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Yearn Finance Cuts Management Fees On Key Vaults

Twitter icon  •  Published 2 years ago on September 2, 2022  •  Hassan Maishera

In a tweet on Thursday, the Yearn Finance team announced that it had cut management fees on key vaults like ETH, USDC, DAI, and more.

Yearn Finance Cuts Management Fees On Key Vaults

In a tweet on Thursday, the Yearn Finance team announced that it had cut management fees on key vaults like ETH, USDC, DAI, and more. It added that cutting fees is part of a longer-term product vision to keep building innovative automated products that focus on performance.

Yearn.Finance is a Decentralized Finance (DeFi) platform that aims to build products on aggregated liquidity provision, leveraged trading, automated marketing making, and more.

YFI is trading at $9,274, up by more than 4% in the last 24 hours.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.