What is the risk with yearn finance?

Vault Risks RiskDescriptionMarketLiquidation of leveraged strategies due to sudden price fallsLower token prices lead to lower yields in naked liquidity mining strategiesHigh gas fees to deposit or withdraw adversely impact yieldHigh gas fees cause yield on strategies to be less than expectedVault Risks – Yearn.finance Docs docs.yearn.finance › resources › risks › vault-risks

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What’s the deal with yearn finance?

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.

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Is 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).

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