Yearn Finance Vault Users Lock $139M: Farmers Claim Collateralized ETH Gathers 90% APY

On September 3, 2020, the well known Yearn Finance defi project “paused” the popular ethereum liquidity vault (yETH) service, after locking in a significant $139 million. Yearn’s vault feature launched on Wednesday, and saw $100 million deposited on the first day. The vault hype has also caused the Maker DAO project to make a governance … Read more