Yearn Finance Newsletter #17

Week Ending January 10th, 2021

Welcome to the 17th edition of the Yearn Finance Newsletter. Our aim with this newsletter is to keep the Yearn and the wider crypto community informed of latest news, including product launches, governance changes, and ecosystem updates. If you’re interested in learning more about Yearn Finance, follow our official Twitter and Medium accounts.


  • Alpha Homora & Yearn Finance Leveraged yVaults

  • Impermanent Loss Protection & Single-Sided LP Solution Being Tested

  • yVault Alert Bot 

  • Yearn v2 2/3 Audits Completed

  • Yearn State of the Vaults

  • Partnership Roundup

  • Ecosystem News

Alpha Homora & Yearn Finance Leveraged yVaults

Yearn v2 will coincide with an update of C.R.E.A.M v2 (Iron Bank) and will enable Yearn yVaults to develop leveraged yield-farming strategies and cross-asset strategies utilizing Alpha Homora. Users will be able to deposit DAI and borrow an equivalent dollar amount of ETH via C.R.E.A.M and enter SushiSwap liquidity pools utilizing Alpha Homora’s leveraged yield-farming product. Users will ultimately be able to obtain 90x leverage on stablecoins or 80x leverage on ETH to farm SUSHI, CRV, ALPHA. If the user uses Yearn yVaults they will also potentially be eligible to earn PICKLE. 

Impermanent Loss Protection & Single-Sided LP Solution Being Tested

Yearn contributor Andre Cronje has been developing and testing a potential product offering Impermanent Loss protection & enabling single-sided liquidity for Automated Market Makers (AMMs). This solution would be integrated into SushiSwap, Yearn’s AMM arm, and would help differentiate SushiSwap from other AMMs in the market. Please be aware that this solution is still being tested, and any releases are experimental in nature. More pertinent information will be shared as it becomes available.

yVault Alert Bot

We are pleased to announce the release of an alert bot built in collaboration with HAL. This bot tracks and alerts withdrawals and deposits from our yVaults. Additionally, the highest earning yVault (by APY) is reported each month. You can follow the alert bot here

Yearn v2 2 out of 3 Audits Completed

2 out of 3 scheduled audits for Yearn v2 have completed and the 3rd audit is pending. We will share new information regarding the upcoming launch in the near future. 

Yearn State of the Vaults

You can read our weekly synopsis regarding Yearn’s yVaults, including current strategies and upcoming changes here

Partnership Roundup 

You can read our weekly partnership roundup discussing updates involving partners in the Yearn ecosystem here

Governance Roundup

There have not been notable governance proposals or changes to the Yearn ecosystem this past week. As such, there has not been a governance roundup published. 

Ecosystem News

Yearn v2 UI status update

Earn interest on your idle YFI with Binance

SushiSwap 2021 Roadmap released

How Alpha Homora & Yearn will grow together with synergies

Another thread on Alpha Homora integration with Yearn ecosystem partners

New BAC/DAI pickle jar for Basis Cash

Yearn Test Vaults Registry released

Lido St. Ether Vault

Yearn Vaults v0.3.0 “Strelka” release

Upcoming COVER v2

COVER/ETH pair on SushSwap now receiving SUSHI rewards

YIP to create a Yearn & Gitcoin partnership