Yearn.finance’s native YFI token has delivered one of the most impressive performances in the DeFi sector, surging 87% in just seven days following the announcement of a $7.5 million buyback program. The token’s remarkable rally from approximately $18,566 to $37,052 demonstrates growing investor confidence in the platform’s strategic initiatives and underscores the potent impact of tokenomics in the decentralized finance landscape.
about Yearn.finance's YFI Token Surges 87% on $7.5M Buyback Newsyearn.finance
0 posts last weekFilecoin’s O3: S3-Like Storage with Smart Contract Control
Filecoin’s O3, developed by Akave Network, brings decentralized storage with smart contract-based access control, offering a transparent alternative to traditional cloud solutions like Amazon S3. Features include PublicAccessBlock and ACL via smart contracts, ensuring precise data governance. Filecoin also enhances its ecosystem with FilCDN for faster data delivery and a cross-chain bridge with Avalanche, enabling secure multi-chain data transfers. The Filecoin Virtual Machine (FVM) hosts over 5,000 active smart contracts, supporting projects in AI, DeFi, and beyond. With FIL’s price rising, Filecoin’s market cap now exceeds $1.65 billion, reflecting its growing adoption.
about Filecoin's O3: S3-Like Storage with Smart Contract ControlAndre Cronje Reveals SEC Pressure Led to His Exit from Crypto
Andre Cronje, founder of the Sonic blockchain, revealed that regulatory pressure from the SEC led him to quit the crypto space in 2022. After receiving multiple hostile inquiries regarding his DeFi platform Yearn Finance, he found himself diverted from development to focus on legal battles, ultimately choosing to step away due to the stress and lack of personal benefit. Now, he shares his experience as the SEC shifts its approach.
about Andre Cronje Reveals SEC Pressure Led to His Exit from Crypto