Yild Farming - Is There a Difference Between a Delegated Valt and a Whi Token?

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The whit tokens are there to keep things simple, you know. You don't want exposure to yiel thorming or any of those strategies. So di has y d u st t, s, y u t t, all the way through to issust. Simplitically, you put in aset, it gets autimated, lent out to different lenders. And then you get interest rights from there, and and the end. It's a very, it's a very clean, closed loop solution....

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