Tags: Yearn Finance

The massive price slump came after several consecutive days of charting notable gains.

(DALL-E/CoinDesk)

Yearn Finance has not provided any details regarding the extent of the exploit. 

YFI has increased by 22.61 against its bitcoin trading pair over the past 48-hours.

The product is designed for users to gain exposure to a basket of liquid staking derivatives in a single token.

Andre Cronje believes that DeFi does not need a new narrative or a “shiny new toy” to work

The decision opens the way for MakerDAO to earn an estimated 2 annual yield on USDC stablecoin deposits.

Yearn was among the first yield aggregators in the now-mature decentralized finance ecosystem.