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What is YFI?

Yearn Finance is an aggregator service for decentralized finance (DeFi) investors. It uses automation to allow investors to maximize profits from yield farming. Launched in February 2020, the service, formerly known as iEarn, has seen huge growth as new products debuted and developers released the in-house token YFI. Yearn Finance’s goal is to simplify the ever-expanding DeFi space for investors who are not technically minded or who wish to interact in a less committal manner than serious traders. Yearn Finance runs on the Ethereum and Fantom blockchains.

What is YFI?

Use the multichain Bitcoin.com Wallet app, trusted by millions to safely and easily send, receive, buy, sell, trade, use, and manage Bitcoin, YIF, and the most popular cryptocurrencies.

Table of Contents

Related guides

Start from here →

What is DeFi?

What is DeFi?

Learn what makes decentralized finance (DeFi) apps work and how they compare to traditional financial products.

Read this article →

What is DeFi?

What is DeFi?

Learn what makes decentralized finance (DeFi) apps work and how they compare to traditional financial products.

What are ERC-20 tokens?

What are ERC-20 tokens?

Learn the basics of the Ethereum token standard, what ERC-20 tokens are used for, and how they work.

Read this article →

What are ERC-20 tokens?

What are ERC-20 tokens?

Learn the basics of the Ethereum token standard, what ERC-20 tokens are used for, and how they work.

What's a smart contract?

What's a smart contract?

Get the basics on the "software" that runs on decentralized networks.

Read this article →

What's a smart contract?

What's a smart contract?

Get the basics on the "software" that runs on decentralized networks.

What is APY?

What is APY?

APY stands for annual percentage yield. It is a way to calculate interest earned on an investment that includes the effects of compound interest.

Read this article →

What is APY?

What is APY?

APY stands for annual percentage yield. It is a way to calculate interest earned on an investment that includes the effects of compound interest.

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