Henry Green
2 min readSep 10, 2021

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A new boom is brewing in the cryptocurrency market, similar to what happened with the ICO in 2017. Now the trend has become projects from the field of decentralized finance (DeFi). These are platforms that provide financial services, such as lending or opening a deposit.

One such project is Yearn.Finance (YFI) a yield aggregator for lending platforms that rebalances to maximize profitability during contract interactions and moves assets between different liquidity pools. Holders of YFI tokens can vote on protocol management decisions.

YFI was the first altcoin in history to surpass the value of Bitcoin. yEarn Finance is a DeFi protocol that started trading on July 18, 2020 at a price of $35 and a week later it was priced at $4,800. On August 30, 2020 the YFI price updated its first all-time high at $38,000, which was 230% higher than the current Bitcoin rate of $11,600. The project capitalization exceeded $1 billion and in the ranking of the largest digital coins it outstripped Dash cryptocurrency. On May 12, 2021 on the Binance crypto exchange, the YFI token updated its all-time high at $95,000. Since the launch of the project in July 2020 the price of the altcoin has risen by 271,000%!

A total of 30,000 tokens have been issued. The limited supply is obviously the main factor behind the rise in YFI prices.

YFI is an outstanding example of fair start-up and fair management. The project has always been open source. Andre Cronje, developer and co-founder of yEarn Finance, has put the project at the disposal of the community for true decentralization.

We are, the GreenMiningMovement project team, have released a token that is starting to gain momentum. Just like Yearn.Finance, we started trading GMMT token from the Uniswap platform. Those who believe in us now can confidently count on solid earnings in the near future. The expected growth of the GMMT rate next year is 1000%.

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Henry Green

Crypto enthusiast, co-founder at GreenMiningMovement