What is yearn.finance (YFI)

1. Project Introduction
Yearn Finance is a decentralized asset management protocol offering a variety of financial services such as liquidity provision, lending, and insurance. Its flagship product, Vaults, executes yield farming strategies proposed by the community to maximize returns while managing risk. Users deposit assets into Vaults and earn optimized yield. Initially focused on stablecoins, Yearn has since expanded support to ETH, tokenized BTC, Chainlink, and other major assets.
Summary: By leveraging automated strategies and supporting a wide range of assets, Yearn provides users with flexible and efficient DeFi asset management tools.
2. Team & Investment Info
Founded in early 2020 by renowned developer Andre Cronje, Yearn Finance quickly became a cornerstone of DeFi. Andre is also known for projects like Keep3rV1, Hegic, Pickle, Cover, PowerPool, Cream V2, and Akropolis.
Banteg (Artem): Lead developer, known for major contributions to the $YFI codebase
Facu: Core contributor and co-founder of Daedalus, actively involved in Yearn's development
3. Social Media URLs
X: https://x.com/yearnfi
Discord: https://discord.gg/b8ENPNqG5c
Telegram: https://t.me/yearnfinance/
Medium: https://medium.com/iearn
4. Token Info
Token Symbol: YFI
Total Supply: 36,666
Token Type: ERC-20
Issuance/Burn Mechanism: Fixed supply
Contract Address: 0x0bc529c00c6401aef6d220be8c6ea1667f6ad93e
Token Distribution: Fully unlocked
5. Related Links
Official Website: https://yearn.fi/
GitHub: https://github.com/yearn
Other Info: https://docs.yearn.fi/