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Buy Yield Yak with Coinbase Wallet

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

About Yield Yak

Yield Yak is a community-driven project and a user-friendly tool to earn more yields from DeFi farming on the Avalanche network. Avalanche is a programmable and open smart contract platform designed for decentralized applications. Further, the project has its own token YAK that is powered by the community and has built and supported the economic and diverse auto compounder in the market. Auto-compounding is a process where yield farming rewards get automatically sold and re-added to the pool to achieve higher APY (annual percentage yield). Yield farming is a way of gaining interest in cryptocurrency, just like how individuals earn interest on any capital in the savings account. 

In order to support this yield framework, the project encompasses the following steps: 

Further, Yield Yak allows all farmers to gain more yield by pooling the assets and mingling the prices compounding costs. The strategy implies much more traditional compounding, which occurs automatically. Notable Yield Yak farms compound happens every few minutes or hours. Reward tokens are transformed into deposit tokens in the name of all individuals in the pool multiple times a day, delivering users with a combined price disclosure to reward assets.

According to its whitepaper, to support this entire yield mechanism of the project, the project introduced its cryptocurrency, the YAK token. The YAK is the native utility token of the project and is used for:

These utilities of the project ensure the development of a sound operational structure, which signifies the project is self-sufficient, where the community provides rewards, presents new strategies, offers key configuration updates, and contributes to growth. 

YAK has a total supply of 10,000,000,000 tokens.

Market

Market stats

Market cap

$5.3M

Volume (24h)

$6,584.60

Circulating supply

10.0K YAK

All time high

$15,482.62

Market performance

Price change (1h)

-0.13%

Price change (1d)

0%

Price change (1w)

-8.79%

Price change (2w)

+4.84%

Price change (1m)

-0.77%

Price change (1y)

+42.18%

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Yield Yak is on the decline this week.

The price of Yield Yak has decreased by 0.13% in the last hour and increased by 0.00% in the past 24 hours. Yield Yak’s price has also fallen by 8.79% in the past week. The current price is $528.69 per YAK with a 24-hour trading volume of $6.58K. Currently, Yield Yak is valued at 96.59% below its all time high of $15,482.62. This all-time high was the highest price paid for Yield Yak since its launch.

The current circulating supply of Yield Yak is 10,000 YAK which means that Yield Yak has as total market cap of 10,000.

FAQ

What is the current price of Yield Yak?

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

What is the market cap of Yield Yak?

The current market cap of Yield Yak is $5.29M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Yield Yak?

The all-time high of Yield Yak is $15,482.62. This all-time high is highest price paid for Yield Yak since it was launched.

What is the 24 hour trading volume of Yield Yak?

Over the last 24 hours, the trading volume of Yield Yak is $6.58K.

What other assets are similar to Yield Yak?

Assets that have a similar market cap to Yield Yak include Bestay, TRESTLE, Shibaken Finance, and many others. To see a full list, see our comparable market cap assets.

How many Yield Yak are there?

The current circulating supply of Yield Yak is 10 thousand.

Can I buy Yield Yak on Coinbase?

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