How about yfi digital currency

1.

It can not be said to be a fraud, but there are certain risks, because digital gold currency is a form of physical currency, and its deposits are measured in gold rather than legal currency. Therefore, the purchasing power fluctuation of digital gold currency is related to the gold price. If the price of gold goes up, it becomes more valuable. If the price of gold goes down, it loses value

since there is no specific financial regulation to regulate digital gold money suppliers, they operate in a self-regulation way. Digital gold money suppliers are not banks, so banking regulations are not applicable

extended data

to explore the connotation of digital currency, we must clarify some concepts of model lake. For example, is it legal digital currency dominated by the central bank or illegal private fixed digital currency; Encryption of digital currency or electronic currency; Is it "selling dog meat with sheep's head"; "Bad money"

new technology does make the conceptual boundary of money more blurred. Theoretically speaking, the new monetary economics points out the possibility of the disappearance of money, that is, legal paper money is no longer the only medium of transaction, and is eventually replaced by financial assets issued by the private sector that generate monetary income

in reality, although the status of fiat money is still unshakable, there have been various local scenes of private money in history, such as the universal warra system in Germany in the 1920s. Now the digital currency with the characteristics of decentralization makes the challenge of private currency increasingly prominent< br />

2. It has recovered. The market is sluggish at the beginning of this year, but now the top 10 mainstream digital currencies have risen sharply. But these two days there are small shocks, you can take the opportunity to bottom. Platform currencies such as HT are more value preserving, and if they can resist a decline, they will soar, so now let's start while the price is still low.

3. At present, bitcoin is the only reliable digital currency. If the digital currency investment is cheated, first go to the local public security bureau to report to the police for the record. Then you can go to a law firm to see if you can recover part of the losses through legal weapons, because most digital currencies are illegal.

4.

Yfi is the token of year.finance. Year.finance is an aggregator for mobile mining (hereinafter referred to as "yfi" for ease of reading). There are compound, AAVE, lend, curve and other ore pools in the market. Due to information asymmetry and other factors, there is a huge difference in the rate of return between these ore pools. Users can automatically access high-yield ore pools through yfi platform to maximize mining income

on July 17, 2020, yfi announced on twitter that its official website was officially launched to start liquidity mining. Yfi launched four ore pools in the first batch, and users can participate in mining by providing affordability in balaner, with the highest annual income of more than 700%. Due to the super high yield, yfi has attracted a large number of users to participate. In just a few days, the amount of locked positions exceeded 100 million US dollars

extended information:

yfi issued 30000 pieces in total, the team had no reservation, no private placement, no public offering, and all of them were proced by mining. In other words, yfi issued only a limited amount, and all yfi participants were in the same line. It is a completely decentralized cryptocurrency, which is very similar to bitcoin. Therefore, as soon as yfi went online, it encountered crazy speculation

on July 17, 2020, yfi liquidity mining price is only 3 US dollars; The next day, yfi soared to $400

on August 20, 2020, the price of yfi exceeded US $13000 for the first time, surpassing bitcoin and becoming the new "king of money"

5. Which is better? It depends on your specific needs. Just now from the tenth power computing power leasing platform, we can see that if there is no shortage of funds, we can buy computing power. However, if there are not so many funds in the early stage, it is more cost-effective to rent computing power. I think the same is true. If the budget is enough, we can directly purchase the computing power.

6. Many of them are more suitable for financial media, such as Oriental Fortune, great wisdom, first finance, etc.
Click me

7.
a member's name is your user name. It has Chinese and English. It depends on what you filled in when you registered
for example, all you need to enter is your ID: deep moon
there is no unified digital ID, but you can register. Just fill in a string of numbers in the user name column when you register, or you can pass it. At this time, your user name is a string of numbers.

8. The atmosphere of speculation in digital currency is very strong. Some make money, but more lose money. Even if you want to do it, don't spend too much money. Just play for a small amount. Well done, the rate of return is very high. But you have to be prepared to lose the full amount.