“I don’t know how any of this concludes, and am pretty apathetic at this point, but the parabolic rise in shitposting from Andre/Banteg makes me think the work on v2 is all but done and about to be deployed soon.” What happens to YFI after?Ītop a positive market sentiment, the v2 vault release gave YFI much-needed fresh momentum for a newfound rally. Hsaka, a pseudonymous trader, predicted the price of YFI to rise substantially when v2 vaults are completed, merely 24 hours before the actual announcement. V2 vaults provide Yearn.finance users with higher yield-earning opportunities alongside various improvements to the V1 vaults. They were designed so that the community could work together to build new strategies to find the best yield.” “Vaults employ strategies to automate the best yield farming opportunities available. The official Yearn.finance document reads: Vaults are a popular product within the Yearn.finance ecosystem that deploys various strategies to maximize yield for users that stake their holdings in the vaults. It allows users to access yield-generating products in the Ethereum ecosystem all in one platform. Yearn.finance is essentially an interface to all of DeFi. I am surprised he gets things right so fast without making mistakes.
A lot of moving pieces all coming together at last!”īeen trying to break doggy's code for months. “After 4 months and 8 design iterations, v2 Vaults are finally live! So proud to see this extensive redesign in action! All part of the larger v2 redesign of Yearn. YFI soared 10% within an hour after a V2 vaults teaser was uploaded by the Yearn.finance Twitter handle.Ī pseudonymous developer working on the v2 vaults said: