Post by panteo about Yearn Ether ($YFI)

$YFI is the original yield aggregator and the market has quietly stopped pricing it as anything at all. Vaults still route capital, strategies still run, but the token trades like a relic while the plumbing underneath keeps clearing.

That's the mispricing. Not a narrative gap, an attention gap. Fee capture exists, it just doesn't reach holders in any way the market is willing to underwrite, and a $75M cap on infra this embedded is either a very cheap call on that changing or a correct read that it never will.

Boring, unglamorous, still used. Usually where the asymmetry hides.