Yearn finance yfi code#

Yinsure - A KYC-less insurance policy for smart contracts.Īndre Cronje, a cryptocurrency expert with extensive knowledge in mobile development and distributed systems, is the founder of Yearn Finance.Zap – This product bundles several trades in one click, enabling users to swap in and out of liquidity pools on Curve and saving on costs and labor.Earn – A lending aggregator, which ensures users take advantage of the highest interest rate lending an asset.Vaults benefit users by crowdsourcing gas costs, automating the yield generation and rebalancing process, and automatically shifting capital as needed. Vaults – A collection of investment strategies designed to generate the highest returns from other DeFi projects.The yearn.finance platform consists of several core products, including: Major exchanges trading YFI include Binance, OKEx, Huobi Global, and automated market maker ( AMM ) Uniswap. YFI is a freely tradable token with widely available pairs for cryptocurrencies, stablecoins, and fiat currencies. YFI acts as a governance token concerning voting and decision-making on the protocol.

Yearn finance yfi code#

It provides services using only code through a built-in system of automated incentives around YFI cryptocurrency. Yearn.finance removes the need for a financial intermediary like a bank or custodian.

The protocol is maintained by various independent developers and is governed by YFI holders, allowing all of Yearn's features to be provided in a decentralized manner. Yearn Finance allows users to maximize their investments through lending aggregation, yield generation, and insurance. It can be seen as an automatic yield farming protocol that searches the market for the best return opportunities and automatically allocates supplied liquidity to different pools in the DeFi ecosystem. Yearn Finance (YFI) is a group of protocols running on the Ethereum blockchain that allows users to automatically get the highest yields on several Decentralized Finance (DeFi) platforms.