yearn

Introduction to yearn

yearn (formerly known as iearn) is an aggregate wealth management platform that supports multiple DeFi protocols. It will automatically move positions between protocols to help depositors obtain the highest wealth management returns.
The platform aggregates Compound, dYdX, Aave, and DDEX protocols. When users deposit, the platform will automatically allocate funds to the protocol with the highest yield at present. Then yearn will give users a proof of rights and interests called yToken, and users can withdraw their original deposited tokens and corresponding income through ytoken.
At the same time, yearn also cooperated with Curve to launch y.curve.fi, a stable currency exchange pool. yToken holders can enjoy the original loan and financial management income. You can also deposit yToken into the exchange pool of y.curve.fi, and you can become a stable currency market maker in the exchange pool and enjoy additional market-making benefits. Such a combination provides the highest stablecoin wealth management income among all DeFi platforms at present.
At present, the yearn platform has supported financial services of various stable currencies such as DAI, USDC, USDT, TUSD, sUSD, and BUSD.
yearn has issued the governance token YFI. yearn has participated in NexusMutual's smart contract insurance. yearn is still in the beta testing stage, and users who want to experience it need to pay attention to the risks.