On Monday, September 14, switch YFI into your Coinbase Professional account forward of buying and selling. Help for YFI shall be out there in all Coinbase’s supported jurisdictions, except for New York State. Per earlier launches, transfers will open throughout enterprise hours, Pacific time.
One of the widespread requests we obtain from clients is to have the ability to commerce extra property on our platform. Per the phrases of our listing process, we anticipate supporting extra property that meet our requirements over time. Most not too long ago we have now added buying and selling assist for UMA (UMA) Celo (CGLD), Numeraire (NMR), Band (BAND), Compound (COMP), Maker (MKR) and OmiseGo (OMG), together with supporting extra European and UK order books. Coinbase continues to discover assist for new digital assets.
On Monday, September 14, we’ll start accepting inbound transfers of YFI to Coinbase Professional. Buying and selling will start on or after 9AM Pacific Time (PT) Tuesday September 15, if liquidity situations are met.
As soon as ample provide of YFI is established on the platform, buying and selling on our YFI-USD order book will launch in four phases, transfer-only, post-only, limit-only and full buying and selling. If at any level one of many new order books doesn’t meet our evaluation for a wholesome and orderly market, we might hold the e book in a single state for an extended time period or droop buying and selling as per our Trading Rules.
We’ll publish tweets from our Coinbase Pro Twitter account as every order e book strikes by means of the phases.
yearn.finance (YFI) is a decentralized finance (DeFi) platform which goals to carry out a bunch of capabilities equivalent to aggregated liquidity and automatic advertising making by shifting suppliers’ funds between platforms equivalent to dYdX, Aave, and Compound. YFI is the native token within the yearn.finance platform. Customers can earn it by contributing liquidity to yearn.finance’s liquidity pool and use the token for platform governance.
Please observe that YFI isn’t but out there on Coinbase.com or by way of our Client cell apps. We’ll make a separate announcement if and when this assist is added.
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