What is Yearn Finance?
Yearn Finance (YFI) Yearn Finance is a DeFi (Decentralized Finance) created on Ethereum Blockchain. The only programmer who created Yearn is Andre Cronje, a south african software expert
Essential details:
- Yearn Finance is a platform that provides yield farming, lending, and cover services requiring users to deposit their cryptocurrencies to get the returns
- Yearn Finance is a protocol designed to be adapted to the Ethereum Blockchain
Yearn Finance’s Services has numerous Decentralized Financial services, which are
- yEarn.finance one of the most well-known services of Yearn Finance. It is a protocol that aggregate information from many lending platforms, including DyDx, Aave, or Compound, and use automation to allow users to maximize profits from yield farming
- yTrade.finance a trading platform that can provide leverage up to 1,000 times
- yLiquidate.finance a system developed for Aave platform that can automatically provide liquidity for the platform
- yLeverage.finance a platform for trading DAI and USDC
- ySwap.exchange a platform for trading cryptocurrency that uses Automated Market Maker system
Whitepaper: https://docs.yearn.finance/
Website: https://yearn.finance/
