Frequently asked questions about Yearn Finance and how our vaults work.
What is Yearn Finance and how does it work?
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Yearn Finance is a decentralized yield aggregator protocol that automatically optimizes yield farming strategies for deposited assets. Yearn Finance Vaults move funds between leading DeFi protocols — such as Aave, Compound, Curve, and others — to always capture the best available return. Users simply deposit assets and Yearn Finance handles the rest, compounding gains and saving on gas.
How do Yearn Finance Vaults generate yield?
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Yearn Finance Vaults use a system of automated strategies developed and maintained by expert contributors. Each vault deploys capital into one or more DeFi protocols to earn lending interest, trading fees, or liquidity mining rewards. The earned yield is automatically harvested and compounded back into the vault, increasing the share price over time for all depositors.
What blockchains does Yearn Finance support?
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Yearn Finance currently supports Ethereum, Base, Arbitrum One, Optimism (OP Mainnet), Polygon, and Katana. The protocol continues to expand to new EVM-compatible chains to provide users with the broadest access to yield opportunities in DeFi.
What fees does Yearn Finance charge?
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Fee structures vary by vault. Most vaults charge a performance fee (typically 10%) on earned yield, and some charge a small management fee. Many newer vaults launched by Yearn Finance have 0% management fees. Always check the individual vault's fee details before depositing.
How can I get started with Yearn Finance?
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To start earning with Yearn Finance, connect your Web3 wallet (such as MetaMask or WalletConnect), browse the available vaults, select a vault that matches your asset and risk preference, and deposit. Your funds will immediately start earning optimized yield managed by Yearn Finance's automated strategies.
