_name

_denom

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Approval

Burn

authority

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owner

LogSetOwner

Mint

Start

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recipient

amount

bridge_fee

__CronosSendToEthereum

sender

__CronosSendToIbc

allowance

approve

balanceOf

burn

addr

burn_by_cronos_module

decimals

mint

mint_by_cronos_module

move

name

native_denom

pull

push

send_to_ethereum

send_to_ibc

authority_

setAuthority

name_

setName

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start

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symbol

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CronosCRC20

Yearn Finance is a suite of products in Decentralized Finance (DeFi) that provides lending aggregation, yield generation, and insurance on the Ethereum blockchain. The protocol is maintained by various independent developers and is governed by YFI holders.

It started out as a passion project by Andre Cronje to automate the process of switching capital between lending platforms in search of the best yield offered, as the lending yield is a floating rate rather than fixed rate. Funds are shifted between dYdX, AAVE, and Compound automatically as interest rates change between these protocols.&nbsp;

The service offered includes major USD tokens such as DAI, USDT, USDC, and TUSD. For example, if a user deposits DAI into yearn.finance, the user will receive yDAI token in return, which is a yield-bearing DAI token.&nbsp;

Later on, it collaborated with Curve Finance to release a yield-bearing USD tokens pool that includes four y-tokens: yDAI, yUSDT, yUSDC and yTUSD, it is named as yUSD.&nbsp;

Yearn Finance debuted the vault feature after its token launch, igniting a frenzy on automated yield farming and is considered the initiator of the category of yield farming aggregator. Basically, the vault will help users to claim yield farming rewards and sell it for the underlying assets.&nbsp;

Vaults benefit users by socializing gas costs, automating the yield generation and rebalancing process, and automatically shifting capital as opportunities arise. End users also do not need to have proficient knowledge of the underlying protocols involved or DeFi, thus the Vaults represent a passive-investing strategy. It is akin to a crypto hedge fund where the aim is to increase the amount of assets that users deposited.





yearn.finance

<h2>What is Cronos?</h2>
Cronos is the native token of the Cronos chain, a decentralised, open-source, energy-efficient public blockchain with high speed and low transaction fees. Cronos is designed to support the creator economy with Web3 applications such as DeFi and GameFi, ultimately serving as the foundational infrastructure for an open metaverse. Cronos is designed to serve the next billion Web3 users and to help them experience the full promise of self-custody of their digital assets.

Cronos is an Ethereum-Virtual Machine (EVM) compatible blockchain powered by Ethermint and built with the Cosmos SDK that supports the Inter-Blockchain Communication (IBC) protocol. Accordingly, end-users can import cryptocurrencies from the Ethereum, Cosmos and other chain families into Cronos as well as rapidly port apps &amp; smart contracts from Ethereum and EVM-compatible chains.

Learn More about <a href="https://crypto.com/en/coins-ai/cronos/what-is" rel="noopener noreferrer" target="_blank">Cronos</a> and the <a href="https://crypto.com/en/coins-ai/cronos/what-is" rel="noopener noreferrer" target="_blank">latest news.</a>

Cronos

Ethereum

yearn.financeYFI

Overview

Token Details