TVL: $342.1M (-9.08%)
PRICE: $30,212 (-11.6%)
Product:
Vaults v2-0.3.0
Vaults v2-0.3.0 published to the Registry:https://t.co/M31JrDnLBt
— I'm just a doggie boi (@fubuloubu) January 11, 2021
yEcosystem
Deposit YFI as collateral, receive wYFI. Provide StableUSD in a liquidity pool in SushiSwap without any IL losses. Borrow assets with leverage via Iron Bank.
— ecx (@ecxkami) January 11, 2021
Earn trading fees (stUSD used as universal stablecredit) + insane yield with leveraged loans.
Thread on y ecosystem....
*Note: Any Impermanent Loss protection and single-sided liquidity provisioning products are being tested and experimental in nature.
Governance:
Fixing the Stats Page
@craysecurity pointed out that the current page is not currently displaying properly, showing TVL, Vault Holdings and Strategy Holdings as $NaN.
@dudesahn commented that it should be fixed soon—it was broken because a temporary fix to one of our deprecated vaults (yGUSD) messed with one of the functions on the yRegistry, which feeds the API, which feeds to the website.
A fix is being deployed to the registry very shortly.
Community:
Our Network Looking for a YFI Contributor
Looking for a data-driven contributor to cover @iearnfinance in this week's #DeFi edition of @OurNetwork__
— Spencer Noon (@spencernoon) January 11, 2021
Who wants to step up? 👀
Hoodie Spotted
everyone's getting impatient again
— Eric Juta (@ericjuta) January 9, 2021
hoodie arrived @loldefi$ETH $YFI pic.twitter.com/Ns2bmp7811
Media:
Read: Yearn.finance founder hints at collaboration with top DeFi protocol Curve
https://cryptoslate.com/yearn-finance-founder-hints-at-collaboration-with-top-defi-protocol-curve/
Random:
🐳📈 Are #Ethereum's whales exiting their positions in droves now with many assuming the top is in? The answer is a resounding NO. The number of addresses with at least 10,000 $ETH held has jumped from 1,171 to now 1,220 in the past 2 weeks, a +4.2% rise. https://t.co/62LO3iPh5I pic.twitter.com/8S2bvnqlSI
— Santiment (@santimentfeed) January 11, 2021