1/ The most-requested feature in Yearn’s history has arrived: one-click yield farming.
Thanks to an integration with the wizards 🧙♂️ at @zapper_fi anyone can enter even the most complicated Yearn vault in seconds.
@zapper_fi 2/ Ex: Humble Henry wants to enter the 3Crv vault, but does not know how to enter pools on @CurveFinance. Now, he doesn’t have to.
Instead, he can instantly zap several tokens into the 3Crv vault straight from our UI. Our friends from @zapper_fi do all the magic. ✨
@zapper_fi@CurveFinance 3/ Alternatively, Henry sees the USDC vault earning 15%, but he only has ETH. He can now instantly zap into this vault with his ETH and earn yield. 😲
@zapper_fi@CurveFinance 4/ Starting today, you can zap into most of our vaults with any of the approximately 1,800 tokens Zapper supports! This includes stablecoins, $ETH, $WBTC, $LINK, $YFI, and others. The zap function supports some of our most complicated vaults as well.
@zapper_fi@CurveFinance 5/ It’s the single biggest usability upgrade we’ve made to date, and aligns with our vision to make DeFi simple! 👍
@zapper_fi@CurveFinance 7/ To protect the apes from themselves 🦍. Zaps initiated from our UI that incur over 1% slippage will fail. You can still zap into our vaults with less liquid tokens; if 1% slippage isn’t enough, head to @zapper_fi and manually adjust the slippage higher.
If we hold 1 value above all others, it’s decentralization. It’s building a new global financial system that benefits all.
We know we can’t build it alone.
So today, we’re excited to announce Yearn Partners 🧵👇
2/ TLDR: Yearn Partners aims to make Yearn vaults accessible from virtually anywhere. Any protocol that integrates Yearn vaults can earn up to a 50% profit share from their contributed TVL.
Think of it like a white-label solution for yVaults.
3/ Example of how it will work:
Step 1: You deploy “Wrapper Token” contracts that wrap the regular yVault token for each vault.
Step 2: Your users receive this Wrapper Token rather than our standard yVault token when they deposit. 🎁