$YFI ¿What is the YFI token for?

The YFI is not just a value token: it is the governance token of the protocol.

This means that those who hold YFI can vote on key decisions about how the project is managed and developed.

Additionally, with an update known as veYFI (vote-escrowed YFI), holders can lock their tokens for a time to receive additional benefits, such as greater voting power and higher rewards.

🔹 3. Supply and tokenomics (how YFI is distributed)

📌 Total and circulating supply

Maximum supply (max supply): 36,666 YFI tokens.

Gate.com

Circulating supply (in circulation): ~35,000+ YFI (≈ 95–96% of the total).

This amount is very low compared to most cryptocurrencies, creating a scarcity effect if demand rises.