About Ethereum Yield
Market Stats
Market Cap
Not enough data
FDV
Not enough data
Circ. Supply
Not enough data
Max Supply
Not enough data
Total Supply
Not enough data
Performance
Popularity
Not enough data
Dominance
Not enough data
Volume (24H)
Not enough data
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
Not enough data
Price Change (1Y)
Additional details
Market details
ETHY vs markets
Not enough data
ETHY vs BTC
Not enough data
ETHY vs ETH
Not enough data
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xd1AFBCCC9A2c2187ea544363B986EA0AB6EF08B5 |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.00 | NaN% |
1 Day | $NaN | 0.00% |
1 Week | $NaN | 0.00% |
Coinbase insights
Recent trends
FAQ
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.
We update our Ethereum Yield to USD currency in real-time. Get the live price of Ethereum Yield on Coinbase.
Earn up to $2,000 when you buy $50 in crypto
Earn free crypto after making your first purchase.
Terms apply. Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
Related assets
Discover popular crypto to currency conversions
Discover currency conversions
Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.