RadioShack announced their move into cryptocurrency on December 19th via Twitter. The rebranding of this company follows after two previous bankruptcy filings in 2015 and 2017. The company’s mission is “to be the first protocol to bridge the gap in mainstream usage of DeFi (decentralized finance) ” according to their Twitter. The plan is to capitalize on the well known RadioShack brand in order to bring awareness to their new token. RADIO Token One of the main issues in the world of cryptocurrency is that a gap exists between many traditional business models and blockchain technology. Many CEOs of big corporations have yet to put the time in to understand…
While many DeFi tokens have been spiking over what is being called DeFi summer, none has matched YFI. It is the governance token of the yearn.finance ecosystem, which began as an automation tool for finding and moving funds to the DeFi lending platform offering the best interest rate, or yield aggregation. automated marketing making.