Yearn Finance is a decentralized finance (DeFi) platform that helps people, DAOs, and other protocols to optimize their returns on digital assets.
Company Details
- Native Token: cryptonewsnavigator.com
- Founders: Andre Cronje
- Founded: 2020
- Headquarters: Cape Town, South Africa
Key Features
It aims to simplify the process of yield farming for users and make it available for those who do not have technical knowledge.
Offers various vaults including Juiced Vaults and Vaults V2 for investment strategies.
Yearn Finance has its native token YFI that allows users to participate in governance decisions related to future developments and changes.
Offers a yBorrow feature that enables users to borrow assets using collateral directly through Yearn.