Yield Aggregators: Are They Still Worth It?

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More Online Casinos We Recommend

For example, if you supplied equal ETH and DAI into Uniswap to mint UNI-V2 ETH-DAI LP tokens, you could then stake those LP tokens into a Yearn yvBOOST vault. This rewards you with more ynBOOST governance tokens over time through auto-compounding. The smart contracts then automatically yield farm, compound earned interest, claim rewards, and redistribute everything for maximized gains. Yield aggregators revolutionized decentralized finance by making complex yield farming accessible to everyone.

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