Yearn Finance Newsletter #29

Week Ending April 11th, 2021

Welcome to the 29th 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.


  • Yearn TVL Has Exceeded $2.5b

  • Launch of Our Weekly yVault Report

  • YIP-60: Airdrops To Yearn Vaults Voting is Live

  • Yearn Strategists Find the Opportunities For You

  • State of the Vaults

  • Partnership Roundup

Yearn TVL Has Exceeded $2.5b

We are thrilled to announce that total value locked (TVL) across all Yearn products, including yVaults (v1 and v2), iEarn, the Iron Bank, and experimental yVaults has exceeded $2.5b. TVL in Yearn products has seen explosive growth in recent history and shows no signs of slowing down!

We have created to track and monitor TVL across Yearn products over time. Check it out here

Launch of Our Weekly yVault Report

We are releasing a weekly yVault report to give more transparency and information regarding our yVaults. We hope to inform end users about current statistics with our yVaults, including most recent APYs, TVL by yVault, and the revenue mix bifurcated between governance, strategists, and depositors by the top performing yVaults. New relevant information will be added to this report as deemed appropriate.

You can view our first report here

YIP-60: Airdrops To Yearn Vaults Voting is Live

A new YIP is live on our Snapshot to determine how future airdrops to Yearn yVaults should be handled. This YIP does not apply to previously received airdrops. You can read the full description of the YIP and vote on it now using this link.

Voting ends April 12th, 2021. 

Yearn Strategists Find the Opportunities For You

Yearn yVaults are managed by Strategists who are among the most knowledgeable and advanced users in DeFi. These Strategists divert vault funds to new opportunities as they arise benefiting you the depositor. This week a new yield-farming opportunity quickly emerged and our Strategists were quick to create a new strategy. APR for the new strategy, when initially announced, was as high as 460%. Our v2 yvETH, yvDAI, yvUSDC and yvWBTC vaults had funds diverted to benefit from this new strategy. You can rest assured that Yearn Strategists are at the forefront of DeFi and are allocating your funds as new lucrative opportunities arise. 

State of the Vaults

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

Partner Roundup

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