yearn.finance is a DeFi protocol that automates yield farming and liquidity aggregation to maximise returns for its users. By pooling user funds and deploying them across various DeFi protocols, yearn optimises yields through strategies that leverage lending, borrowing, and staking opportunities.

Created by developer Andre Cronje, yearn.finance simplifies the complex process of navigating DeFi for users who seek passive income. Its flagship product, Vaults, automatically moves funds between platforms like Aave, Compound, and Curve to ensure optimal returns with minimal user intervention.

YFI, the protocol’s governance token, is used to vote on protocol changes and improvements. Notably, yearn.yinance adopted a fair launch approach, distributing YFI tokens without pre-mining or allocations for developers or investors, setting a precedent in the DeFi industry.

yearn.finance is highly regarded for its transparency, community-driven ethos, and user-centric design, making it an active participant in the DeFi ecosystem.