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Buy Ethereum Yield with Coinbase Wallet

Ethereum Yield can be traded using Coinbase Wallet, your key to the world of crypto.

About Ethereum Yield

Ethereum Yield (ETHY) is a protocol exclusively created on the Ethereum blockchain. The protocol intends to support the yield farming of cryptocurrency for higher gains. Ethereum Yield employs ETHY as the project's primary token. The crypto-token utilizes smart contracts and strategies to reward users with increased APY or annual percentage yield. APY refers to a yearly rate of return with interest accruing on the growing balance. Ethereum Yield encourages users to hold and store ETHY tokens while earning additional interest on the pooled funds. 

According to the document, ETHY is a deflationary cryptocurrency. Excessive minting of crypto coins can cause a drop in the value of ETHY. Deflationary implies a cut-back in the supply of ETHY coins over time. The protocol enables users to continue staking and farming ETHY tokens for better earnings. Users can put their tokens in various liquidity pools to win more returns. Ethereum Yield features EVaults that mainly function as staking and farming pools. The EVault is specifically designed to execute strategies for maximizing revenues on the deposited liquidity providing tokens or ETHY. The vault runs price protection strategies ensuring the optimum value of the crypto asset. 

ETHY is a community-driven cryptocurrency, also playing the role of a governance token. All holders and users staking ETHY in liquidity pools can vote and decide on matters like developer charges, website design, farming options, and more. The protocol introduces an additional transaction fee when trading ETHY tokens. These charges are used to keep the bots and whales at bay, which might affect the asset's price. Whales refer to users or entities holding large counts of ETHY. By controlling the majority of funds, whales can potentially create a negative impact in a decentralized finance (DeFi) space. A portion of the charges are distributed as rewards among farmers holding the tokens. 

Ethereum Yield features a Binance Smart Chain (BSC) bridge with a vision to support the seamless transfer of ETHY across blockchains. 

The total supply of Ethereum Yield tokens is five hundred thousand ETHY.

Market

Australia Market Stats

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Australia Market performance

Price change (1h)

+100%

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+100%

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+100%

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+100%

Australia News about Ethereum Yield

The Block • May 15, 24

Daily spot bitcoin ETF inflows top $100 million as ARKB overpowers GBTC

Spot bitcoin ETFs in the U.S. saw a daily net inflow of over $100 million yesterday as ARKB inflows overpowered the usual GBTC outflows.

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The Block • May 15, 24

Ether options traders brace for end-of-month volatility around ETF decision deadline

Ether option traders are preparing for heightened price volatility surrounding the SEC's end-of-May deadlines for spot ether ETF decisions.

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CoinDesk • May 15, 24

Sonne Finance Token Drops 60% After $20M Exploit on Optimism

Attackers stole ether, velo and stablecoins before developers mitigated the hack and paused operations. Sonne’s markets on the Base blockchain were not affected.

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BeInCrypto • May 15, 24

Circle Shifts to US, Aligns with Regulations Ahead of IPO

Circle re-domiciles to the US from Ireland, preparing for a pivotal IPO amid regulatory shifts and strategic partnerships.The post Circle Shifts to US, Aligns with Regulations Ahead of IPO appeared first on BeInCrypto.

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BeInCrypto • May 15, 24

Litecoin (LTC) Battles $80: A Critical Test for Its Market Stability

Gain essential insights into Litecoin's market trends through our analysis of spent outputs by age bands. Understand how the crucial $75 support level and Bitcoin's impact influence LTC price forecasts.The post Litecoin (LTC) Battles $80: A Critical Test for Its Market Stability appeared first on...

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The Block • May 15, 24

Lens Protocol unveils plan for ZK Stack-powered validium chain

Lens Network will be a validium chain, utilizing zkSync’s Layer 2 development stack known as ZK Stack.

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Ethereum Yield is on the rise this week.

The price of Ethereum Yield has increased by 100.00% in the last hour and increased by 100.00% in the past 24 hours. Ethereum Yield’s price has also risen by 100.00% in the past week.

FAQ

What is the current price of Ethereum Yield?

We update our Ethereum Yield to AUD currency in real-time. Get the live price of Ethereum Yield on Coinbase.

What other assets are similar to Ethereum Yield?

Assets that have a similar market cap to Ethereum Yield include Ethereum, Tether, BNB, and many others. To see a full list, see our comparable market cap assets.

Can I buy Ethereum Yield on Coinbase?

Yes, Ethereum Yield is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Ethereum Yield guide.