YFI price gains 46% in just 4 days

Yearn Finance (YFI) emerged as one of the best performers in the crypto market this week, rallying by over 46% in just four days to reach a two-week high above $29,100.

The gains surfaced primarily as Yearn Finance revealed that it has been buying back YFI en masse since November to improve the YFI token’s economics. The decentralized asset management platform purchased 282.40 YFI at an average price of $26,651 per token — a total of over $7.50 million.