Yearn Finance is a suite of #DeFi products that provides lending aggregation, yield generation, and insurance on the #Ethereum blockchain.
It launched in 2020 and has more than $3 bn in assets locked.
It launched in 2020 and has more than $3 bn in assets locked.
yVaults are capital pools that obtain a yield from opportunities in the market. Vault strategist & guardian get fees.
By pooling their funds, users share gas costs, benefit from automated processes and rebalancing strategies, and don't need to be proficient in DeFi intricacies.
By pooling their funds, users share gas costs, benefit from automated processes and rebalancing strategies, and don't need to be proficient in DeFi intricacies.
Earn is a lending aggregator that moves funds between several platforms as the interest rates change. The user ensures getting the highest rates always.
Other projects in R&D involve stablecoins, loans, liquidation opportunism, and swaps.
Other projects in R&D involve stablecoins, loans, liquidation opportunism, and swaps.
$YFI is the #ERC20 platform governance token, and its holders can get a portion of the protocol profits if they stake in the governance pool, but only a small percentage do.
The project is fully open-source and governed by a proposal system with different levels of delegation.
The project is fully open-source and governed by a proposal system with different levels of delegation.
$YFI supply is fixed and fully in circulation.
All $YFI was distributed to users and liquidity providers at launch, with no team or investor allocation. However, in 2021, the community approved the creation of new coins (+22%) to reward key contributors and fund proposals.
All $YFI was distributed to users and liquidity providers at launch, with no team or investor allocation. However, in 2021, the community approved the creation of new coins (+22%) to reward key contributors and fund proposals.
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Of course, this is not financial advice yada yada yada.
If you are optimized for losses, change something in yourself. You are the problem, not anyone feeding you content on the internet.
If you are optimized for losses, change something in yourself. You are the problem, not anyone feeding you content on the internet.
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