In recent news shared by the team, a for managing crypto, we learn that the platform, a platform that aggregates the various , has now opened a vault on Idle Finance: Idle Finance blockchain protocol Yearn Finance lending protocols To be precise, the pool that has been opened is related to the , a vault that will have a maximum of 100 thousand dollars as a maximum ceiling, so as to test it and avoid that, in the event of problems, millions would not be lost due to a bug in the . USDC stablecoin smart contract We are talking about incredible news that has an Italian heart, in fact, the Idle Finance team is Italian, and the developer who made the creation of this vault possible is also Italian, demonstrating how interesting things are developing in this country too. As for Yearn Finance, we remind you that the related token of the platform, has already and already in September 2020, so something that had not been seen before and that maintains high values, so not a bubble as many believed, also due to the limited supply of 30 thousand . YFI exceeded the value of the bitcoin YFI tokens We also recall that Yearn Finance was developed by a talented developer and several active projects, for some the "Midas" of the world of , who did not fail to the Idle Finance team: decentralized finance (DeFi) congratulate For its part, also Idle Finance, last year, launched its , traded around 6 dollars now and which has reached 15 dollars, a token that has not only been distributed to all those who had interacted with the protocol, but the same token can be recovered simply by depositing one's crypto in one of the available pools. IDLE token But it does not end here, because according to the protocol in which one of the available pools is placed, to have greater profit, other tokens of the underlying protocol are also recovered, for example if the pool is put on the , then both the IDLE token that the , automatically and effortlessly. Compound protocol COMP token Let's not forget that by inserting our crypto in one of the pools, or in all of them, we also get an interest based on the crypto we have deposited, for example if we deposit DAI then we will receive the interest in DAI, and as previously mentioned, also the IDLE token and the underlying protocol token for example COMP. We are only at the beginning of the various integrations that we can read in the , and among which we can see how the , the , and also the possibility of seeing the and then lock IDLE tokens to generate DAI. community roadmap Ethereum (ETH) pool will be implemented IDLE token staking IDLE token as collateral on MakerDAO How does Idle Finance work and where can I find more information? As with any project, it is better to start from the by the team itself, even if the interface is quite simple and intuitive, while for the less practical of this platform, there is an entire chapter in the book that explains the various topics in detail, which takes the name of " ", important because it not only explains the basics of this sector and the various steps of the various protocols, over 30, but it is also the only one that examines 3 different blockchains such as ( ), and ( ). documents shared Mastering DeFi - A practical guide for beginners and the advanced Ethereum ETH EOS Tron TRX A that analyzes the which are: book macro-categories of decentralized finance Lending and Borrowing Payments Decentralized Exchange Asset management Derivatives All organized into and also divided by blockchain so as to have a complete picture of what we find on the various blockchains and also make the relative comparisons to leave maximum freedom for anyone to use the blockchain they prefer without closing the door to others. 8 chapters analyzed in detail and details, with relative fundamental steps, an indication of the various costs incurred to carry out the various transactions, so as to make the reader aware before he can interact with him. Over 30 protocols Translated into , , , , , , , , and , so as not to exclude anyone from this revolution that is underway and will continue in the years to come. 8 different languages Italian English German French Spanish Portuguese Dutch Japanese

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DeFI Takes: YFI Tips Hat To IDLE

DeFI Takes: YFI Tips Hat To IDLE

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