Yearn, the seventh-largest DeFi application on Ethereum by Total Value Locked (TVL), has launched its service on the Arbitrum Ethereum Layer-2 network. Four months ago, Yearn took its first steps outside of the Ethereum base chain when Yearn added support for the Fantom Layer-1 blockchain. By a...
Earlier this week, DeFi yield aggregator Yearn Finance released its financial report for the first quarter. According to the quarterly report uploaded on GitHub...
Plus: Coinbase’s current implied valuation Validation of crypto by established financial services companies came in a big way this week, with PayPal and Visa looking at how the company direction could involve crypto. Similarly, Microstrategy’s Bitcoin for Corporations event drew more than 5,000 attendees, with one speaker estimating that by year’s...
Things move fast in decentralized finance. And top DeFi yield aggregator project Yearn moves even faster. Indeed, while the successful start of Ethereum 2.0 captured the majority of attention this week because it bodes a mainstream future for the network, there was another string of developments in recent days that will likely prove pivotal for [...] The post Yield Aggregator Protocol Yearn: Becoming...
At the start of the week, Blockonomi surveyed some of the decentralized finance arena's top yield aggregator projects, including Yearn and Pickle Finance. These projects aim to bring DeFi users attractive returns via strategies powered by smart contract-based "vaults." The idea? You put your crypto in, these vaults automatically generate you profits on your deposits, [...] The post Yearn Making Waves: On the...
Yearn finance attempts to build a breakout above the $13,000 support but hits a barrier at the 50 SMA. YFI/USD could resume the breakdown aiming for...
Yearn.finance refreshes support at $20,000 but rebounds towards $22,000. On- chain data predicts increased selling pressure towards $25,000....
There is no doubt that DeFi has been the driver of all things crypto this year, ostensibly in the same way that altcoins catalyzed markets in 2017. According to one analyst though, the nascent industry may be at its top. Since...
Andre Cronje, the developer of yearn.finance, talks about all things DeFi and the past, present, and future of yEarn. In this episode, he discusses: what Yearn Finance is, and what led him to develop it and eventually open it to the...
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