This week's Yearn State of the Vaults 🏦
💠 A new @CurveFinance Vault for the sAAVE pool
💠 Testing a cross-chain yVault on @FantomFDN 😲
💠 Experimental $UNI vault in @PoolTogether_ 🧪
Including latest APYs of all yVaults below 👇
https://t.co/mhRlnrMNmu
Yearn Partner Roundup #7
💠 Onsen Round 2: New pairs and a revised allocation point system
💠 wETH -> wFTM cross-chain swaps using @SushiSwap
💠 @CreamdotFinance Treasury Management plan announcement
💠 Credit Default Swaps (CDS) from @CoverProtocol
https://t.co/MSqImBIwBh
Most DeFi index sites underreport Yearn TVL by a lot, added reference calculation to yearn-exporter, available as API soon https://t.co/BrFP5DUeyV
Earn: $307.29M
Vaults v1: $407.65M
Vaults v2: $87.59M
IronBank: $151.5M
Backscratcher: $19.34M
Actual net TVL: $901.43M
Yearn has submitted an ARC to disable YFI borrowing in @AaveAave, secure a fixed interest rate and enable native credit delegation to Yearn Vaults.
https://t.co/3hLxzCOxb1
YIP-57: Funding Yearn's Future has passed with 83.46% of the eligible vote in favor. This YIP is now official and binding. More details will be shared in the future.
A complete description of this YIP can be found below.
https://t.co/umzNPL1GnX
We will be having our next AMA Wednesday, February 3rd at 4pm UTC on our discord server. @tascha_panpan from @AlphaFinanceLab will be joining us as a special guest to briefly discuss their upcoming v2 YFI/ETH pool and ibYFI product.
See you there!!
https://t.co/N6wOyMPvvM
1/ We are excited to announce the re-launch of our v1 ETH yVault. This vault has been revamped and is able to accommodate high demand that our v1 yVault experienced. Further, we have implemented a buffer for withdrawals and more efficient debt management.
~41% of $YFI staked in governance has voted on YIP-57, with 95% in favor of minting 6,666 more YFI.
We haven't had engagement like this since the first yearn proposals in July.
An idea that was impossible just a few weeks ago now has overwhelming support. Simply astounding.
The last few days have been full of very engaging discussions w/ the community on the future of @iearnfinance.
We'd like to present a path forward which we believe ensures the sustainable development of yearn. We welcome input from the community
https://t.co/jI9flJDhS5
🍣 If you still think $SUSHI is just an opportunistic clone of $UNI, you haven't been paying enough attention. As a now formidable #Uniswap competitor, #Sushiswap has seen a big trading volume rise without the expected subsequent discussion. Read our take! https://t.co/vT4v7xVZQY