What is yearn.finance (YFI)?
Yearn.finance (YFI), launched in 2020, is a decentralized finance aggregator, offering a suite of services that aim to maximize the yield from various DeFi protocols. YFI is the governance token of the Yearn.finance ecosystem, allowing holders to vote on proposals and decisions.
The platform automates the process of yield farming, providing users with an easy way to access high returns from DeFi protocols without needing extensive knowledge. Yearn.finance aims to simplify and optimize DeFi investment strategies, making it more accessible and efficient for users. Its innovative approach to DeFi aggregation has made it a significant player in the space.