Yearn.finance is a decentralized smart financial product built on Ethereum. It implements algorithms to shift assets between different smart contracts to attain the highest yields.
Yearn.finance launched the YFI token in July 2020. Its price soared from $3 to $30,000 within one month, which rapidly attracted a large number of investors. Its founder, Andre Cronje, is a South African fintech developer. He created Yearn.finance when he realized that different DeFi applications offer different yields.
Users flocked to Yearn.finance soon after it was launched. Its market cap reached $1.5 billion by September 2020. Data shows that its total value locked in the network exceeded $6 billion at its peak in November 2021. How did the craze sweep the whole crypto space? How does it work? Let’s explore.
12/14/2022, 4:54:15 AM
Akropolis is a decentralized finance platform built on the Ethereum blockchain, designed for developers to develop and launch finance applications and services.
11/11/2023, 6:51:08 PM
Yield Aggregators are protocols that automate the process of yield farming which allows crypto investors to earn passive income via smart contracts.
1/27/2023, 2:55:12 PM
Solv Protocol is a decentralized financial infrastructure protocol that utilizes the ERC-3525 standard and other innovative technologies. By 2025, Solv Finance has evolved into a leading DeFi asset management platform, now serving over 315,000 investors with $780 million TVL across 240+ fund products. The platform has expanded significantly with advanced RWA integration, cross-chain support, and institutional solutions delivering 8-32% APY. This article explores Solv's enhanced mechanism, expanded product suite, evolving tokenomics with 30% fee sharing, and strategic partnerships that have positioned it among the top 3 DeFi asset management platforms with 15% market share in tokenized US Treasury segments.
6/5/2025, 9:47:30 AM
This article analyzes Polygon's position and technological innovations in Layer2 scaling solutions through a recent controversy. It examines Polygon's architectural design, ecosystem evolution, and current market challenges. By comparing TVL data and token performance, the article highlights Polygon's challenges in user engagement and profit-sharing. It concludes with strategic recommendations—including market positioning, incentive optimization, and ecosystem partnerships—offering fresh perspectives on the evolution of traditional public blockchains.
2/5/2025, 4:15:53 PM
The Bella Protocol is a DeFi platform that aims to simplify liquidity and yield farming for crypto participants to increase DeFi adoption.
6/30/2024, 1:43:52 PM
This article discusses how to make the entire ecosystem more mature as DeFi Summer comes to an end and more and more projects come out.
1/1/2024, 1:58:50 PM
This article analyzes recent challenges facing the Polygon ecosystem. Once a leader in multi-chain interoperability and DeFi, Polygon has attracted attention following AAVE and Lido's exit from its platform. The controversy centers on its "Polygon PoS Cross-chain Liquidity Plan" proposal, alongside challenges such as declining TVL (Total Value Locked) and unstable active user numbers. While Polygon continues to advance its technology and brand, it struggles to implement effective user incentives and find growth opportunities in today's competitive market.
12/23/2024, 6:45:33 AM
Alchemix is a DeFi project built on the Ethereum platform that provides users with self-repaying collateralized loans.
11/18/2023, 7:24:17 AM
This article analyzes the value-adding mechanisms, core functionalities, and associated risks of DeFi tokens while exploring future trends. It highlights how technological advancements and ecosystem integration will drive DeFi token expansion but also warns of potential pitfalls.
4/10/2025, 7:35:29 AM
Explore the SPELL token, its role in Abracadabra.money's DeFi ecosystem, tokenomics, and how it unlocks liquidity with MIM loans and farming incentives.
2/19/2025, 6:31:32 AM
PowerPool (CVP) is a dePIN network providing Transaction Signing as a Service, enabling users to delegate on-chain actions like rewards farming.
8/1/2024, 3:11:57 AM
In the previous article "Research on DeFi History: The Past DeFi Development History of Uniswap," the author reviewed the development of DeFi from the Bitcoin ecosystem's Counterparty protocol to dYdX, dividing DeFi history into two parts with Uniswap as the dividing line.
In this article, the author will systematically analyze the future Defi development trajectory of Uniswap and provide expectations for the future of the DeFi sector.
2/27/2024, 8:50:23 AM
This article provides a detailed overview of the eight forms of DAOs and their characteristics.
2/5/2024, 6:13:56 AM
Discover what crypto bubbles are, why they form, key warning signs, past examples, and how to protect your investments in a volatile crypto market.
4/15/2025, 2:42:33 AM