Yearn Finance’s YFI token surged to its highest level in nearly six months Friday after builders mentioned they may introduce a liquid staking derivatives token. YFI surpassed $10,000 in Asian morning hours to costs not seen since September 2022, as a part of a 39% improve this week, with buying and selling quantity growing fivefold. Builders mentioned the forthcoming token would give customers publicity to a basket of liquid staking derivatives, which analysts say might help lively buyers diversify threat.
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