yearn Wiktionary, the free dictionary

Instead, all of them were distributed to users who had deposits in certain key liquidity pools that benefited the project. Exploits are a constant threat to your holdings in decentralized finance. Chainalysis reported that DeFi theft added up to $2.3 billion in 202. If your fund was stolen, chances are that it would never be recovered. In April 2022, Yearn endorsed the new ERC-4626 standard, which streamlines design for yield-bearing tokens on the Ethereum blockchain.

Words Ending With

Some common synonyms of yearn are hanker, hunger, long, pine, and thirst. While all these words mean “to have a strong desire for something,” yearn suggests an eager, restless, or painful longing. When the token was launched in July 2020, it grabbed people’s attention because Yearn’s creator didn’t set any tokens aside for himself or the company, as most cryptocurrency issuers tend to do.

Star Wars Words

There are a dozen available wallet options, from hot wallets to cold storage, that Yearn can connect to including MetaMask, Coinbase Wallet, Ledger and Trezor. Although the words long and yearn have much in common, long implies a wishing with one’s whole heart and often a striving to attain. I yearn for an America where people in positions of leadership actually take actual responsibility for their actual failures. Fine—many (though not all) transgender people yearn to take on their felt gender role.

Can you solve 4 words at once?

1. Instead, all of them were distributed to users who had deposits in certain key liquidity pools that benefited the project.
2. We may yearn for them but they are unreachable now, left in a past that seems almost to belong to a distant planet.
3. Users quickly flocked to Yearn after its launch, locking $1.5 billion into the platform by September 2020.
4. I yearn for an America where people in positions of leadership actually take actual responsibility for their actual failures.
5. The synonyms hanker and yearn are sometimes interchangeable, but hanker suggests the uneasy promptings of unsatisfied appetite or desire.

Over 2,000 people graduate from university each year in Bhutan, and they yearn for professional work. It’s the kind of experience what is the meaning of memo debit that makes one yearn for a simple life. Hanker suggests the uneasy promptings of unsatisfied appetite or desire.

This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional. All that blood in the water made a fine sight, made him yearn all the more to wet his hands with blood. We may yearn for them but they are unreachable now, left in a past that seems almost to belong to a distant planet.

Examples of yearning in a Sentence

The synonyms hanker and yearn are sometimes interchangeable, but hanker suggests the uneasy promptings of unsatisfied appetite or desire. Those who hold YFI can propose and vote on certain changes to be made to the platform. Voters earn a small fee for participating in the decision-making process. In the sense that many people are out of a job and yearning for a sense of security agencies can’t give them.

Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now. The goal of these partnerships was to expand Yearn’s offering to become a powerhouse for yield farming. Thanks to the new standard, developers don’t have to write new code to create custom vaults for every single new DeFi application. It also creates a shared interface for the tokens held in vaults.

Then, users can earn a yield by choosing different lending pools and strategies called vaults. First, you have to connect your crypto wallet to the Yearn.Finance protocol. These examples are programmatically compiled from various online sources to illustrate current usage of the word ‘yearn.’ Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. After launch, Yearn partnered or merged with a string of other DeFi projects such yield seeker Pickle Finance, hedging protocol Hegic, money market Cream and institutional DeFi portal Akropolis. Users deposit the asset into a vault and then Yearn borrows stablecoins against the asset. The stablecoins are then used to seek yield-farming opportunities, constantly rebalancing as opportunities shift.

Weary of the disruptions, students yearn to return to the classroom. Perhaps I had become irredeemably out of control because the direction and encouragement I yearned for at home was absent.

Initially, the circulating supply of the token was capped at only 30,000 YFI. According to the YFI documents, more can be minted if users vote for it. Users quickly flocked to Yearn after its launch, locking $1.5 billion into the platform by September 2020. At its peak in November 2021, the total value locked in the network passed $6 https://cryptolisting.org/ billion, according to data. Yearn.Finance turned a lot of heads during the summer of 2020 – also known as DeFi Summer – after its token, YFI, rose from $3 to past $30,000 within months. All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only.

Yearn.Finance has been one of the pioneers of decentralized finance (DeFi), an umbrella term for automated, blockchain-based financial services that let investors lend, borrow and earn yields on their crypto assets. While the token’s price retreated since then, the decentralized finance (DeFi) platform still offers yields over 20% annually that makes it attractive during times of high inflation for crypto investors. Vaults let users hold an asset they like while also earning yield denominated in that asset, so they can grow their stack. For instance, people who hold SUSHI, the token of decentralized exchange SushiSwap, can earn SUSHI by letting Yearn put their holdings into work.