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.

我們實時將 Yield Yak 更新為 USD 貨幣。在 Coinbase 上獲取 Yield Yak 的實時價格。

Yield Yak 目前的市值為 US$53.32万。高市值意味著資產受到市場的高度重視。

Yield Yak 的歷史最高紀錄是 US$15,482.62。這是自從 Yield Yak 推出以來的最高價格。

在過去 24 小時中，Yield Yak 的交易量為 US$3403.17。

與 Yield Yak 市值相似的資產包括 Keep Network, STIX, All Will Retire 和許多其他資產。若要查看完整清單，請參閱我們的可比市值資產。

Yield Yak 目前的循環供應量為 1万。