Yearn Finance Newsletter #48

Yearn Finance introduced Weekly Newsletter #48 to keep the Yearn and the wider crypto community informed of latest news, including product launches, governance changes, and ecosystem updates.

  • Yearn Goes Multichain with Fantom
  • Yearn Reaches $5B TVL (Again)

Total value locked across all Yearn products has surpassed $5 billion once again, and $1 billion has been added in the last month alone. Yearn is continuing to see parabolic growth among its products with no indication of slowing down. The Iron Bank and v2 vaults are particularly notable components of exponential growth. You can view and track TVL metrics among products using yearn.science.

  • How You Can Contribute to Yearn
  • Call for Ideas: YFI Tokenomics Revamp

With the renewed interest in YFI tokenomics in recent days and the v3 protocol development still being in the phase when it’s malleable enough, it might be a good time to properly tie the two together. Everything is on the table, be it token split, liquidity mining, tail emission, veCRV-style lockups. If you started YFI right now, how would you structure it?

  • Transparency at Yearn
  • Vaults at Yearn

You can read a detailed description of the strategies for all of active yVaults here.

  • Ecosystem News

About Yearn State of the Vaults

Yearn State of the Vaults is a weekly publication that covers news, upcoming changes, and current strategies for all of Yearn Finance’s yVaults.

📰 INFO:

https://yearn.substack.com/p/yearn-finance-newsletter-48

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BTC Dominance: 46.32%
ETH Dominance: 18.86%
Defi Market Cap: $136.48B
ETH Market Cap: $485.59B
Defi to ETH Ratio: 28.11%
Defi Dominance: 5.08%
Total Market Cap: $2573.1B
Altcoin Market Cap: $1381.19B
Total Trading Volume 24h: $130.85B
Altcoin Volume 24h: $83.04B
Total Cryptocurrencies: 12965
Active Cryptocurrencies: 6711
Active Market Pairs: 47804
Active Exchanges: 419
Total Exchanges: 1503
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