What are YEARN VAULTS? ETH Vault Explained | DEFI, YIELD FARMING

So what are Yearn Vaults all about? Also, how does the ETH Vault work under the hood and how can it bring over 60% returns? We’ll go through all of this in this video.

Yearn Vaults, in essence, are pools of funds with an associated strategy for maximising returns on the asset in the vault. Vault strategies are more active than just lending out coins like in the standard Yearn protocol. In fact, most vault strategies can do multiple things to maximise the returns. This can involve supplying collateral and borrowing other assets such as stable coins, providing liquidity and collecting trading fees or farming other tokens and selling them for profit. Each vault follows a strategy that is voted in by the Yearn community.

Yearn Vaults were created as a direct response to yield farming and liquidity mining that made searching for the highest yield much more complex than just switching between different lending protocols.

📖 Post ► https://finematics.com/yearn-vaults-eth-vault-explained
🐦 Follow Finematics on Twitter ► https://twitter.com/finematics
💛 Support Finematics on Patreon and join our Discord community ► https://www.patreon.com/finematics

(Visited 650 times, 1 visits today)

You might be interested in

LEAVE YOUR COMMENT

Your email address will not be published. Required fields are marked *

tether
Tether (USDT) 0,834208 0,07%
usd-coin
USD Coin (USDC) 0,833850 0,00%
zcash
Zcash (ZEC) 233,54 15,00%
tezos
Tezos (XTZ) 6,14 4,60%
uniswap
Uniswap (UNI) 30,37 1,52%
bitcoin
Bitcoin (BTC) 51.301,00 1,38%
bitcoin-cash
Bitcoin Cash (BCH) 930,21 26,73%
ethereum
Ethereum (ETH) 2.019,30 1,80%
litecoin
Litecoin (LTC) 260,48 13,73%
dash
Dash (DASH) 313,50 14,42%
cardano
Cardano (ADA) 1,17 1,24%
chainlink
Chainlink (LINK) 35,00 3,18%
compound-governance-token
Compound (COMP) 473,86 1,04%
cosmos
Cosmos (ATOM) 22,07 5,83%
dai
Dai (DAI) 0,833487 0,31%
monero
Monero (XMR) 297,73 10,54%
omisego
OMG Network (OMG) 8,28 7,10%
polkadot
Polkadot (DOT) 38,96 12,82%
siacoin
Siacoin (SC) 0,047060 75,65%
stellar
Stellar (XLM) 0,509343 2,56%
aave
Aave (AAVE) 366,11 1,57%
aragon
Aragon (ANT) 8,82 2,27%
basic-attention-token
Basic Attention Token (BAT) 1,27 5,37%
balancer
Balancer (BAL) 53,47 3,26%
filecoin
Filecoin (FIL) 151,39 1,23%
waves
Waves (WAVES) 13,44 1,66%
kusama
Kusama (KSM) 390,07 5,96%
yearn-finance
yearn.finance (YFI) 43.382,53 9,82%
curve-dao-token
Curve DAO Token (CRV) 3,30 1,68%
nano
Nano (NANO) 8,84 98,64%
tron
TRON (TRX) 0,138161 11,94%
flow
Flow (FLOW) 29,94 2,23%
icon
ICON (ICX) 2,41 15,69%
kyber-network
Kyber Network (KNC) 2,90 4,93%
havven
Synthetix Network Token (SNX) 17,68 1,58%
qtum
Qtum (QTUM) 15,21 10,02%
kava
Kava.io (KAVA) 5,51 4,30%
decentraland
Decentraland (MANA) 1,15 19,58%
algorand
Algorand (ALGO) 1,29 6,84%
melon
Enzyme (MLN) 77,82 6,02%