Cryptocurrency Ethereum Yield (ETHY)
The price for Ethereum Yield (ETHY) cryptocurrency is currently 1.85 $ (15 min delay),
daily range of currency change is 1.81 - 1.85 .
Last 24 hours news: trading volume -
1.22K $, price variance
+1.87%
.
Project Website - https://ethereumyield.farm/
Explorer of transactions - https://etherscan.io/token/0xd1AFBCCC9A2c2187ea544363B986EA0AB6EF08B5
Twitter Account - https://twitter.com/EthereumYield
Chart Ethereum Yield (ETHY)
Current price Ethereum Yield (ethy) | 1.85 $ |
Market Capitalization | 296.59K $ |
Trading Volume last 24h | 420.54 $ |
Market cap rank | № 2656 |
Absolute maximum | 32.82 $ |
Absolute minimum | 1.19 $ |
Ethereum Yield Quotes
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What is Ethereum Yield (ETHY)
Users are incentivised to stake Uniswap liquidity provider tokens. Fees from these tokens are farmed. A percentage of these fees goes toward the autonomous strategies like liquidating LP tokens, and performing an (`ETH-ETHY`) buy back (increasing the price). Any purchased ETHY tokens will be distributed to stakers/farmers
ETHY implements a strong deflationary force on each token. Every time an ETHY token is transferred, a small fee is taken, which is returned to the farmers. This mechanism incentivises holding and farming.
ETHY holders will be able to vote on proposalsâ so long as they have staked liquidity in the pools. The community will decide everything from developer fees and site design to the exact farming options available.
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