yAxis YAXIS

Rank #2353

$ 0.65570000

yAxis Price (YAXIS)

yAxis to USD Price Chart

What Is the Current Price of yAxis (YAXIS) Today?

The current price of yAxis (YAXIS) is $ 0.65570000.

What Is yAxis (YAXIS) and How Does It Work?

yAxis (YAXIS) is a cryptocurrency that aligns incentives for network participants by introducing a unique ecosystem of yield farming strategies. yAxis allows token holders to benefit from the best aggregators in the DeFi space, fully managed by the protocol. YAXIS tokens are used for governance, allowing holders to vote on various proposals.

What Makes yAxis Different from Other Cryptocurrencies?

Unlike most cryptocurrencies where holders interact directly with the market, yAxis holders delegate their operations to the protocol. This means that YAXIS owners can sit back and let their investment grow over time, following the most profitable strategies automatically chosen by the protocol's underlying code.

What Is yAxis Mining and How Does It Affect the Network?

Unlike Bitcoin and a few other cryptocurrencies, yAxis doesn't rely on a Proof-of-Work (PoW) mineable framework. Instead, it operates on a DeFi protocol which automatically farms the best yields from various DeFi aggregators.

Who Created yAxis and What Was Their Motivation?

yAxis was created by a group of anonymous developers in the DeFi community. Their aim was to simplify the yield farming process in decentralized finance, allowing users to earn rewards without needing expert knowledge of the rapidly growing DeFi sector.

How Many yAxis (YAXIS) Tokens Are Currently in Circulation?

The circulating supply of yAxis is 0.8M tokens.

How Has yAxis's Price Changed Recently?

The yAxis price has increased by +0.00% in the past 24 hours.

Where Is the Best Place to Buy yAxis (YAXIS) Safely?

yAxis (YAXIS) can be purchased on any of the following where it's listed.

How Can I Securely Store My yAxis?

yAxis can be stored in any wallet that supports ERC-20 tokens, given that yAxis is an Ethereum token.

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