Yearn Finance Comic - Part 6

By xuanling11 | Crypto Learning | 4 May 2022


fc1a360d78ed137dc8c2c5a88d1918dc4c58679a7f70d0c40d4c2c7844381553.png

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A Defi strategist is a person to invents a new way to beat the market 👨‍💼.

 

How nice if a robot could be programmed to help implement your strategy 👨‍💻?

 

Let’s see how Yearn Finance offers Defi products 🛍️!

 

 

📈 Yearn Finance Strategy

f3d552afc317dd4e004ae0ee8b7ba70535ac12385ef8ec9d9b59a3350571e0ca.png

Image credit: https://blog.yearn.finance/articles/marco-worms/yearn-finance-explained-what-are-vaults-and-strategies

 

1️⃣ What is a strategy? 

 

A strategy is a financial product that is programmable through a smart contract. Such a strategy is a way to yield more earnings and more opportunities to earn. There are many ways, including lending, borrowing, yield farm, staking, and more.

 

2️⃣ How does a strategy work?

 

Here is a detailed explanation of how it works.

 

Strategy is a way for a program to automatically trade and produce a maximum amount of profits in the market if possible.

 

3️⃣ How does a strategy really work?

47e9693245a331d739ca66ccc34c6fc7c440bdb48d171f1e3ba713d7d05a9c31.png

Image credit: https://www.youtube.com/watch?v=NVR3teJw0Y0

 

You will propose a strategy to the community and vote in favor of implementing your strategy of the committee approval.

 

 

4️⃣ How is a strategy to win?

 

Yearn Finance has a strategy called harvest that will rebalance the process to make sure profits are realized and reinvested back into the strategy. Also, many strategies were learned from mistakes in the past to be able to provide “go up only” results.

 

🔎 Transparency in Yearn Finance

 

 

Transparency is the key to success in Defi. You can view Yearn Finance reports just like view a company's performance through their accounting transactions. 

 

You can also view all statuses about their funds and performance here.

 

👉 In Conclusion

 

Yearn Finance has a strategy to provide a higher winning chance through their products and transparency to help communities to work collaboratively to win the future.


Note: the post was shared on multiple platforms here.

You can refer my previous article lists here and here
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Disclosure: The article was written by a delusional author who is possibly a nut job without any questions whatsoever about expertise in the subject matters. You should not believe any words this author wrote or you may experience similar symptoms or even possibly become a nut job.

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xuanling11
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