TVL: $632,724,261 (+5.1%)

PRICE: $25,901.46 (+9.5%)

Product:

veCRV Rewards Simulator

yVaults Explained

Governance:

General Chat: yveCRV liquidity - time for CREAM synergy

@cryptoyieldinfo posted the more yveCRV the better for the YFI ecosystem through boosting all Curve vaults.

We need to incentivise CRV/yveCRV pool liquidity to encourage more CRV conversion to yveCRV. If people can see a route back out of yveCRV they will be more likely to enter yveCRV vault.

A mechanism could be taking advantage of the integration with $CREAM.

Yearn & Cover Collaboration

@andrecronje posted that Yearn and Cover Protocol join forces. Providing cover has been a key initiative at Yearn since working with Nexus Mutual to launch yInsure. Yearn developers have been working with Cover Protocol devs since inception, so this coalition comes natural for both. The two teams working together as one will help optimize, enhance, and amplify the work that is already underway. Yearn can focus on its best-in-class vaults, while Cover becomes the backstop coverage provider for the Yearn product suite, as well as for DeFi as a whole.

Community:

Yearn + Sushi

Yearn community member @andy8052 was able to help our friends at SushiSwap when they needed help patching up an exploit that was found in one of their smart contracts

M&A

Merger, Acquisition, Partnership, & Collaboration nomenclature in the decentralized space
What do these terms mean in a decentralized non incorporated world, and what have we learned from our interactions so far? The interesting thing about the above, they all in some way refer to…

$CORN

yyveCRV Metavault

Media:

Read: Yearn Finance continues acquisition spree with Cover

https://cointelegraph.com/news/yearn-finance-continues-acquisition-spree-with-cover

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