What’s Yearnyfi: How to Benefit from YNI Token?

Learn about Yearnyfi Network and how to trade YNI token on Tokpie.

Today, let’s learn about Yearnyfi Network and its YNI Token. Read below to know the advantages of this new DeFi platform.

What is Yearnyfi Network?

The high cost of transactions in the Ethereum chain leads to the growth of DeFi platforms built on other blockchains. But another issue arises – connecting different protocols into one network. So, the Yearnyfi Network aims to solve this problem by providing a multi-chain decentralized finance ecosystem. The team has already connected to Ethereum and Heco Blockchain.

What are YNI Token benefits?

The usage of the YNI (ERC-20) token allows for getting four benefits. The first benefit is getting passive income by staking tokens. The second benefit comes from tokens farming. The third one includes the liquidity mining process. Finally, token holders will benefit by using the Yearnyfi decentralized exchange.

How to buy YNI tokens?

To purchase Yearnyfi tokens for USDT, ETH, or WBTC do three simple steps:

  1. Fund your account with USDT, ETH, or WBTC. If you don’t have crypto, you can purchase ETH and USDT with a bank card in a few minutes.
  2. Open the YNI/ETH, YNI/USDT, or YNI/WBTC order book and place your trade order to buy. Use this instruction if you don’t know how to place a trade order.
  3. Withdraw Yearnyfi tokens to your personal Ethereum wallet or hold them on the account.

How to sell YNI tokens?

To sell Yearnyfi tokens for USDT, ETH, or WBTC, follow three steps:

  1. Deposit Yearnyfi tokens on your account.
  2. Open the YNI/ETH, YNI/USDT, or YNI/WBTC order book, and place your trade order to sell. Read the instruction if you don’t know how to place a trade order.
  3. Withdraw ETH, USDT, or WBTC to your personal Ethereum wallet or hold them on the account.

How to deposit YNI tokens?

To deposit Yearnyfi’s tokens on your Tokpie account, follow this guide. Also, make sure that you are going to deposit tokens that relate to this smart contract address. If you deposit the wrong tokens, Tokpie could not identify your transfer.

Note: Tokpie doesn’t charge any fees for depositing.

How to withdraw YNI tokens?

To withdraw Yearnyfi’s tokens from your Tokpie account, use this instruction. Besides, you must have an eth compatible wallet address to be able to withdraw tokens. Also, check the withdrawal commission.

Disclaimer

In addition, please be aware that Tokpie charges a fee for the listing. Also, Tokpie does not give any investment, legal, tax, financial advice, or warranty of token price performance or successful fundraising.

Useful links

For any questions or cooperation, you can contact Tokpie at https://t.me/tokpie.