The Rocket Fuel of DeFi……..yearn.finance (YFI) OF BINANCE CHAIN



Yield Farming refers to the activity of depositing and locking capital in a DeFi Protocol for the reward of the protocol’s native tokens. DeFi protocols need to bootstrap capital to provide liquidity for exchanges, lend to borrowers, underwrite insurance risk, etc. It acts as an incentive to attract users to use the protocol while generating hype, giving out part of its native tokens.

Other than simple yield farming, Yearn Finance also released a product named delegated vault. Delegated vaults basically use any assets as collateral to borrow stablecoins and recycle the stablecoins into a stablecoin vault. Any subsequent earnings are then used to buy back the asset.

https://beta.autofarm.network/
https://autofarm-network.gitbook.io/autofarm-network/
https://autofarm-network.medium.com/pivoting-276837b79af7A

Automated yield farming platform

https://beta.autofarm.network/audit_vidar_autofarm_v2.pdf
https://bscscan.com/address/0x0895196562c7868c5be92459fae7f877ed450452

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