🎙️ Yearn Partners Host Twitter Space on Making DeFi Cypherpunk Again

**Yearn's new USDS vault through Term Labs is gaining traction**, offering depositors an average **6% yield** through a dual-strategy approach. The vault operates by: - Earning **7.5% APY** on ~69% of deposits through fixed-rate lending - Generating **4.8% APY** on remaining funds via Yearn's USDS vault - Providing additional **Cap Money points** on collateral Term Labs uses **sealed-bid auctions** every ~4 days to match lenders with borrowers seeking loans against blue-chip collateral. Currently serving a **$445K USDS loan** for 45 days at 7.5% annualized rate, backed by fixed-duration cUSD collateral. **Idle funds aren't wasted** - they're automatically allocated to Yearn's USDS vault until the next auction, maximizing yield efficiency. Yearn's DAI-2 vault also participates by converting DAI to USDS at 1:1 ratio before depositing into the Term strategy.

**Yearn Curation has grown to $160M TVL** since launching in July, positioning itself as a security-focused curator in the DeFi lending space. **Key Performance Metrics:** - WETH Vault: $46M TVL, 3.8% yield (3rd largest WETH vault) - USDC Vault: $29M TVL, 4.74% yield with OEV boosting - Curates 2 of 3 highest TVL vaults on Katana **Risk Management Framework:** - Multi-dimensional risk scoring across 8 categories - Continuous monitoring of all vault strategies - In-house risk capabilities built for Morpho Labs integration **"Know Your Curator" Philosophy:** Yearn emphasizes transparency in curation practices, contrasting with recent concerns about opaque lending practices in DeFi. Their approach prioritizes fund safety over maximum yields. The platform leverages existing vault curation expertise to manage Morpho vaults, ensuring strategy alignment with user risk preferences while maintaining immutable code with configurable parameters.

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)

Yearn Finance announces yBOLD, a yield-bearing version of BOLD built on Yearn V3. Key features include: - Oracle-free architecture - Permissionless access - Automatic yield optimization - Zero entry/withdrawal fees - Integration with Yearn's Dutch Auctions The upgrade enables users to earn yields while maintaining BOLD exposure. Additionally, @asymmetryfin is developing sUSDaf, among other yield-bearing Liquity V2 projects in development. Previous implementations showed potential for: - Use as productive collateral on platforms like Euler - Advanced yield strategies via Spectra and Pendle - Exposure to 15+ fork rewards through Stability Pool deposits