Safe & secure yearn.finance wallet
Take control of your yearn.finance assets with complete confidence in the Trezor ecosystem.
- Secured by your hardware wallet
- Use with compatible hot wallets
- Trusted by over 2 million customers
Buy, sell & manage your yearn.finance with the Trezor Suite app
Send & receive
Buy, sell & swap
Trezor hardware wallets that support yearn.finance
Sync your Trezor with wallet apps
Manage your yearn.finance with your Trezor hardware wallet synced with several wallet apps.
Trezor Suite
MetaMask
Rabby
Supported yearn.finance Networks
- Polygon POS
- Base
- Ethereum
- Fantom
- Harmony Shard 0
- Arbitrum One
- Avalanche
- Optimism
- Gnosis Chain
- Energi
- Huobi ECO Chain Mainnet
Why a hardware wallet?
Go offline with Trezor
- You own 100% of your coins
- Your wallet is 100% safe offline
- Your data is 100% anonymous
- Your coins aren’t tied to any company
Online exchanges
- If an exchange fails, you lose your coins
- Exchanges are targets for hackers
- Your personal data may be exposed
- You don’t truly own your coins
How to YFI on Trezor
Connect your Trezor
Install Trezor Suite
Transfer your YFI
Make the most of your YFI
Trezor keeps your YFI secure
Your tokens, your controlAbsolute control of every transaction with on-device confirmation
Clear & simple wallet backupRecover access to your digital assets with a new backup standard
The best defense against both online and offline threats
Transparent wallet design makes your Trezor better and safer
Packaging & device security seals protect your Trezor’s integrity
Yearn Finance is a suite of products in Decentralized Finance (DeFi) that provides lending aggregation, yield generation, and insurance on the Ethereum blockchain. The protocol is maintained by various independent developers and is governed by YFI holders.
It started out as a passion project by Andre Cronje to automate the process of switching capital between lending platforms in search of the best yield offered, as the lending yield is a floating rate rather than fixed rate. Funds are shifted between dYdX, AAVE, and Compound automatically as interest rates change between these protocols.
The service offered includes major USD tokens such as DAI, USDT, USDC, and TUSD. For example, if a user deposits DAI into yearn.finance, the user will receive yDAI token in return, which is a yield-bearing DAI token.
Later on, it collaborated with Curve Finance to release a yield-bearing USD tokens pool that includes four y-tokens: yDAI, yUSDT, yUSDC and yTUSD, it is named as yUSD.
Yearn Finance debuted the vault feature after its token launch, igniting a frenzy on automated yield farming and is considered the initiator of the category of yield farming aggregator. Basically, the vault will help users to claim yield farming rewards and sell it for the underlying assets.
Vaults benefit users by socializing gas costs, automating the yield generation and rebalancing process, and automatically shifting capital as opportunities arise. End users also do not need to have proficient knowledge of the underlying protocols involved or DeFi, thus the Vaults represent a passive-investing strategy. It is akin to a crypto hedge fund where the aim is to increase the amount of assets that users deposited.