Imagine you want to deposit a stable coin like USDC in one of the pools of lending platforms like Compound and receive a reward. Simply put, it is an aggregator of lending platforms where users can ensure that in any situation they make the most profit by investing their capital in the lending process on these platforms. The main goal of this product is to increase the maximum efficiency of the lending process through automatic capital transfer in AAVE, DYDX, and Compound platforms. Simply put, investors do not need the knowledge to work with decentralized finance platforms, and this product provides them with maximum returns. This product increases the profit of the members participating in the Vault product by reducing the cost of commissions, automating the Yield processes, and automating the transfer of capital in the appropriate situations. The different parts of the Yearn Finance platform are controlled by different people and the selection and implementation of decisions related to each part is managed according to the protocol of governance token and the native token of this platform, YFI.Ĭapital pools that automatically provide maximum returns for investors based on market opportunities. Decentralized finance means the removal of intermediaries such as banks, organizations, and legislatures from the international financial system. The word “DeFi” stands for “Decentralized Finance” and refers to a decentralized financial system. The Yearn.Finance platform is a collection of decentralized finance industry or DeFi products, developed to provide returns services such as Yield Farming on the basis of smart contracts of Etheruem. Where can buy or sell Yearn Finance coin.Review of governance process in Yearn.Finance.Introducing the founder of Yearn Finance.What is the main purpose of Yearn Finance?.Introducing Yearn Finance platform products.
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