Yield Protocol Token
YIELD Price
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.
Where can you buy Yield Protocol Token?
YIELD tokens are currently unavailable to trade on exchanges listed on CoinGecko. Information will be updated when the token is available on centralized/decentralized exchanges.
When can we expect Yield Protocol Token (YIELD) tokens to launch?
While CoinGecko cannot provide details on the launch of YIELD tokens, you can stay updated on YIELD's price movements by adding YIELD to your watchlist.