Don’t Sleep on Yearn

A project that sits close to many Defi users’ hearts, Yearn Finance, has fallen out of favor in 2021. Driven primarily by the YFI minting saga, spill-over narratives from yEcosystem projects, and topped off with the v1 yDAI vault exploit, Yearn faced challenges rebuilding and galvanizing a community it was once touted for.

Yearn has lagged on a price-performance basis compared to other DeFi majors over Q4 2020 to Q1 2021; however, Yearn’s fundamentals have never been stronger. Behind the scenes, after months of building v2 vault core infrastructure, the Yearn team has shipped v2 Vault strategies – most recently, a YFI vault. Yearn’s TVL surpassed pr