As of today, the last reported ETHY price is $2.2983. Ethereum Yield's last market cap was $319,599. 24 hour ETHY volume is unknown. It has a market cap rank of unknown with a circulating supply of 139,056 and max supply of 500,000. Ethereum Yield is traded on exchanges. Ethereum Yield had an all-time high of $13.11 over 1 year ago. Over the last day, Ethereum Yield has had 0% transparent volume and has been trading on 2 active markets with its highest volume trading pairs being .
Users are incentivised to stake Uniswap liquidity provider tokens. Fees from these tokens are farmed. A percentage of these fees goes toward the autonomous strategies like liquidating LP tokens, and performing an (`ETH-ETHY`) buy back (increasing the price). Any purchased ETHY tokens will be distributed to stakers/farmers
ETHY implements a strong deflationary force on each token. Every time an ETHY token is transferred, a small fee is taken, which is returned to the farmers. This mechanism incentivises holding and farming.
ETHY holders will be able to vote on proposals– so long as they have staked liquidity in the pools. The community will decide everything from developer fees and site design to the exact farming options available.