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 846 times, 1 visits today)

You might be interested in

LEAVE YOUR COMMENT

Your email address will not be published.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

kusama
Kusama (KSM) 351,70 4,45%
compound-governance-token
Compound (COMP) 344,42 1,00%
dash
Dash (DASH) 172,99 1,55%
zcash
Zcash (ZEC) 118,54 3,57%
yearn-finance
yearn.finance (YFI) 29.008,46 2,23%
bitcoin
Bitcoin (BTC) 41.170,31 2,18%
ethereum
Ethereum (ETH) 2.967,16 0,71%
tether
Tether (USDT) 0,848995 0,06%
cardano
Cardano (ADA) 2,04 1,37%
xrp
XRP (XRP) 0,916915 1,85%
dogecoin
Dogecoin (DOGE) 0,206610 0,58%
polkadot
Polkadot (DOT) 30,14 5,68%
usd-coin
USD Coin (USDC) 0,848995 0,13%
uniswap
Uniswap (UNI) 20,99 0,33%
bitcoin-cash
Bitcoin Cash (BCH) 537,97 2,55%
chainlink
Chainlink (LINK) 24,63 2,32%
matic-network
Polygon (MATIC) 1,17 3,84%
solana
Solana (SOL) 137,09 16,16%
litecoin
Litecoin (LTC) 154,70 0,75%
stellar
Stellar (XLM) 0,276579 1,36%
ethereum-classic
Ethereum Classic (ETC) 48,85 1,18%
eos
EOS (EOS) 4,44 1,64%
tron
TRON (TRX) 0,090835 1,59%
filecoin
Filecoin (FIL) 71,87 3,14%
aave
Aave (AAVE) 309,47 1,01%
monero
Monero (XMR) 228,19 3,12%
dai
Dai (DAI) 0,848995 0,14%
tezos
Tezos (XTZ) 5,54 2,99%
cosmos
Cosmos (ATOM) 32,41 10,83%
algorand
Algorand (ALGO) 1,69 0,53%