ativos que têm uma capitalização de mercado semelhante ao Yield Yak incluem Weird Medieval Memes, ReddCoin, Boysclub on Base e muitos outros. Para ver uma lista completa, consulte nossos ativos com capitalizações de mercado semelhantes.

A oferta atual em circulação do Yield Yak é 10 mil.