Bitcoin is exploding but still losing out to a smaller cryptocurrency
Bitcoin is exploding but still losing out to a smaller cryptocurrency
While Bitcoin is in the limelight for crossing the psychologically-important $18,000 mark, another coin has outpaced the weekly gains made by the apex cryptocurrency.
雖然比特幣因突破1.8萬美元的重要心理關口而備受矚目，但另一枚比特幣的漲幅超過了這種頂級加密貨幣每週的漲幅。
What Happened: Yearn Finance (YFI), a decentralized finance (DeFi) coin, gained 15.93% in the 7-day period leading up to press time — beating Bitcoin’s gains of 14.48%.
發生的事情：Yearn Finance(YFI)，一種分散的金融(Defi)硬幣，在新聞發佈前的7天內上漲了15.93%，超過了比特幣14.48%的漲幅。
Yearn Finance, launched in February, is an aggregator service for investors and allows DeFi investing and yield farming. YFI gained 4.76% in a 24-hour period reaching $21,513.89, nearly rivaling the 5.77% gains made by Bitcoin.
Yearn Finance於2月份推出，是一項面向投資者的聚合服務，允許DEFI投資和收益農業。YFI在24小時內上漲了4.76%，達到21,513.89美元，幾乎可以與比特幣5.77%的漲幅相媲美。
The DeFi cryptocurrency had reached $41,382.98 on Sept. 14 before plunging as low as $9,014.91 on Nov. 6. YFI has appreciated nearly 139% since then till press time.
9月1日，Defi加密貨幣達到了41,382.98美元。14在11月6日跌至9,014.91美元之前，YFI自那以來已升值近139%。
A trader, who goes by the pseudonym “Benjamin Blunts,” said before the coin’s $40,000 rally that it would reach the near $50,000 mark. The current market cap of YFI is nearly $650.21 million.
一位化名“本傑明·布倫茨”的交易員説在硬幣4萬美元反彈之前，它將達到近5萬美元的關口。YFI目前的市值接近6.5021億美元。
Why It Matters: YFI’s surge was led by a perfect storm as strong technicals, new products, yield farming, and growth in the popularity of DeFi liquidity pools buoyed the cryptocurrency, Cointelegraph reported.
重要的原因：YFI的飆升是由一場完美風暴引領的，強勁的技術、新產品、產量農業以及Defi流動資金池人氣的增長提振了加密貨幣Cointelegraph據報道。
There are 30,000 YFI tokens in circulation and Yearn’s creator Andre Cronje did not set aside any for himself. However, more YFI can be minted, according to CoinDesk.
目前有3萬枚YFI代幣在流通，Yearn的創建者安德烈·克朗傑(Andre Cronje)沒有為自己留出任何代幣。然而，可以鑄造更多的YFI，根據致CoinDesk。
“I think the ‘no inflation’ meme is here to stay,” according to Tarun Chitra, a member of Yearn’s multisig — an equivalent to the board of directors.
Yearn的Multisig(相當於董事會)的成員塔倫·奇特拉(Tarun Chitra)表示：“我認為‘不通脹’的迷因將繼續存在。”
Tarun told CoinDesk there are other ways for the system to “monetize.”
塔倫告訴CoinDesk，該系統還有其他“貨幣化”的方式。
Price Action: YFI traded 4.76% higher at $21,513.89 at press time while Bitcoin traded 5.77% higher at $17,599.77.
價格行動：截至發稿時，YFI上漲4.76%，至21,513.89美元，比特幣上漲5.77%，至17,599.77美元。