0/ YFI vs copycats
A thread on why Yearn finance is pumping, the fundamentals of being first and the importance of an ecosystem.
A thread on why Yearn finance is pumping, the fundamentals of being first and the importance of an ecosystem.
1/ We first have to look at the typical profile of a YFI holder, to summarize it I've included this very simple visual representation. As you can see the YFI holders are safe in a Citadel built from scratch by a strong community, they're sitting on a literal gold mine.
2/ Now let's look at projects trying to replicate what Yearn has achieved:
3/ Blue coin, starting with Y, logo looks familiar, people are saying this is the new YFI! Fair distribution, soon listed on Uniswap and promises of exchanges. For sure another x10 from here! Unless...
4/ "Soft YFI, warm YFI, little ball of fur! Happy YFI, scammy YFI, rug rug ruuug" So soft and so effective at getting your money. From a CT investor testimonial "The SYFI team had proper English and a website with buttons that worked so that was enough for me." Well, Bazinga!
5/ Do you even UX bro? New website update is out. KING Token getting listed on Uniswap soon...
Testimonial from a user "$YFIS just added on coingecko. Could it be the next $yfi $yfii $yffi ????"
Balls deep!
Testimonial from a user "$YFIS just added on coingecko. Could it be the next $yfi $yfii $yffi ????"
Balls deep!
6/ Logo update was on their roadmap (not kidding) so I searched how their team of designers made this...
From the comments on the pre-sale Tweet "Wait, let us digest YFIE, YFIS and YFIB First, before YFIKING"
I guess $SUSHI isn't the only food poisoning this month...
From the comments on the pre-sale Tweet "Wait, let us digest YFIE, YFIS and YFIB First, before YFIKING"
I guess $SUSHI isn't the only food poisoning this month...
7/ High five! Haha, get it?
Seriously, I kinda liked the blue better...
I wonder who they hired on Fiverr!
A R T
Seriously, I kinda liked the blue better...
I wonder who they hired on Fiverr!
A R T

8/ This one was created hours ago, I guess they spent all their budget on the copywriting
The list is getting bigger and bigger every day!

9/ It's getting to the point were a new Y scam just launched with the name of another Y scam 
There was already YFI KING Finance (by YFIEXCHANGE) and now there's Yield Farming King (YFKI)...
Eventually, they'll run out of names right?

There was already YFI KING Finance (by YFIEXCHANGE) and now there's Yield Farming King (YFKI)...
Eventually, they'll run out of names right?
10/ Scams are getting quicker, this particular one YFVL lived for just 24 hours...
Shilled, then semi rug pulled for 100 ETH.
How should we call that? Soft-rekt?
In that case time is money (literally)
Shilled, then semi rug pulled for 100 ETH.
How should we call that? Soft-rekt?
In that case time is money (literally)

11/ Bad juju? Don't worry, we conjured the RUG. If you're not convinced yet read our Medium article:
https://medium.com/@yfibfinance/introducing-yfibusiness-finance-yfib-7e62f6b6df84
This hidden gem has 664 holders on Etherscan and can also solve love, business or family problems
https://medium.com/@yfibfinance/introducing-yfibusiness-finance-yfib-7e62f6b6df84
This hidden gem has 664 holders on Etherscan and can also solve love, business or family problems
