Yearn Finance protocol
Overview
Yearn Finance is an Ethereum-based yield aggregator whose central product is the yVault: users deposit a single asset and the vault allocates it across DeFi strategies that harvest and compound yield on their behalf, functioning as an on-chain savings account with fully transparent accounting. Three vault generations exist: v1, the original single-strategy vaults using a `y` token prefix, now deprecated; v2, the long-running workhorse vaults that can run up to 20 strategies at once and are heavily used for Curve ecosystem pools, prefixed `yv`; and v3, built on the ERC-4626 tokenised-vault standard with improved safety and usability, prefixed `yv` for multi-strategy or `ys` for single-strategy vaults. Vaults charge a performance fee taken from yield at harvest and, in some cases, an annual management fee applied through share dilution; after YIP-69 the fee structure became dynamic, single-asset vaults typically carry no management fee, and factory-deployed vaults charge a 10% performance fee. Governance runs through the YFI token and its veYFI vote-escrow mechanism, with a forum and Snapshot voting. Yearn evolved from single-strategy v1 vaults into multi-strategy v2 vaults and then v3 vaults built on the ERC-4626 standard. Fee policy was overhauled by YIP-69 into a dynamic structure, and governance moved to veYFI vote-escrowed YFI.
Within the DeFi Intel graph, Yearn Finance connects to 19 tracked entities, most strongly to Ethereum, Arbitrum, Base.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 10 of 19 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Ethereum | 95% |
deployed_on | Arbitrum | 95% |
deployed_on | Base | 95% |
deployed_on | Polygon | 95% |
deployed_on | Optimism | 95% |
deployed_on | Fantom | 95% |
auto-compounds_into | Curve DEX | 95% |
deployed_on | Katana | 95% |
founded_by | Andre Cronje | 95% |
founded | Andre Cronje | 95% |
Frequently asked questions
What is Yearn Finance?
Yearn Finance is a yield aggregator tracked in the DeFi Intel knowledge graph. It is connected to 19 other tracked entities, most strongly to Ethereum, Arbitrum, Base.
What type of entity is Yearn Finance?
Yearn Finance is classified as a yield aggregator (protocol) in the DeFi Intel knowledge graph.
What is Yearn Finance connected to?
In the DeFi Intel knowledge graph, Yearn Finance is linked to 19 other tracked entities, most strongly to Ethereum, Arbitrum, Base.
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