Yearn V3 Launches Zero-Strategy Stablecoin Vaults

馃彟 Vaults Just Got Lazy

By Yearn
Dec 2, 2024, 6:17 PM
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Yearn Finance has introduced a significant update to their V3 platform, enabling users to deploy stablecoin vaults without requiring complex strategies.​

Key features:

  • One-click vault deployment
  • Gas-efficient operations
  • ERC-4626 compliance for better interoperability
  • Zero strategy requirement
  • Collaboration with Curve Finance and Chain Security

The platform has also reduced fees:

  • Management fees dropped from 2% to 0%
  • Performance fees reduced from 20% to 10%

Users can monitor vault metrics through yearn.​watch and yearn.​vision dashboards.​

Sources
Read more about Yearn

Yearn Vaults on Katana Now Earn Steer Protocol Points

**Yearn Vaults on Katana network now offer additional rewards** through Steer Protocol points, expanding earning opportunities for users. **Multiple reward streams available:** - Bridge yield - Native yield - KAT rewards - **New:** Steer Points **Eligible vaults include:** - ETH - USDC - USDT - AUSD Users can access these enhanced vaults at [yearn.fi/v3](https://yearn.fi/v3?chains=747474) to start earning the expanded reward structure.

Yearn OG USDC Vault Hits $1.5M on Arbitrum with Double Rewards

The **Yearn OG USDC vault** on Morpho Labs has reached **$1.5M in deposits** on Arbitrum. Depositors can now earn: - Base yields from the vault - Daily DRIP rewards through Arbitrum's active campaign - Additional incentives via Merkl This creates a **double-reward opportunity** for USDC holders looking to maximize their yields on Arbitrum. [Deposit in the vault](https://app.morpho.org/arbitrum/vault/0x87DEAE530841A9671326C9D5B9f91bdB11F3162c/yearn-og-usdc)

馃毃 NPM Attack Hits

**Major NPM supply chain attack** targets multiple high-impact packages across the ecosystem. **Yearn Finance responds quickly:** - Conducted immediate audit of all frontend systems - **Confirmed zero impact** on Yearn platforms - Paused all website deployments as precaution **Safety measures in place:** - Reviewing security procedures across frontends - Monitoring situation continuously - Waiting for NPM to remove malicious packages **Other protocols affected:** LFJ also reports no identified risks after developer confirmation. *Stay vigilant across all DeFi platforms during this ongoing security incident.*

Yearn Launches OEV-Boosted USDC Vault with API3 Oracles

Yearn Launches OEV-Boosted USDC Vault with API3 Oracles

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)

yBOLD: A New Yield-Bearing Asset Built on Yearn V3

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