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Cryptocurrency Ecosystem => Crypto Exchanges => Topic started by: Galaxy on September 12, 2020, 07:30:00 PM

Title: Coinbase Effect Hits DeFi as yEarn’s YFI Token Surges 10% on Pro Listing News
Post by: Galaxy on September 12, 2020, 07:30:00 PM
A coming listing on Coinbase Pro has brought a boost to yEarn.Finance’s already highly priced token.

The YFI token soared an additional $6,000 – more than half the current price of a bitcoin – on the news it will be listed on the more advanced level "Pro" exchange.
Coinbase announced Thursday it will begin accepting deposits for the decentralized finance (DeFi) coin on from next week.
In response, YFI tokens jumped approximately 10% from just over $29,000 to nearly $35,000 in the space of a couple of hours.
Info link: https://www.coindesk.com/coinbase-effect-hits-defi-as-yearns-yfi-token-surges-10-on-pro-listing-news