Buy Биткоин BTC
Bitcoin (BTC)
Buy Эфир ETH
Ethereum (ETH)
Buy BNB
BNB (BNB)
Buy Ripple XRP
Ripple (XRP)
Buy Tron TRX
Tron (TRX)
Buy Polygon Matik
Polygon (MATIC)
Buy Solana SOL
Solana (SOL)
Buy Dogecoin DOGE
Dogecoin (DOGE)
Buy Avalanche AVAX
Avalanche (AVAX)
Buy Cardano ADA
Cardano (ADA)
Buy Polkadot DOT
Polkadot (DOT)
Buy Syscoin SYS
Syscoin (SYS)

What is yVaults?

Crypto Terms Glossary: What is yVaults?

yVaults are a feature of the Yearn.Finance protocol which automate the process of yield farming. Users deposit tokens into a yVault, then Yearn borrows stablecoins against the user's asset. The stablecoins are then used for yield farming in various protocols, with the vault shifting strategies as opportunities change. As gains are realized on stablecoins, Yearn converts the gains back into the user's original asset and the user's rewards are paid in that asset. Each yVault has a different annual percentage yield (APY).

Share this news and win 10 USDT with daily contest on CryptoFingers Telegram.
Make crypto bots for trading
Education: Copy trading in Crypto: To do or not to do? By Biconomy.com
In the dynamic world of cryptocurrency investing, copy trading has emerged as a popular strategy. This approach allows investors to automatically replicate the trades of experienced traders..
Press Releases: Gate Ventures Invests in Japan’s Largest Web3 Gaming Pioneer, double jump.tokyo, Paving the Way for Web3 Mass Adoption
Gate Ventures is proud to announce its strategic investment in double jump.tokyo Inc., Japan’s foremost Web3 gaming company, as part of a $10 million funding round led by SBI Investment..
Press Releases: Blockchain Life 2024 in Dubai: Top Companies and Key Industry Figures Gather in the World Crypto Capital
Dubai, UAE, September 3, 2024. On October 22-23, Dubai will host the 13th international forum Blockchain Life 2024 – one of the largest global events in the field of web3..
Press Releases: GGI Makes Waves at WebX 2024, Leading the Web3 Gaming Revolution
GGI (Galaxy Girl Interactive) is a group that accelerates Web3 gaming by empowering builders and delivering the best gaming content to mass users. They offer cutting-edge..