Yearn Generation of Yield is an experimental community owned DeFi platform specialized in low risk stable coin yield farms supercharged by flash loan collateralization.
This provides an opportunity for farmers to safely diversify the source of their yields and acts as an experimental testbed for the development of the Yearn Generation of Yield governance platform.
The GOAT knows
What the fuck is a flash loan? Like you give me $10, I show you my cock real quick, and I give you $10 back? If so based
I've seen this a few times now, I'm interested in hearing about the governance side of things, if they're putting an emphasis on a new kind of governance model then its really caught my interest
"Flash Loans are the first uncollateralized loan option in DeFi! Designed for developers, Flash Loans enable you to borrow instantly and easily, no collateral needed provided that the liquidity is returned to the pool within one transaction block." -Google
just checked the website it doesnt seem like total shit
its ygy.finance for you cucks
So what kind of mega-jewry can you pull with free money in a single block time?
arb ops usually, but also a bunch of other shit. flash loans are big news
cute af awwww
Wasn’t that yfrb coin also flash loans? It did a 3x in 2 days. This could be a nice switch
That's the plan chief