Yearn Finance
yearn.fi
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Overview
Yearn Finance is a decentralised asset management protocol launched in 2020 that automates yield strategies for depositors. Its vaults allocate capital across lending markets and liquidity pools according to strategies written and maintained by independent contributors. The project distributed its governance token without a sale or investor allocation, a decision that made it a reference case for fair launches.
News
Yearn.finance token tumbles 43%, community speculates on exit scam
Yearn.finance's YFI token plummeted over 43% in just five hours on Nov. 18 after rallying almost 170% in previous weeks.
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Rekt - Yearn
DeFi / Crypto - No protocol is too big to fail. The extreme power of flash loans makes blue chips fade to black. Even the mighty Yearn falls victim to the arbitrageur. Will Yearn be bailed out by CeFi?
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