yearn.finance's goal is simple - it is an aggregation platform for the profit output data for different products serving loan platforms, which derives the highest profit output in contract transaction interactions by rebalancing the data.

What is Yearn.Finance (YFI)?

Yearn.finance is a summary service for decentralized finance (DeFi) investors, which uses automation to enable them to make the most profits from earnings agriculture.

Its goal is to simplify the ever-expanding DeFi space for investors who are unfamiliar with the technology or want to engage in less investment than serious traders.

The service, launched in February 2020, was formerly iEarn, and has seen huge growth in recent months with the debut of new products and the development of developers' internal token YFI.

Who is the founder of Yearn.Finance?

Yearn.finance is Andre Cronje's creativity. After leaving the iEarn project in February 2020, Cronje returned to supervised rebirth, with new tools emerging, and YFI launched in July.

Since then, its fate has begun to reverse, with total assets locked in value just above $1 billion as of September 2020.

Cronje has a long career in the cryptocurrency field, and has especially become synonymous with DeFi. He has also held positions in the smart contract ecosystem Fantom and CryptoBriefing, a resource dedicated to initial token issuance (ICO) and crypto media.

What makes Yearn.Finance unique?

Yearn.finance is committed to simplifying DeFi investments and activities such as income agriculture for the wider investor sector.

The platform utilizes various custom tools as an aggregator for DeFi protocols such as Curve, Compound, and Aave, which gives those using cryptocurrencies the highest gains.

New features will continue to be launched, among other things, designed to help maintain the long-term value of the platform.

Yearn.finance makes profits by charging withdrawal fees, which are currently 0.5% at the end of September 2020, and a 5% gas subsidy fee. Due to its governance model, it can be technically changed through consensus at any time.

yearn.finance's target market is investors who don't have time to re-examine the increasingly complex DeFi phenomenon or want to optimize returns.