Yearn Finance (YFI) is a suite of products in Decentralized Finance (DeFi) that provides lending aggregation, yield generation and insurance on the Ethereum blockchain . The protocol is maintained by various independent developers and is governed by YFI holders, according to documents on the project’s website.
Read moreWho is behind yearn finance?
Andre Cronje : Founder of Yearn.
Read moreHow much can you earn on yearn finance?
finance – YFI Savings Account. Your YFI could be earning up to 4.5% APR + compounding interest . Earn YFI and use our YouHodler calculator to see how much interest you can generate. Payouts occur every week directly to your cryptocurrency wallet.
Read moreIs yearn finance secure?
Yearn. finance can be considered a platform with impeccable security standards , and the governance lies with only YFI holders, making it a self-governed platform. This implies that the finance community that uses the protocol will monitor it (where one token has one vote).
Read moreWhy should I buy yearn finance?
Yearn. finance gives users the ability to optimize earnings on idle crypto assets through its Vaults and Earn platform , and it lets them swap crypto assets by using its Zap service.
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