About Yield Yak
Yield Yak is an easy-to-use tool to earn more yield from DeFi farming on the Avalanche network. It is a community-driven project. Our community compounds rewards, suggests new strategies, proposes key configuration updates and contributes to development. Yield Yak farms can run forever, without the team's involvement. Staked $YAK will receive $AVAX. YY network revenue (collected in tokens, usually) will be converted to AVAX and distributed to stakers.
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Market Stats
Market Cap
$3,419,265.63
-1.56%
FDV
$3,419,265.63
Circulating Supply
10,000 YAK
Max Supply
10,000 YAK
Total Supply
10,000 YAK
Diluted Valuation
$3,403,288.00
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$8,693.76
0.34%
Volume (7D)
$60,971.85
Volume (30D)
$258,893.25
All time high
$15,482.62
Overall Price Change (1Y)
-0.37%
Additional info about Yield Yak
Recent trends
The price of Yield Yak has decreased by 0.37% in the last hour and decreased by 0.98% in the past 24 hours. Yield Yak’s price has also risen by 12.45% in the past week. The current price is $340.68 per YAK with a 24-hour trading volume of $8.69K. Currently, Yield Yak is valued at 97.80% 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 $3,419,265.63.
Market details
YAK vs markets
↘ 51.27%
YAK vs BTC
↘ 57.75%
YAK vs ETH
↗ 12.29%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
Avalanche C-Chain | 0x59414b3089ce2AF0010e7523Dea7E2b35d776ec7 | |
Arbitrum | 0x7f4dB37D7bEb31F445307782Bc3Da0F18dF13696 |
Price history
Time | Price | Change |
|---|---|---|
Today | $340.68 | ↘ 0.98% |
1 Day | $345.50 | ↘ 0.98% |
1 Week | $304.22 | ↗ 12.45% |
1 Month | $310.98 | ↗ 10.01% |
1 Year | $545.39 | ↘ 37.27% |
FAQ
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.
We update our Yield Yak to USD currency in real-time. Get the live price of Yield Yak on Coinbase.
The current market cap of Yield Yak is $3.42M. A high market cap implies that the asset is highly valued by the market.
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.
Over the last 24 hours, the trading volume of Yield Yak is $8.69K.
Assets that have a similar market cap to Yield Yak include Redemption Of Pets, FITCHIN Universe, XRP ETF, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Yield Yak is 10 thousand.
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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.
Yield Yak calculator
1 Yield Yak (YAK) to Japanese Yen (JPY)
¥48,685.52
1 Yield Yak (YAK) to Indian Rupee (INR)
₹29,035.81
1 Yield Yak (YAK) to Real (BRL)
R$1,927.72
1 Yield Yak (YAK) to Nigerian Naira (NGN)
NGN 547,458.24
1 Yield Yak (YAK) to South Korean Won (KRW)
₩490,008.58
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Legal
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.