Isa uni is worried about the impression it creates for the uninformed user. People are just yollowing into whatever they see, without actually considering what their net result is. The amount of capital going into these systems and the speed at which they are going into these systems clearly tells me that that sort of, that want to be informed has completely flown out of the window right now....
This week, I - Hasu - talk to Andre Cronje, a long-time DeFi developer, and creator of Yearn Finance. You can think of Yearn as a smart bank account that automatically allocates your assets to different low-risk investment strategies that execute on the Ethereum blockchain.
My co-host is Tarun Chitra, the CEO and founder of Gauntlet, a company that helps stress test the incentive structures and economics of cryptocurrency protocols, especially of DeFi protocols.
We're releasing this interview in two parts. The first gives you an introduction to Yearn Finance, it's future, and Andre's design and investment philosophy in building it. Part II explores the design space for governance systems in DeFi - one of the hottest topics in crypto right now.
Yearn Finance
Gauntlet
Hasu's article "Is Yearn.finance safe to use?"
New: Episode Transcript