Sign in

Yearn Finance announces another ‘merger’ with the Cream lending protocol

cointelegraph.com

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.

Read in Full: cointelegraph.com
Bitcoin AAVE
$ 83.34
Bitcoin COMP
$ 51.83
Bitcoin YFI
$ 6787

Timeline of Aave, Aave-old, Compound, Yearn-finance

Claim Your 100 USDT Reward
Earn a limited-time reward by registering and starting your crypto journey now! Claim Reward!
Bitcoin Bitcoin
62199.8000 -3.85%
Ethereum Ethereum
3043.50000 -3.41%
BNB BNB
532.337000 -5.88%
Solana Solana
131.092000 -10.17%
XRP XRP
0.48790200 -1.89%