Yeti Finance YETI Price $ 0.000654

Yeti Finance is a cutting edge decentralized borrowing protocol built on Avalanche that allows users to borrow up to 11x against base assets like WETH, staked assets like Liquid AVAX, LP tokens - and 21x on yield-bearing stablecoins, all at a 0% interest rate. Users continue earning farming and staking rewards when these assets are deposited onto Yeti Finance’s platform, opening up numerous leveraged farming strategies

Yeti Finance also offers cross-margining, something the majority of borrowing protocols don't have. In simple terms, users on Yeti Finance can open up a borrowing position on their entire portfolio instead of just a single asset.

YETI is the Yeti Finance protocol token. In the future, $YETI will transition into a governance token. Users can stake YETI to start accruing veYETI over time, which can be used for boosted yields and reduced auto-compounding fees in the near future.