Yearn Finance announces another ‘merger’ with the Cream lending protocol
Two days after Yearn Finance (YFI) and Pickle Finance joined forces in DeFi’s first effective merger, Yearn founder Andre Cronje published details of another upcoming integration with Cream, a lending protocol similar to Compound and Aave. Yearn users will be able to put their vault tokens — their share in a yield farming strategy fund — as collateral to borrow on Cream.
Unlike with Pickle Finance though, the governance and token economics of Cream will remain unchanged. While the core team seems to be within their rights to approve partnerships and mergers, these actions may trigger further discussion of the role of the YFI token holders in the Yearn ecosystem.