![]() ![]() Yearn and especially its developer Banteg, is known for helping projects mitigate the effect of hacks when they’re discovered. “As you’re seeing in v3, and also in our work in security (for Yearn and others who need our help in war rooms), we’re serious about evolving the space,” Eberle said. “We’re focusing a lot of brain time and energy on being a protocol others want to come build on top of,” Eberle told The Defiant, emphasizing what he sees as Yearn’s focus on security, ease of integration, and fee sharing through a partnership program. In January, The Defiant reported how ERC-4626 standardizes yield bearing tokens, making it easier for developers to build on top of tokens that accrue value instead of having to create custom solutions for each.Ĭhris Eberle, a contributor at Yearn Finance, sees the inclusion of the standard, as well as the whole of the protocol’s forthcoming v3, as progress towards establishing Yearn as a piece of DeFi infrastructure for yield. Upcoming changes include issuing Yearn’s vault tokens, which essentially represent deposits in the protocol’s vaults, using the ERC-4626 standard. ![]() It’s the biggest collection of updates in Yearn’s history. On May 3, the yield aggregator unveiled a third iteration of their core product, Vaults. They generate earnings by pushing capital strategically through DeFi protocols and they have largely fallen out of the limelight in a crypto world engulfed by Bored Apes and multi-chain ecosystems.īut the leader in the category, Yearn Finance, is still making moves. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |