yearn.finance

Date Registered 28 Aug 2021
Website View
Repo
Rating
0.0

Description

Yearn Finance is a suite of products in Decentralized Finance (DeFi) designed to generate yield on smart contract platforms like Ethereum. The protocol is maintained by various independent developers and is governed by holders of YFI.

Vaults

These are capital pools that automatically generate yield based on opportunities present in the market. Vaults benefit users by socializing gas costs, automating the yield generation and rebalancing process, and automatically shifting capital as opportunities arise. End-users do not need to possess a proficient knowledge of the underlying protocols involved or DeFi, thus the Vaults represent a passive-investing strategy.

Earn

The first Yearn product was a lending aggregator. Funds are shifted between dYdX, AAVE, and Compound automatically as interest rates change between these protocols. Users can deposit to these lending aggregator smart contracts via the Earn page. This product completely optimizes the interest accrual process for end-users to ensure they are obtaining the highest possible interest rates among the aforementioned platforms

Project Details

Platform
Ethereum
Category

Team Members

This project was curated by the MarketSquare team and has not been claimed by the owner.

Reviews

Sort by:
This Project has no reviews. Be the first to leave a review.
-
-
-
-
-

Our Products
View other products and services we offer within our ecosystem.
Early Access Mailing List
By submitting this form, you agree to receive email updates. Find out how we process your data here.
2021 © ARK.io | All Rights Reserved