What is Yearn Finance (YFI)? | Yearn Finance Explained in Under 60 Seconds
The Yearn Finance Network (YFI) is a suite of DeFi products that provide lending aggregation, yield generation, & insurance on the ETH blockchain. Core products in the suite include: Vaults, Earn, Zap & Cover. The Yearn.Finance Token (YFI) is the governance token for the Yearn platform. Only 30,000 minted and already fully distributed.
▶ Search the Largest Crypto Token Video Database https://cryptodefirevolution.com/
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yVAULTS are a passive investing strategy where capital pools automatically generate yield, and shift capital based on current market opportunities.
With EARN, users can deposit to lending aggregator smart contracts were funds are automatically shifted between dYdX, AAVE & COMP to obtain the highest interest rates.
ZAP allows users to swap (Zap} between supported stablecoins and several liquidity pools on Curve.Finance.
yINSURE (also known as COVER) is insurance that covers users against financial loss for various smart contracts and/or protocols on the Ethereum blockchain.
WEBSITE: https://yearn.finance/
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