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Another YFI Copycat Enters Death Spiral, Crashing 99% In Two Days

Another YFI copycat enters a death spiral making it crash by 99% percent in over two days as we are reading more in the upcoming altcoin news today. Yearn.finance has become an instant hit and preferred product of the Ethereum decentralized finance space. The native token which many consider it the “fairest cryptocurrency since bitcoin” rallied by more than 100,000 percent in the span of one week. The investors took interest in the project and now the total value locked in yearn.finance spiked to make it to the eight biggest Defi protocol. YFI’s success spawned yet another YFI copycat that…

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