Yearn Finance Surges 45%

Yearn Finance price of leading cryptocurrency is up nearly 45% in 24 hours, and it appears to be thanks to the team’s new dog token offering a bi-directional peg to YFI. YFI attained a new high of over $78,000 around 14:30 coordinated universal time (10:30 a.m. ET) and was near $74,500 at press time. A developer formed a dog token known as Woofy. The token is swappable for YFI tokens on a million-to-1 basis. WOOFY’s exclusive obligation is to offer…