Formally known as DFI.money, YFII is the result of a fork from the YFI (yEarn) project. The model of YFII offers a different approach to token distribution, as payouts are halved every week. This design approach was to ensure those late to the participation of mining were still able to earn rewards. YFII tokens are part of the network’s governance, with holders able to decide on the future direction of the network. Early indications have shown favourable adoption amongst the YFII community, with over $150 million USD locked in pool 1 of YFII.
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