Yearn Finance is a yield aggregator that uses vaults to earn passive income for its users.
What is Yearn Finance?
Founded in 2020 by Andre Cronje, Yearn Finance is a multi-chain yield aggregator that uses investment pools, called yVaults, to automate yield and automatically react to opportunities in the marketplace. Yearn allows for interest earned on the same token that users deposit, no withdrawal fees, and the opportunity for anyone to build an investment strategy to help Yearn vaults increase in yield.