Global Rank
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Market Cap
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24hr Volume
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24hr Change
0.00%Yearn Finance is an open-source DeFi protocol That aims to simplify user interaction on DeFi protocols. The platform also allows users to access the best annual percentage yields offered across the cryptocurrency market. Some of the main tenants of the Yearn Finance ecosystem include: privacy, anonymity, and wealth sovereignty. Yearn Finance is focused on building an ecosystem that is community-driven, adds liquidity, executes derivatives, automates yields, and allows for swapping.
Yearn Finance is a massively complex ecosystem with many use cases, its applications include alternating across lending blockchains to utilizing base layer chains, to executing complicated transactions. The initial supply of the Yearn token was exactly 48,000. In 2021, the token aims to develop a mobile staking app and burn thousands of tokens. The ecosystem has also laid out specific, stringent liquidity ratio requirements
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