Yearn’s sustainable liquidity incentives derive from Yearn’s ability to capture the marginal risk-adjusted...This makes Yearn’s moat more defensible....Yearn’s decision to optimize for security makes marginal AUM more likely to flow to Yearn....In this Daily, we break down how we see the State of Yearn ($YFI).

...however, Yearn’s fundamentals have never been stronger....A Resurgence in Yearn TVL  The stagnation of Yearn’s TVL in the prior months was due to minimal attention...Alchemix and Yearn’s Partnership Program are solidifying Yearn’s advantage here....Yearn is offering up to a 50% profit share to projects contributing TVL towards Yearn.

Disclosure: Delphi Ventures and employees of Delphi Digital hold YFI yEarn Finance was the hottest DeFi...But as the DeFi sector started to cool down following triple digit percentage gains, yEarn’s ability...There are two fees yEarn charges: a 5% performance fee charged on profits generated by a vault and a...Back to yEarn, a vault that farms UNI would be a milestone.

...report, we’re going to cover two of the most important, yet complex, projects in the DeFi sector – Yearn...While we started this report with a clear focus on Yearn, we soon realized that we couldn’t fully explain...This will serve as part 1 of our series on Yearn and Curve, with additional content, modeling and tooling...

PowerPool & Yearn Are Already Dating Some may realize that Yearn is actually already in the meta-governance...As the price of CRV continued to fall so did Yearn’s strategy yields....The Yearn community pivoted as this was obviously not sustainable....This was done to shift CRV rewards towards the pools that Yearn deposited liquidity to.

yEarn’s Enticing P/E yEarn Finance continues to hold itself as the blue-chip yield aggregator, producing...At its current pace, its 30D average annualized revenue is ~$118M. yEarn has recently called for community...A short thread — Jason Choi (@mrjasonchoi) November 25, 2021 yEarn Finance Ships New UI New Yearn UI...

All Pickle jars will become yEarn vaults....The gauge mechanism will in fact drive more capital to yEarn....This boost to yEarn vault APYs guarantees more capital will flow in, and thus more fees for yEarn. yEarn...It becomes a supplement to the yEarn protocol....yEarn ecosystem.

As we highlighted in our Yearn & Curve research report from last October, a symbiotic relationship...Despite Yearn having approximately an 8 month head start, Convex’s veCRV holdings quickly surpassed it...Convex and Yearn hold ~20% and ~9%, respectively, of the total veCRV supply....Secondly, Yearn actually utilizes CVX for its vault strategies.

The Market is Ignoring Yearn Yearn Finance’s AUM has hit $5 billion this week after a slight dip in...Yearn is one of the few protocols where TVL is monetizable and not just a proxy for investor/farmer demand...Since Yearn’s strategies primarily target Curve, and thus stablecoins, this might be a sign that investors...

At that time, I actually became a developer for Yearn during DeFi summer....That strategy became Yearn’s very first V2 vault....Yearn is an international group of people, right?...If it becomes hostile in the United States towards Yearn, Yearn won’t shut down, but it will not be good...In Yearn land, there’s been a lot going on with Fantom.

...to listing the long tail of assets for borrow/lending, plans around Cream V2, and a partnership with Yearn...

Yearn Finance Yearn is a fascinating case study to explore....Now, Yearn is “merging” with different protocols that provide key features for its own stack....can accrue value if Yearn’s assets flow into Pickle Vaults, the list goes on....why a strategy creator on Yearn can’t leverage Aave or Compound.

If this sounds eerily similar to yEarn Finance, that’s because it is. yEarn’s token, YFI, was the poster...The same can’t be said of yEarn, where product development is far more innovative but less focused....Because of Harvest’s smaller scope compared to yEarn, they’re able to focus more energy towards their...

The Battle for Curve With a unique incentive scheme for CRV lock ups, Convex has surpassed Yearn’s veCRV...It’s important to note that Yearn’s strategies also include depositing and farming CVX, so Yearn isn’...Further, Yearn operates without any governance token incentives to attract capital, while Convex is currently...

ETH/BTC nearly retraces dip, Convex and Yearn's battle for veCRV, and receding spot volume.

Crypto Dip Pushes Yearn’s Usage Higher Yearn Finance has been one of the biggest beneficiaries of the...From the chart below, you can see Yearn’s initial growth was stellar, but that eventually stagnated between...Yearn’s user base and AUM started to grow again in Mar. 2021, which is when most DeFi tokens topped and...

Ethereumprice.org yETH Vaults Simply put yETH vaults are an easy way to get yield on your ETH Vaults are one of Yearn...Yearn took things a step further with Delegated Vaults which leverage a certain asset to borrow an asset...delegated vault strategy is for the ETH Vault, where it uses a Maker Vault and delegates drawn DAI to the yearn...

Yearn has voted to adopt the proposal discussed in DAO Digest #17....The first step distributes bought-back YFI to those who participate in Yearn governance....The second introduces vote locking, gauges, xYFI, and a ‘useful work’ feature to Yearn....Meanwhile, Sushi and Yearn followed close behind at 441 and 427 respective votes.

A Yearn catalyst or pain point Does Alchemix building on top Yearn entrench Yearn as a base-layer protocol...Alchemix utilizing Yearn is great, but not necessarily the case in the long-run....While structurally different, alUSD is doing just that for Yearn....As of now, alUSD is backed by DAI deposited in the Yearn yDAI vault.

...heard of Yearn Finance....Yearn does this through systems known as “vaults.”...Yield aggregators like Yearn have a clear thesis....Yearn Finance Traction Yearn was originally launched in January 2020, but it wasn’t until July 2020 –...Yearn v2 will make vaults more efficient.