Yearn Finance
About Yearn Finance
Yearn Finance is the OG DeFi yield aggregator. Users deposit tokens into Yearn Vaults, which automatically deploy capital across lending protocols, LPs, and farming strategies to maximise yield. Yearn V3 introduced modular vaults with pluggable strategies. The protocol was founded by Andre Cronje and represents DeFi's 'set and forget' yield approach.
Key Features
- Automated yield strategies
- V3 modular vaults
- Multi-strategy vaults
- Gas-optimised harvests
- veYFI governance
- Cross-protocol composability
- Battle-tested since 2020
Risks
- Smart contract risk (multiple layers: vault + strategies + underlying protocols)
- Strategy risk
- Withdrawal delays during high utilisation
- Governance attacks
- Lower yields during bear markets
Community & Socials
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