Yearn.Finance is an open-source, decentralized finance ( DeFi) lending protocol based on the Ethereum blockchain. It works as a yield aggregating platform to maximize the user's investment by automatically moving the user funds between DeFi lending protocols, such as Compound, Dydx, Curve, or Aave.
DeFi made simple.
What is Yearn.Finance? Yearn.Finance has been one of the pioneers of decentralized finance (DeFi), an umbrella term for automated, blockchain-based financial services that let investors lend,...
Yearn is the original robo-adviser for yield in DeFi. It has a bunch of "vaults" where users can dump funds and expect them to earn more of whatever asset they deposited. Each vault has a strategy (or several strategies) it follows to grow depositors' funds. As of this writing, there are 11 vaults that are earning returns in the double-digits.
yEarn recently released a native governance token, YFI, which is earned through liquidity money on a number of different pools. YFI is earned by staking proof of liquidity and is one of the only DeFi tokens which was launched with no premine and no initial DEX offering. More on the launch of YFI can be found here. Background
Yearn Finance is a suite of products in Decentralized Finance (DeFi) that provides lending aggregation, yield generation, and insurance on the Ethereum blockchain. ... Yearn SDK. Learn about the Yearn stack and how to use the SDK as an aggregator of many data sources. Smart Contracts.
This spawned the decentralized finance (DeFi) era: apps that operated on their own without the need for a central intermediary such as a bank or insurance company. Many protocols now became available for anyone to invest in in return for a reward. Two main yield strategies emerged Crypto yield strategies 1. DeFi lending and borrowing
Yearn.finance was created in Feb. 2020 by an independent developer named Andre Cronje. He is a South African businessman and software developer. The whole concept was born when Cronje, at this time, was examining and comparing DeFi protocols that provide the best APY to maximize his crypto earnings.
Yearn Finance is a gateway for a set of Decentralized Finance solutions, powered by the Ethereum blockchain, that allows one to maximize your investments through lending aggregation, yield-generation, and insurance. The revolutionary YFI can be seen as the first step towards a secured and better investment in the DeFi.
CHAINLINK CRYPTO - Decentralized finance (DeFi) fallout served as a catalyst to LINK's decline by over 83%, eliminating all current growth moves for the cryptocurrency. Chainlink's native token, LINK plummeted by over 87% from an all-time high of $52.88 to $6.54.
DeFi made simple. DeFi made simple. yearn.finance. Category Topics; Start Here. Welcome to Yearn Finance's governance forums! 0. Proposals. Submit your ideas here for improving Yearn in any way. Whether it's a new vault, updating fee structures, or tinkering with governance, all proposals are welcomed here. 8. General Chat.
Yearn Finance (YFI) is a decentralized finance protocol which began in early 2020 under the name iEarn Finance which was maintained by Andre Cronje. Originally iEarn Finance was a series of yield bearing tokens which rebalanced to the lending markets with the highest yield (usually AAVE or Compound).
using DeFi since 2020 Yearn finance, yEarn is probably closest to BTC in value and not correlated. It is aggregation of yield farming. Yields are pretty new things, 2020 i think. Through yEarn you can maximize revenue earned through digital assets by farming. This incentives people to hold their currency.
If one thing holds true, yEarn governance continues to be one of the most active in the DeFi ecosystem to date, leading many to theorize that soonTM 1 YFI will equal 1 BTC in price. To stay up with yEarn, follow the project on Twitter here or join the governance forum. To stay up with Andre Cronje, follow him on Twitter here. Tarang Khaitan
Yearn Finance, popularly known as yEarn represents a line of DeFi products concentrated on building an easy way to produce unusual risk-adjusted returns. It provides possibilities for depositors of several assets through best-in-class lending protocols, liquidity pools, and community-made yield farming procedures on the Ethereum Blockchain.
What is Yearn.Finance (YFI) Yearn.Finance is one of the decentralized projects running on the Ethereum blockchain. It is a platform that facilitates lending aggregation, insurance, and yield generation for users. Yearn.Finance is completely decentralized and users can transact without control or limitations from intermediaries.
Notably, Yearn.Finance is one of the leading DeFi platforms and has now become well-known for enabling depositors to recover all their yield or returns from tokens they've deposited. Yearn had...
Yearn.finance is the most popular lending pool in the protocol providing the best return on liquidity to lenders. yEarn has also created something called a Curve's Y pool that consists of top stablecoins like TUSD, USDC, etc. Recently yEarn released a native governance token, YFI which can be earned through liquidity money on different pools.
yEarn Finance has quickly become one of the most popular DeFi protocols in 2020. It brings together many of the disparate tools, platforms, strategies, and tokens from throughout the ecosystem. In this way, yEarn resembles an amalgamation of the entire niche, which provides efficiency as well as pure innovation. It is an aggregator of aggregators.
Yearn tweeted Friday that it has decided to end its merger process with Cover Protocol, a peer-to-peer, decentralized insurance marketplace and that both protocols will continue to operate...
TVL is the metric that the market is most focused on, so Yearn's 50% TVL plunge is a concern. But the reasons for the TVL drop are understood, and the DeFi ecosystem that Yearn is building is ...
Yearn's TVL is currently 5.44 billions USD on Ethereum and 354 million USD on Fantom, but during the last year it almost reached 7 billion. According to Defi Llama statistics, Yearn is the 13th...
Yearn Jobs in Defi Discover the latest DeFi jobs that are looking for DeFi technologies and skills like Yearn at startups and mature DeFi companies. Remote Solidity Web3 Developer Blockchain Design Marketing Other
Yearn Finance develops products that automate and aim to simplify the complexity of decentralized finance (DeFi) with "money robots" that work to maximize returns for a fee. Yearn started with just one Ethereum developer — Andre Cronje — who sought to automate and optimize his own DeFi returns. It has now evolved into one of the most ...
Redirecting to https://www.defipulse.com/yearn.finance (308)
In early December, Yearn Finance merged with SushiSwap among a number of DeFi clones, so Cronje's crooning about competitors is a little like the proverbial pot calling the kettle black. This message did not go unnoticed by Uniswap insiders such as growth lead Ashleigh Schap who stated;
The pair will now cease working on several major DeFi protocols, including Yearn Finance, Multichain, and Solidly, among others. Yearn (YFI) developer Banteg also took to social media to address concerns about the future of the project. "People burying YFI, you do realize Andre hasn't worked on it for over a year?
Yearn Finance is a decentralized finance (DeFi) network that offers a suite of different products for insurance, lending aggregation, and yield generation. If you've kept an eye on Yearn Finance in the past few weeks, you'll know that they are in the midst of a merger mania with other DeFi protocols. Yearn Finance's most notable offering is Yearn Vaults, a yield generation product. Yearn ...