Yearn vaults

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.

Andre Cronje : Founder of Yearn.

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.

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).