Yearn Finance Launches New Morpho Labs Integration

Yearn Finance addressed recent criticism about **opaque curation practices** in DeFi lending by detailing their comprehensive security approach. The protocol uses a **multi-dimensional risk framework** that evaluates strategies across 8 key dimensions: - Audit quality - Code review - Complexity assessment - Protocol longevity - Team knowledge - Testing coverage - TVL impact Key principles include: - **No deployment without safe exit strategy** - Deep analysis of collateral usage and re-hypothecation risks - Continuous monitoring of all vaults and strategies Yearn maintains [public risk scores](https://github.com/yearn/risk-score) for transparency and has detailed [fund deployment criteria](https://docs.yearn.fi/getting-started/products/curating/introduction#how-we-decide-where-to-deploy-funds) available. The team acknowledged **missing opportunities** due to their conservative approach but emphasized that **fund safety remains non-negotiable**. This response comes amid broader industry discussions about lending protocol security and curation transparency.

A new hackathon launches October 30th, marking the first community building event in an extended period. **Key Details:** - Event starts Oct 30 - Open to all builders - Community's first hackathon in some time The announcement emphasizes this as a significant opportunity for developers and creators to participate in collaborative building. *Registration and additional details to follow.*

**Polymarket** is launching a **yield-bearing layer** powered by Yearn V3, exclusively on Polygon network. **Key Details:** - Integration combines Polymarket's prediction markets with Yearn's yield infrastructure - Built on Polygon for enhanced scalability and lower costs - Leverages Yearn V3's permissionless, ERC-4626 compatible architecture **About Yearn V3:** - Introduces **Tokenized Strategies** for standalone, single-strategy vaults - Enables anyone to become a strategist with just 3 lines of code - Designed as base layer for all DeFi yield opportunities - Fully composable and open-source infrastructure This partnership represents a significant step in bringing **yield generation** to prediction markets, potentially allowing users to earn returns on their positions while participating in forecasting events. *More updates expected soon from the development team.*

**YB (Yield Basis) airdrop claims are now available** for yCRV users. - Claims can be made at [ycrv.yearn.fi/claim](https://ycrv.yearn.fi/claim) - Full details available in the [official blog post](https://blog.yearn.fi/ylockers-update-airdrop-distribution) - This follows the recent YB distribution to vlCVX participants who voted on Curve DAO proposals **Check your eligibility and claim your tokens now.**

Yearn Finance has launched a new USDC vault that leverages API3's Oracle Extractable Value (OEV) network to boost yields. The vault represents a shift in how liquidation value is captured in DeFi lending markets. Previously, liquidator bots competed through gas price auctions, with most value going to validators. API3's OEV network changes this by: - Obscuring oracle data - Auctioning data to liquidators - Redirecting value from validators to protocols Key Benefits: - Enhanced yield potential - Exclusive use of API3 oracles - Increased oracle diversity [Learn More](https://forum.morpho.org/t/new-oev-boosted-vaults-by-yearn-api3/1833)