YFI chart (Cryptowatch)
DeFi Protocol Yearn Finance's Token Rises 7% Despite Crypto Market Plunge
YFI is up 23% against its bitcoin trading pair over the past 48 hours.
YFI chart (Cryptowatch)

(Micheile/Unsplash)
YFI registra un máximo de seis meses y Yearn Finance anuncia un producto de staking líquido de ether
El producto fue diseñado para que los usuarios obtengan exposición a una serie de derivados de staking líquido en un solo token.
(Micheile/Unsplash)

LDO rewards will be distributed on Aave's v2 on Arbitrum and Optimism. (Micheile/Unsplash)
YFI Sets Six-Month High as Yearn Finance Teases Ether Liquid Staking Product
The product is designed for users to gain exposure to a basket of liquid staking derivatives in a single token.
LDO rewards will be distributed on Aave's v2 on Arbitrum and Optimism. (Micheile/Unsplash)

1908 photograph of a vault door (Cleveland Trust Co., modified by CoinDesk)
MakerDAO Approves Deployment of $100M USDC on DeFi Protocol Yearn Finance
The decision opens the way for MakerDAO to earn an estimated 2% annual yield on USDC stablecoin deposits.
1908 photograph of a vault door (Cleveland Trust Co., modified by CoinDesk)

CDCROP: Piggy bank bent forward change money coins (Andre Taissin/Unsplash, modified by CoinDesk)
DeFi Protocol Yearn Finance Will Let Anyone Create Curve Reward Farms
Yearn was among the first yield aggregators in the now-mature decentralized-finance ecosystem.
CDCROP: Piggy bank bent forward change money coins (Andre Taissin/Unsplash, modified by CoinDesk)

(Nuthawut Somsuk/Getty Images)
Grayscale Adds Flexa’s AMP to DeFi Fund, Removes BNT, UMA in Quarterly Rebalancing
The world’s largest digital asset manager announced the updated weightings on Monday, following reconstitution of the CoinDesk DeFi Index (DFX).
(Nuthawut Somsuk/Getty Images)

(Hasan Almasi/Unsplash)
‘Curve Wars’ Heat Up: Emergency DAO Invoked After ‘Clear Governance Attack’
In a governance first, Curve has halted rewards emissions to a pool after it deemed a protocol’s behavior a “clear governance attack.”
(Hasan Almasi/Unsplash)

Matt West could be a key voice for DeFi if he ends up being successful in his bid for public office. (Matt West)
DeFi on the Ballot: Yearn Developer Matt West Is Running for Congress
The Oregon resident will be running on a pro-crypto platform as a Democrat.
Matt West could be a key voice for DeFi if he ends up being successful in his bid for public office. (Matt West)

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Yearn’s Cronje Backs $10M Funding Round for DeFi’s Instadapp
The India-based startup will use the funding to continue developing a “middleware” layer for the DeFi ecosystem.
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Market Wrap: Bitcoin Fails Test of $40K While Ether Loses Steam Near $2.9K
Meanwhile, the cost of gas fees on the Ethereum network is near a three-month low.
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