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.

我们实时将 Yield Yak 更新为 USD 货币。通过 Coinbase 获取最新 Yield Yak 价格。

Yield Yak的当前市值为 US$606.07万。高市值意味着该资产在市场上的价值很高。

Yield Yak的历史最高价位是 US$15,482.62。这是Yield Yak自推出以来的最高价格。

在过去 24 小时内，Yield Yak的交易量为 US$1.23万。

与Yield Yak具有相似市值的资产包括VELAAI, Bedrock, Official Crypto Nostra和许多其他资产。要查看完整列表，请参阅我们的可比市值资产。

Yield Yak的当前流通供应量是 1万。