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What is YFI Token?

Crypto Terms Glossary: What is YFI Token?

YFI is the governance token of the Yearn.Finance protocol. YFI holders can submit, discuss, and vote on proposals to change the protocol via the Yearn Improvement Proposal (YIP) process. The total supply of YFI is 30,000, though more tokens can be minted if approved through the governance process.

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