yearn.finance yfi
What is yearn.finance?
Yearn Finance is a DeFi protocol for automated yield generation. Its core product is yVaults: smart-contract capital pools that deploy assets into DeFi strategies and return yield. YFI is the governance token.
What problem does yearn.finance solve?
DeFi yield is fragmented and manually managing it is difficult. Yearn pools capital and automates strategy execution, harvesting, and compounding.
How does yearn.finance work?
Users deposit assets into yVaults and receive shares. Strategies deploy capital into external opportunities. YFI governance uses stYFI with 14-day cooldown. V3 uses ERC-4626 architecture.
Key facts
- Ticker: YFI
- Ethereum contract: 0x0bc529c00C6401aEF6D220BE8C6Ea1667F6Ad93e
- Total supply: 36,666
- yVaults for automated yield
- stYFI governance
Official links
Categories
Decentralized Finance (DeFi)Yield FarmingYield AggregatorYearn EcosystemAvalanche EcosystemPolygon EcosystemNear Protocol EcosystemGnosis Chain EcosystemFantom EcosystemHarmony EcosystemArbitrum EcosystemEthereum EcosystemOptimism EcosystemBase EcosystemIndex Coop Defi IndexAlameda Research PortfolioEnergi EcosystemSora EcosystemHuobi ECO Chain EcosystemBlockchain Capital PortfolioGovernanceBase Native
Related coins
Compare
Frequently asked questions
What is YFI used for?
Coordination and governance of Yearn protocol.
How do vaults generate yield?
Strategies deploy pooled assets into DeFi opportunities and compound returns.
External trackers
Choose a tracking site for yearn.finance: