In this, the seventh volume of the Holdex Community Digest, we focus on guides on DeFi projects we think everyone in the space should know about:
yEarn Finance (sometimes stylized as yearn.finance) is a DeFi aggregator and yield rebalancer. Funds locked into yEarn contracts are periodically rebalanced between a select group of lending protocols to maximize yield.
In this article, we will be taking an introductory look at yEarn Finance in order to better understand all the hype around this newcomer in the DeFi space.
Curve Finance is one of the most popular projects currently operating within the DeFi space. Having started off with stablecoin swapping functionality with low slippage, Curve has now been integrated into many different nooks and crannies of the DeFi ecosystem.
MakerDAO (often just Maker) is a credit protocol that mints the DAI stablecoin, the Crypto-Verse’s first fully decentralized dollar-pegged asset, backed only by other cryptoassets. DAI and MKR, the protocol’s governance token, are at the basis of so many DeFi applications that it is well worth understanding their functioning and significance.
Interested in yEarn, Curve, or Maker? Perhaps you would like to share a story about your own experience? How about asking them a question? Visit their community pages at:
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my favorite digest so far :)
Just as most people are wondering if #yieldfarming is just another form of #cryptotrading, this is a wonderful collection of guides to bring clarity in this exciting moment for #blockchain
I might dabble on some of the safer #CurveFi pools, but for a very low-risk yet nice #Crypto yield, nothing beats the #DSR for
The fact that the Curve Finance Team is next door to other huge #DeFi projects such as Aave means that this is truly just the beginning for Curve Finance, and consequently the value of the token.